Abstract

Abstract:

Until a few years ago, many argued that liberal democracy was the most just and attractive political regime. The most prominent manifestation of this optimism was Francis Fukuyama's thesis of the "end of history." Ironically, many of the same social scientists who dismissed Fukuyama's work out of hand at the time were themselves committed to equally far-reaching assumptions. Now, as the tides of history are rapidly turning, the hypotheses of theory are being reversed. Indeed, some authors today predict that as the conditions that made liberal democracy possible fade away, it is likely to be supplanted by illiberal democracy, competitive authoritarianism, or outright dictatorship. Such conclusions risk being just as rash as the more optimistic ones that preceded them.

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