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 3 - The End of History — From Nietzsche to Freud In The End of History , Fukuyama argued that, over the long term, the whole world will converge on variations of the liberal democratic capitalist model. This was because there were, in his mind, no other existing models that could rationally organize modern societies. Rivals, such as Islamic and Christian theocracy, were culturally and geographically restricted — only liberalism, after the end of socialism, could bestride the world as a global system. In his first book, Fukuyama was keen to stress the fact that history’s ending would not occur synchronously across geographical regions; instead, active outliers in the Global South would eventually catch up aft