Beyond the End of History: Rejecting the Washington Consensus

In the quarter century that has passed since the collapse of the Soviet Union and the end of the Cold War, fanciful establishment intellectuals have advanced the idea that an “end of history” has somehow arrived. The model of “democratic capitalism” is said to be the final stage in the development of political economy. It is often suggested that it is simply a matter of waiting for the rest of the world to catch up, and at that point the Western model will have achieved a final and eternal ...