The virus infections now pushed 8 million globally. Haveoutbreaks in the u. S. Some states weighing whether to pause reopening. Shery lets get you started with a quick check of the markets. We are seeing u. S. Futures up 2 10 of 1 . It was a very volatile trading session. We had a boost after the fed pledged to follow through with the Corporate Bond purchase, but then again, we had concerns over a second wave of the pandemic. Not to mention the white house now ending an Unemployment Bonus Program on july 31. We have the s p 500 gained 8 10 of 1 . At one point, they lost as much as 2. 5 . It was a really volatile session. Financials and staples led to gains, after dropping last week by the most since march. Take a look at how the dollar is doing now. We have seen the dollar underperforming against all g10 peers and weakening to session lows after the Federal Reserve made the announcement. Right now, we are seeing more pressure on the bloomberg dollar index. The 10 year yield at 72 basis
This was written just before the collapse of the soviet union and thehe idea was there did sem to be this process of modernization. That was development. People want to live in modern societies the kind of modern society that we seem to be any at that with liberal democracy and marketbased capitalism that socialism. And assist with getting off this train of history one stop before the communist marxist said we would get off. Professor Francis Fukuyama you were talking there in 26 about 1992 book the end of history and the last man. Did what you said about liberal democracy, as a standup today . Guest yeah, actually that clip was remarkably coherent. Since 2006 i think we seen a lot of regression in the progress of democracy all over the world. Freedom house, that tracks global democracy has noted we had 17 consecutive years of decline in the aggregate amount of democracy. I think the world really looks different in many ways than it did back man. But the question i was trying to raise
Liberalism and its discontent. Humankind over the centuries has seen an evolution. We go from hunter gatherers to Agricultural Societies up through the industrial revolution. There is a process in which social institutions become more complex. They develop certain features. Marx said this process would culminate in a communist utopia. I think most progressive intellectuals for the 100 50 years after the communist manifesto believed the history would be communism. My argument was we did not seem to be going there. This was just before the collapse of the soviet union. The idea was there was this process of modernization. People wanted to live in modern societies but the kind of modern society was liberal democracy and marketbased capitalism, not socialism. We are getting off this train of history one stop before marx said we would get off. Professor Francis Fukuyama. You were talking in 2000 six about your 1992 book, the end of history and the last man. What you said, does it stand up t
Humankind over the centuries has seen an evolution. We go from hunter gatherers to Agricultural Societies to principalities up to the Industrial Revolution. And there is a process which social institutions become more complex. They develop certain features. Marx said this process would culminate in a utopia. I think most progressive intellectuals for the one or 50i years actually believed in the end of history but they thought ulit was communism. My argument was we did not seem to be going that this is before the collapse of the soviet union. The idea was there did seem to be a process of modernization there was people wanted to live in modern societies the kind of modern society we seem to be ending up that was liberal democracy and capitalism not socialism. In a sense we are getting off the strain of history one stop before the where the commonness of the marxist get off. Stuart professes btk you were talking in 2006 about you 1992 book the end of history and the last man. Do what yo
Funding cspan2 comes from these Television Companies and more including buckeye broadband. Buckeye broadband along with these Television Companies support cspan2 as a public service. Humankind over the centuries as seen in evolution, we go from hunter gatherers to Agricultural Society to various modern principles after the Industrial Revolution. Theres a process in which social institutions become more complex. They develop certain features. Marks that this process would culminate in a communist utopia and, in fact, most progressive intellectuals from the 150 years after the communist manifesto actually believed in the history communism. My argument was we didnt seem to be going there. Theres a bit before the collapse of the soviet union and the idea was that the getting to be this process of modernization, the most development. People want to live in modern societies but the kind of modern society that we seem to be in the art that was liberal democracy and marketbased capitalism is n