Tomorrow, I am attending a conference that deals with the
decline of Western “liberalism capitalism” and how it should be arrested. In
the past year, I have been submerged with articles and books that discuss the
same topic. They come from all parts of social sciences: economics, politics,
sociology, anthropology, geopolitics…It seems that you cannot write anything
meaningful today unless you first address “populism” and the crisis of “liberal
democracy”.
Throughout all of this I have had a strong feeling of “unreality”.
Not only because the people who write about
the crisis live the lives that are, by far, the best lives in the history of
humankind, but that the talk of the crisis seems vastly exaggerated. And I was wondering
where does this extravagant fear, “the end is nigh”, come from. The cause I
think, is twofold: lack of knowledge of history and more importantly the Fukuyama-like
narrative of post 1989 triumphalism.
The post-1989 narrative that was, often for self-serving reasons,
promulgated in both the academic and popular circles in the West (and in the former
Eastern bloc for obvious reasons) saw the period after the end of World War II
as a victory of liberal capitalist democracy that was not allowed to take place
in some parts of the world because of the imposition of Soviet “glacis”. Once
the Soviet pressure relaxed all these countries, and of course all the others (according
to the triumphalist narrative) from Iraq to China, saw, or will soon see, the advantages
of liberal capitalism and adopt the system. It was a very simple and seductive narrative.
While Fukuyama’s original essay was based on important, Hegelian historical and
ideological precedents, it gradually got watered-down into a simplified Hollywoodesque story of a battle of good and evil—where
it was even incomprehensible how the “evil” (except for its intrinsic “evilness”)
was able to put up such a good fight for decades.
In reality, as even amateurish students of European history know,
that narrative is deeply flawed. Europe, as it emerged after the World War II
with fascism defeated in Germany and Italy, but its many tentacles present all
over Europe, was internally deeply divided between the democratic and Communist
factions. The former eventually prevailed but after having to keep in check,
and often by very brutal and undemocratic means, one-quarter of the electorate
in France and Italy, large organized trade unions linked with communist and socialist
parties in most of Continental Europe, all the while supporting capitalist dictatorial
regimes in most of the Mediterranean Europe and in places as far away as Chile,
Guatemala, Taiwan and South Korea. And not to mention fighting innumerable colonialist
and post-colonialist wars where the “liberal democracies” invariably and not accidentally supported
the “bad” guys : from Mobutu in Congo to Holden Roberto in Angola.
“Liberal democracy” was in a continual crisis, fighting for
its mere survival, buffeted domestically by strikes, wage demands, RAF and Brigate
Rosse, and internationally by the challenges of the Third World emancipation and
Soviet influence. It fought off all challengers and survived, not because
everybody, as the triumphalist narrative would have it, saw that it was a more “natural”
system but because it used power and intimidation on the one hand, and superior
economic performance for the masses on
the other. In 1945, the chances of democratic capitalism winning over the Soviet
system were 10% (read Schumpeter), in 1965, they were 30% (read Samuelson,
Galbraith and Tinbergen), in 1975, they
were 60%, by 1985, they were 90%, and in 1989, it won. So at the end, the
system that, up to the mid-1970s, did not even dare mention its name (“capitalism”),
because it was used only by the left and only as a term of opprobrium, could openly
declare what it was and hyphenate it, dubiously, with the adjective of “liberal”.
When you have in your mind this (I think) much more accurate
narrative of the past half-century, the current crisis can only be seen as one
of the many crises of capitalism. Like a swimmer that at times goes down under
water when the winds are high and then reemerges
when the winds die down, liberal capitalism is now going through one of its periodic
episodes of withdrawal and weakness. There is no guarantee that it will emerge victorious
from this one—it did not in 1917, nor in 1922, nor in 1933—but it allows us to
think of the problem much more clearly than if we view the world through the misleading
lenses of a continuous and conflictless march toward the chiliastic reign of democracy
and “liberalism”.
This is where unfortunately the vulgarizers of Fukuyama
terribly misled the young Western generation. Having had no direct experience
of attractiveness and importance of nationalism, Fascism, populism, or Communism
(the Orwell of “Homage to Catalonia” is never mentioned but the Orwell of the “Animal
Farm” is known by all) they imagined that no rational human being could ever entertain
such views. The imagined that such
beliefs had to be imposed from without—by the use of extravagant force. So, they
believed (in part because it also economically suited them as many of them came
of age in the last decade of the 20th century), that the foreordained
teleological march toward the system about which their parents and grandparents
entertained serious doubts, could no longer be forestalled. When the march
deviated from the planned course, they panicked. But they should not. They
should look back at history: historia magistra vitae est.
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