1873–1973: The century of Marxism
The death of Marxism and the emergence of neo-liberalism and neo-anarchism
Chris Cutrone
Platypus Review 47 | June 2012
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If, according to Jim Creegan, in his article on #Occupy, “Hot autumn in New York,”[2] the events of 2011 were similar to but different in certain key respects from those of 1968 and 1999, this is due to 1968, as a crisis year of the New Left, and 1999, the year of the Battle of Seattle, taking place during periods of economic boom, whereas 2011 took place during the economic crisis that began in 2007–08. However, in terms of similarities and differences, what this comparison neglects is the crisis of 1973, the crisis of Keynesianism and Fordism that occurred in the aftermath of the New Left explosion of 1968. One can say, perhaps, that 1968 took place during an economic boom, but the 1970s phase of the New Left took place during a period of economic crisis, after 1973. Why Creegan, among others, may choose to forget this is that it raises the question of Marxism in the 1970s, the last time that there was a potential renascence of the Left during an economic crisis on the order of magnitude we’re facing today. The 1970s were a period whose failure conditions any attempts at Marxism in the present.
The last apparent renascence of Marxism, in the 1970s “Marxist-Leninist” turn of the New Left, may indeed be considered, rather, Marxism’s long-delayed death. In other words, Marxism didn’t come back to life in the ’70s so much as it finally died then. This is quite different from considering the collapse of the Soviet Bloc beginning in 1989 to be the crisis and death of Marxism. For it was in the 1970s that the crisis of Keynesian Fordism led to the neoliberal era, symbolized by the election of Thatcher and Reagan by the end of the decade. Neoliberalism has this crucial history in the 1970s, two decades before the 1990s, despite the preponderant consciousness today of later anti-globalization protests.
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