THE END OF THE END OF HISTORY
Today’s global liberal democratic order faces two challenges. The first is radical Islam — and it is the lesser of the two challenges. …
The second, and more significant, challenge emanates from the rise of nondemocratic great powers: the West’s old Cold War rivals China and Russia, now operating under authoritarian capitalist, rather than communist, regimes. Authoritarian capitalist great powers played a leading role in the international system up until 1945. They have been absent since then. But today, they seem poised for a comeback.
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