Part one of term paper
Francis Fukuyama contends that liberal democracy marks the end of history. By this he contends that there does not exist another political structure which can best serve all of humanity. For him, liberal democracy is the final stage in Hegel’s dialectic and will consequently spread throughout the world’s political systems. How will thi ...

Part two of term paper
... are given universal rights and are governed by the consent of the people. Fukuyama gives three examples which is supportive of the trend towards free market activity. The first example he speaks about is communist China and how it has opened up 20% of its economy to the free market. Secondly, he speaks about Russia’s attempt at reform, know as perestroika. Thirdly, he points out the fact that newly developing countries in Asia are increasingly adopting the western free market approach. These ...