The fall of the Berlin Wall in November 1989 marked the end not of a historical chapter, but of a paragraph. Although capitalism currently has no rival, it has proven its compatibility with illiberal forces.
MADRID – November 9, 1989, is a date my generation will never forget, and one that will forever be inscribed in human history. On that day nearly 30 years ago, the Berlin Wall fell. The break-up of the Soviet bloc showed that communism was to become the second great ideological failure of the twentieth century, following the demise of fascism a few decades earlier. Liberal capitalism and its main exponent, the United States, reigned supreme, seemingly destined to enjoy a long, unchallenged hegemony.
MADRID – November 9, 1989, is a date my generation will never forget, and one that will forever be inscribed in human history. On that day nearly 30 years ago, the Berlin Wall fell. The break-up of the Soviet bloc showed that communism was to become the second great ideological failure of the twentieth century, following the demise of fascism a few decades earlier. Liberal capitalism and its main exponent, the United States, reigned supreme, seemingly destined to enjoy a long, unchallenged hegemony.