I'd like to echo this sentiment, as well as @TreadOnMe and @furryanarchy. During the time @garbage is discussing, Capitalism still seemed to be on the rise. We laugh at how fucking absurd the quote is now, but Fukayama's "end of history" line was not seen as absurd at the time. People really thought that communism/socialism was demonstrably unworkable, that China would inevitably liberalize, and that capitalism would lift the world out of poverty and solve all our problems. That's clearly not the hegemonic thought anymore, and history has proven those predictions false. We're in very different material conditions than we were when Thompson wrote that. Gotta focus on the material analysis rather than only look at the arguments as the words themselves.