
At the end of World War I, everyone thought it was the war to end all wars. Not so. Along came Hitler. At the end of World War II everyone thought hostilities would be over. Not so. Along came Stalin.
At the end of the Cold War everyone thought that the triumph of free-market capitalism and democracy meant the whole world would progress that way. Not so. Along came Putin and Trump.
Why didn’t free-market capitalism and democracy spread to the peoples of the world who were so obviously desirous of it? That is a good question to ask at the beginning of 2025 and at the beginning of the second Trump presidency.
Continue reading “Democracy, liberty and capitalism”






