In Liberalism and Its Discontents, Francis Fukuyama diagnoses the political and psychological malaise caused by capitalism. His analysis makes one thing clear: liberalism is incapable of addressing the social, economic, and ecological crises it faces. by Samuel McIlhagga Part 2 - Intellectual Origins The publication of The End of History and the Last Man coincided with the sudden collapse of the Soviet Union, the reunification of Germany, and the independence of various Soviet satellite states like Poland and Lithuania. Initially, all these post-Soviet states adopted liberal, democratic, and capitalist models of governance. Accordingly, Fukuyama became a both famous and somewhat misunderstood figure in academia — a prophet of the triumph of liberal democracy and the material inevitability of capitalism. In the press, he was written about as a reverse Karl Marx. For those who had not read his book, the lesson to be taken from it was that history was over because American capitalism