African Journal of
Political Science and International Relations

  • Abbreviation: Afr. J. Pol. Sci. Int. Relat.
  • Language: English
  • ISSN: 1996-0832
  • DOI: 10.5897/AJPSIR
  • Start Year: 2007
  • Published Articles: 382

Article in Press

From the End of History to the End of Neo-liberalism: From Fukuyama to Fukuyama

Sibuh Gebeyaw Tareke

  •  Received: 27 August 2020
  •  Accepted: 02 October 2020
The emergence of neo-liberalism as a hegemonic ideological doctrine was following both the awkwardness of social democracy and the demise of communism, during the 1970s and 1990s. The main objective of neo-liberalism was to achieve socioeconomic development and political stability, using its unique instruments of liberalization, deregulation and privatization policies. To achieve these objectives ideological indoctrination was the entire agenda of neoliberalism. Next those who baptized by this ideology, orchestrated neoliberalism as an alpha and omega and endless, holy water to cure all human beings from socioeconomic and political disaster. Unfortunately, it became a cause of catastrophe instead of panacea since its advent time. During, 1990-2000, neoliberalism had recorded its first socioeconomic and political crises. Following this crisis, it failed and other alternatives have emerged. Then after 2010 western’s climax crises, neo-liberalism shifts to the new dogma of neo-populism. In doing so, this paper explores the concept and ideological hegemony of neoliberalism. Next, examined the ideological paradox and its crises. Then demonstrates how it becomes an end and new beginnings. It also determines how neo-populism became as a reaction of neoliberalism. Finally, it summarizes the conclusion and highlights a recommendation for the future ideological path.

Keywords: Neoliberalism; Neopopulism; World-Crises; End-of-history; New-Alternatives; Fukuyama