In 1992, historian Francis Fukuyama wrote that the fall of the Soviet Union signaled “the end of history.”
Capitalism Won Over Marxism
While there were nuances to Fukuyama’s theory, it essentially held that in the battle between Marxism and capitalism, Marxism had lost. Communist countries from Cuba to China and everywhere in between were all abject economic failures, murderous regimes, and horrendous polluters that were absolute hellholes. The top-down, anti-God, oppressive communist system had failed to deliver on its promises in every way.
James Gorrie
Author
James R. Gorrie is the author of “The China Crisis” (Wiley, 2013) and writes on his blog, TheBananaRepublican.com. He is based in Southern California.