 Neoliberalism, which dominated the decade before 9/11, had an exuberantly simple vision. Communism and authoritarianism had failed; therefore markets and free elections were the answer. Free-market democracy, conveniently spread by globalization, would transform the world into a community of productive, peace-loving nations. Instead, the ensuing years saw repeated economic crises outside the West, genocide in Rwanda and the former Yugoslavia, intensifying fundamentalism, virulent anti-Americanism and finally the attacks on the World Trade Center and the Pentagon. |
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