"When the Cold War ended, Francis Fukuyama had stunningly proclaimed that history, humankind’s quest for the good society, had ended with ‘the universalization of Western liberal democracy as the final form of human government’. With socialism defeated, no alternatives remained. Barely two decades later, however, history appeared to have resumed and socialism was once again on humanity’s horizon as the 2008 North Atlantic Financial Crisis sent the major capitalist economies into a mire of low growth and austerity while socialist China continued its historic growth spurt. Socialism remained capitalism’s Big Other destined to absorb and annihilate it."
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Bloggers from the United StatesCritics from the United StatesCultural criticsSocial criticsConservatives from the United States
Original Language: English
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Radhika Desai, Capitalism, Coronavirus and War: A Geopolitical Economy. . 2022. p. 2
https://en.wikiquote.org/wiki/Francis_Fukuyama
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Francis Fukuyama
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