Presented at the Left Forum 2018 on the panel “Has ‘the Left’ Accommodated Trump (and Putin)? A Debate,” with Ravi Bali, Brendan Cooney, Anne Jaclard, Daphne Lawless and Bill Weinberg, organized by the Marxist-Humanist Initiative at John Jay College in NYC on June 2, 2018.
Recently, I came across a 1938 article by the “Left communist” Paul Mattick, Sr., titled “Karl Kautsky: From Marx to Hitler.” In it, Mattick asserted that the reformist social democracy that Kautsky ended up embracing was the harbinger of fascism — of Nazism. There is a certain affinity to Friedrich Hayek’s book on The Road to Serfdom (1944), in which a similar argument is made about the affinity of socialism and fascism. If Marxism (e.g. Kautsky) led to Hitler, as Hayek and Mattick aver, then this is because the counterrevolution was in the revolutionary tradition.
THE FUTURE OF SOCIALISM is the future of capitalism—the future of capitalism is the future of socialism. Socialism is an illness of capitalism. Socialism is the prognosis of capitalism. In this respect, it is a certain diagnosis of capitalism. It is a symptom of capitalism. It is capitalism’s pathology. It recurs, returning and repeating. So long as there is capitalism there will be demands for socialism. But capitalism has changed throughout its history, and thus become conditioned by the demands for socialism.
The Millennial Left has been subject to the triple knock-out of Obama, Sanders, and Trump. Whatever expectations it once fostered were dashed over the course of a decade of stunning reversals. In the aftermath of George W. Bush and the War on Terror; of the financial crisis and economic downturn; of Obama’s election; of the Citizens United decision and the Republican sweep of Congress; of Occupy Wall Street and Obama’s reelection; and of Black Lives Matter emerging from disappointment with a black President, the 2016 election was set to deliver the coup de grâce to the Millennials’ “Leftism.”