The Great Debate UK

Nov 30, 2009 11:22 EST

Slavoj Zizek on resurrecting the Left

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Soon after the global financial crisis erupted in 2008, treatise “Das Kapital” saw a resurgence in popularity throughout eastern Germany.

The 1867 critical analysis of capitalism by Karl Marx became a bestseller for academic publisher Karl-Dietz-Verlag, as a rejection of capitalism set in following intense financial turmoil.

More than a year later, questions over the validity of the capitalist economic system remain in focus amid ongoing concerns about the cost to society of bank bailouts, high unemployment and stimulus measures.

If anything, the financial crisis has made capitalism more lean and mean, author and philosopher Slavoj Zizek told Reuters ahead of a talk at the London School of Economics.

“Capitalism as we knew it cannot survive — it’s the time for mobilization.”

Zizek, International Director of the Birkbeck Institute for the Humanities in the University of London, posits in his new book “First as Tragedy, Then as Farce” that “critical leftists have hitherto only succeeded in soiling those in power, whereas the real point is to castrate them . . .”

Zizek suggests that those in power should be undermined via “patient ideologico-critical work” rather than direct confrontation.

COMMENT

Resources are no longer plentiful. The bankers have destroyed all the inflated wealth. In the meantime the planet is in peril and the free market system and the politically run economies are incapable of sustaining mitigating action. I think there is a little more at stake here than preserving an economic system of privilege.Before civilization mankind fought each other over the control of potable water and viable farmland, not oil or gold. As we ponder the fate of capitalism and our personal finances we remain oblivious to our descent into that same condition. As with global climate change we must act quickly and decisively. Or it will be to late.

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