Contemporary Theories of political Economy Essay - 1

Contemporary Theories of political Economy - Essay Example his writings was that the shift of power and the resultant emergence of liberal democracy stifles further growth and advancement in human political organization. He contended to the notion that liberal democracy leads to the onset of the end of history as proposed by the nineteenth-century German philosopher Georg Hegel. He studied Hegel extensively by way of Alexandre Kojà ¨ve and came to the conclusion that the revolution of 1989 to 1990 proclaimed the end of history in the shape of triumphant liberal democracy (Kimball). By suggesting that the end of the Cold War marked the end of history, Fukuyama did not mean that it was an end to the big events; rather, his perspective bolstered the argument that the end of history was â€Å"an end to humanitys long ideological evolution toward a stable form of political organization† (Crawford 415). According to Fukuyama, if there is a growth of liberal democracy, coupled by its successful implementation in different places and acceptance by a wide range of people, and if human societies move â€Å"towards or converge on a single form of socio-political organisation like liberal democracy†, with no practical substitutes for liberal democracy, then the â€Å"[ideological] dialogue† has come to an ultimate and perfect conclusion. Fukuyama agrees with Kojà ¨ve that the end of history implies an end of wars and blood revolutions since humanity will not have any large causes to fight for (Forrester 28). The outcome of the Cold War was that liber al democracy was to become the sole form of government for all countries. In my opinion, the end of the Cold War did not mark the end of the history. The events that have unfolded during the subsequent years do not establish the Western liberal democracies as the absolute rulers of the world. Samuel P. Huntington came out as a direct opponent of the End of History. He was of the view that although liberal conflicts will not occur after the Cold War, there is a possibility of the occurrence