By this stage, there can be no doubt, even to the dyed-in-the-wool
capitalist proponents: the chickens are coming to roost! The mountain
of debt, based on fictitious money, that is capitalism’s “lifeblood,”
is now falling as an avalanche that threatens to sweep the Old Order
to oblivion. Pundits talk of a “bloodbath,” “greed” and “misbehaviour”
by the financial elite. This is all bollocks. The capital enterprises
went there, because there was profit to be made, as analysed by Marx
and Engels more than 150 years ago. Attempts are also made to shift
the blame on the victim, in accordance with the “individual
responsibility” principle, so beloved of the neo-cons. Now, the whole
elaborate ideological superstructure is being revealed as a house of
cards, the corpse of capitalism is on life support, ready to be taken
out feet first. But then, where are the gravediggers? At this time,
this situation recalls the darkest days of 1915, a time of utter
confusion and disorientation of the working class; but at least there
was a Bolshevik Party to drive a progressive political perspective and
clarity. Today, despite worldwide discontent, the pauperisation and
the rising consciousness of the masses of the working people, there is
no attempt to organise a mass movement that would challenge
capitalism. A mood of hopelessness and helplessness takes over,
leading to a widely held view that “there is no alternative” to the
capitalist mode of production. The result is widespread cynicism and
alienation of the population towards political parties, the state and
its institutions, and big business.

There are continuing signs of a deep social malaise and alienation, as
witnessed in a comparative “backwater” of Finland just recently. As
Rosa Luxemburg remarked about 90 years ago, mankind stands before a
stark choice: “either socialism or barbarism”; and, of course, the
corollary is also true: without socialism, there will be barbarism.
This is why the role of WSWS and SEP is so crucial, and even more so
in these uncertain and potentially revolutionary times of ferment and
rising working class consciousness. The challenge is to begin to form
a mass socialist revolutionary movement from what still remains, a
largely marginal propagandist activity. Of crucial importance is a
membership drive to widen support amongst the working class, with all
the benefits of a mass movement, such as political weight and
effectiveness.
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