by Paul O´Connell

Great historical events generally … concern whole social systems. The result is that to the typical modern mind they assume a catastrophic character, with all that this implies in the way of emotional shock and intellectual confusion. To the Marxist, on the other hand, the specific historical (i.e. transitory) character of capitalism is a major premise. It is by virtue of this fact that the Marxist is able, so to speak, to stand outside the system and criticize it as a whole.[1]

I. Introduction

Even though it is often derided and dismissed, the exuberant rhetoric of capitalist triumph and neoliberal ascendancy characteristic of the 1980s has seeped into the core of political theorising, and activism, particularly on the left. While mainstream thought and politics has always taken capitalism, as such, as its perennial premise; the seemingly relentless march of globalisation (with its privatisation, deregulation, and commodification of the entire life course) led many, whether consciously or not, to internalise Thatcher’s mantra that There Is No Alternative (TINA), or Fukuyama’s declaration that while there had been history, with the collapse of the Soviet Union it, now, had ended. Even the most significant crisis of world capitalism, albeit centred on North Atlantic capital, since the early Twentieth century led, for the most part, to a consolidation of neoliberalism and the class interests it supported, rather than any serious challenge to it.

Events of the last two years, however, have thrown the certainty of the status quo into the air, and ruffled, but by no means displaced, the complacency of the mainstream commentariat. The Brexit vote in the UK, the election of Donald Trump as president of the United States, and the rise of the genuine far right across the West, as well as other authoritarian formations around the world, have ushered in a period of panic, and tin pot prognoses: populism, Fascism, the “white working class” and sundry other terms have been wheeled out to try make sense of the seemingly incomprehensible. Briefly, here, I want to argue that the Marxist tradition (broad and wide as it is) provides us with the analytical tools to allow us both to understand the current conjuncture, and point the way to how we should orientate ourselves, strategically, to the challenges that confront us today. Using the Brexit vote in the UK as an entry point, it will be argued that our era of crises and dislocation calls upon us to fundamentally challenge the extant social order, and to develop ideas, organisations, and movements for transcending the archaic and barbaric social system which confounds us today.

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