In 1989 Francis Fukuyama made a bold prediction. The world would become increasing democratic and market-oriented. Other political models would gradually wither away. He called this “The End of History.” Here are a couple facts about his prediction:
1. It would be difficult to find any other prediction in the humanities or social sciences that has proved more accurate. There are many more democratic countries than in 1989, and policy has become much more market-oriented in most countries.
2. When intellectuals discuss his prediction today, 99% assume it failed to come true. Indeed most utter the phrase “the end of history” with undisguised contempt.
The juxtaposition of these two realities has made a deep impression on me.
