Abstract

Abstract Is it possible that the Left has been wrong about capitalist development and revolutionary change? Is is possible that 20th-century capitalism is not “moribund;” that the Russian Revolution did not usher in an “era of wars and revolutions,” as predicted by Lenin; that capitalism does not unfold according to an “immanent” dialectic in which lie the “seeds” of its own destruction? Could it be that we are in a ceaseless “ascending phase” of capitalism? We grasp at straws — Hungary in 1956, Paris in 1968, Czechoslovakia in 1969, Poland in the early 1980s — for evidence of a revolutionary proletariat without seeing the tragic marginality of these events.

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