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.”
On April 8, 2017, for the closing plenary of its 9th Annual International Convention, the Platypus Affiliated Society organized a panel discussion, 1917–2017, at the School of the Art Institute in Chicago. Tasked with reflecting on the historical significance of 1917 for the Left, the panel brought together Bryan Palmer, Chair of the Canadian Studies Department at Trent University and author of numerous histories of the Left; Leo Panitch, Professor of Political Science at York University, author, and co-editor of the Socialist Register; and Chris Cutrone, President of the Platypus Affiliated Society. Pamela Nogales, of Platypus, moderated. What follows is an edited transcript of their discussion.
On April 7, 2017 the Platypus Affiliated Society hosted a discussion at its Ninth Annual International Convention in Chicago on the subject of “Marxism in the Age of Trump.” The event’s speakers were Chris Cutrone, President of the Platypus Affiliated Society and teacher of Critical Theory at the School of the Art Institute of Chicago; Catherine Liu, Professor of Film and Media Studies at the University of California, Irvine and author of The American Idyll: Academic Anti-Elitism as Cultural Critique; and Greg Lucero, a founding member of the Revolutionary Students' Union and a member of the Chicago chapter of the Socialist Party USA.