We live in a revolutionary moment. The disastrous economic and political experiment that attempted to organize human behavior around the dictates of the global marketplace has failed. The promised prosperity that was to have raised the living standards of workers through trickle-down economics has been exposed as a lie. A tiny global oligarchy has amassed obscene wealth, while the engine of unfettered corporate capitalism plunders resources, exploits cheap, unorganized labor and creates pliable, corrupt governments that abandon the common good to serve corporate profit. The relentless drive by the fossil fuel industry for profits is destroying the ecosystem, threatening the viability of the human species. And no mechanisms to institute genuine reform or halt the corporate assault are left within the structures of power, which have surrendered to corporate control. The citizen has become irrelevant. He or she can participate in heavily choreographed elections, but the demands of corporations and banks are paramount.
History has amply demonstrated that the seizure of power by a tiny cabal, whether a political party or a clique of oligarchs, leads to despotism. Governments that cater exclusively to a narrow interest group and redirect the machinery of state to furthering the interests of that group are no longer capable of responding rationally in times of crisis. Blindly serving their masters, they acquiesce to the looting of state treasuries to bail out corrupt financial houses and banks while ignoring chronic unemployment and underemployment, along with stagnant or declining wages, crippling debt peonage, a collapsing infrastructure, and the millions left destitute and often homeless by deceptive mortgages and foreclosures.
A bankrupt liberal class, holding up values it does nothing to defend, discredits itself as well as the purported liberal values of a civil democracy as it is swept aside, along with those values. In this moment, a political, economic or natural disaster—in short a crisis—will ignite unrest, lead to instability and see the state carry out draconian forms of repression to maintain “order.” This is what lies ahead.
We will, as Friedrich Engels wrote, make a transition to either socialism or barbarism.