“The hundredth anniversary of the Soviet Revolution will likely coincide with a global collapse. The oft-announced recovery is not coming, and a rightist wave with racist undertones is mounting.
The collapse of capitalism will be interminable and enormously destructive, as long as a new subjectivity does not emerge and a different social model does not develop. The subjectivity that in the nineteenth century was expressed by the workers’ movement appears today so disintegrated that we cannot imagine any possible recomposition in the near future.
The anti-financial uprisings of 2011 have not succeeded in reversing the route of financial plunder, and the European leftist parties have accepted austerity politics, even if this betrayal is likely to provoke their final defeat.
The dynamics that led to the ascent of the Nazis and then to the Second World War are back. Contemporary nationalist parties are echoing what Hitler said to the impoverished workers of Germany: you are not defeated and exploited workers, but national warriors, and you will win. They did not win, but they destroyed Europe. They will not win this time either, but they are poised to destroy the world.”
rest @ http://www.e-flux.com/journal/78/82058/the-coming-17/
see also http://www.wbur.org/worldofideas/2016/11/06/bifo