Francis Fukuyama Quotes
Oligarchic societies may be able to achieve high rates of growth for a period of time, but continuing inequities in distribution lead to political instability and populism.
Francis Fukuyama, Political Scientist, “A Quiet Revolution”, Foreign Policy, November/December 2007
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By 2015, the income inequality had gotten so bad that even billionaires were expressing alarm.
Yoshihiro Francis Fukuyama is an American political scientist, political economist, and writer. Fukuyama is known for his book The End of History and the Last Man (1992), which argues that the worldwide spread of liberal democracies and free-market capitalism of the West and its lifestyle may signal the end point of humanity's sociocultural evolution and become the final form of human government. However, his subsequent book Trust: Social Virtues and Creation of Prosperity (1995) modified his earlier position to acknowledge that culture cannot be cleanly separated from economics. Fukuyama is also associated with the rise of the neoconservative movement, from which he has since distanced himself.