Some twenty five year later, the world is once again rife with “contradictions” (the elimination of which is key to understanding Fukuyama’s end-of-history Hegelian thinking). These contradictions are most evident in the ever intensifying migration debates in Europe and the US, renewed trade wars, geopolitical rivalries and religious conflicts.

On February 25th, ISET hosted Riikka Savolainen, Ph.D. from the Aalto University, Finland. Dr. Savolainen holds a master’s degree from the Helsinki School of Economics. Her research interests include applied microeconometrics and political economy and, more specifically, intra-party heterogeneity and candidate strategies. Her general interests include history and political philosophy.

In 1122, King David IV. reconquered Tbilisi from the Muslims. In those times, a bloodbath among the former oppressors would have been the logical consequence of such a victory. Leaders of the High Middle Ages took merciless revenge against their enemies once they had defeated them. Yet David did not! On the contrary, he did not only let the former rulers live, but David was even anxious that the Muslim population might leave Tbilisi after the fall of the city.

No. In this two-part article, I will argue that there are challenges to capitalism on the horizon that are virtually unsurmountable. There are good reasons to believe that in 30 years from now we will not see global dominance of market systems anymore.

Winemaking is one of the oldest Georgian traditions that have survived to this day. Archaeologists have proved that the history of Georgian wine production reaches back into the past at least 8000 years. Arguably, this makes Georgia the earliest place on earth where wine was produced. And the tradition is alive – today there are not just big wine firms, but it is common among ordinary Georgians to grow grapes and produce their own, homemade wine.