Commentary
As should be clear by now, Francis Fukuyama’s declaration in “The End of History: The Last Man” (1992) that we had arrived at “the end of history” didn’t mean that classical liberalism, or laissez-faire economics, had emerged victorious over communism and fascism or that the final ideological hegemony signaled the end of socialism. In fact, for Fukuyama, the terminus of history was always democratic socialism or social democracy.