On October 21, 1989, the Berlin wall fell, announcing the collapse of the Soviet empire and the demise of 20th century socialism. In a much celebrated article published the same year, a senior official of the U.S. Department of State, Francis Fukuyama, announced the “end of history,” celebrating “the unabashed victory of economic and political liberalism and the universalisation of Western democracy as the final form of human government.”1 Indeed, the Cold War is over and we can all rest in peace. Capitalism has prevailed and we can now use interchangeably such words as market economy, freedom and democracy.

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