BOOK REVIEW - Francis Fukuyama "Liberalism and Its Discontents" (2022) By Nataliia Bovkun Liberalism and Its Discontents is the latest book by Francis Fukuyama, the most celebrated liberal thinker of our time. The author applies his rigorous analytical approach to the challenges faced by liberal democracies today and offers a nuanced and insightful analysis of the sources of discontent and potential solutions to these problems. He puts forward a convincing and laconic argument regarding the unchanged relevance of liberal democracy despite the criticism he has been facing in recent years. Although liberalism has not experienced the same level of collapse of confidence that communism did in the late 20th century, it has nonetheless faced significant challenges. Fukuyama’s book examines a range of obstacles to liberalism, such as the growth of populism, nationalism, and authoritarianism, in addition to the implications of economic and technological developments for liberal societies. The book offers a critical assessment of the current state of liberal democracies and proposes strategies for addressing the discontents that threaten their stability and legitimacy.