OCT 29 - Isn't life strange? In 1989, Francis Fukuyama, wrote "The End of History?", published in the national Interest.
In this famous essay, Fukuyama argues that the march of Western liberal democracy may signal the end point of mankind's ideological evolution and thus, liberal democracy (American's kind) has won against the ideas of Karl Marx.
He wrote: "What we may be witnessing is not just the end of the Cold War, or the passing of a particular period of post-war history, but the end of history as such: that is, the end point of mankind's ideological evolution and the universalization of Western liberal democracy as the final form of human government."
Now, nearly 20 years later, we are seeing the most serious crisis facing capitalism, or to be exact, the credit crunch caused by unregulated, free, cowboy capitalism that the Americans have been promoting around the world.
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