26 years ago, after the fall of the Soviet Union, the defenders of capitalism were euphoric. They spoke of the death of socialism and communism. Liberalism had triumphed and therefore history had reached its final expression in the form of capitalism. That was the moment when Yoshihiro Francis Fukuyama uttered his famous (or notorious) prediction that history had ended. What he meant by this was as follows: now that socialism (in the form of the Soviet Union) had failed, the only possible socio-economic system was capitalism, or as he and others preferred to describe it: “the free market economy”.