China’s Valley of Tears

China’s Valley of Tears

Slavoj Zizek writing for In These Times:

Last year, the Chinese government strengthened some of its oppressive apparatuses—including forming special units of riot police to crush popular unrest. These police are the actual social expression of what, in ideology, appears as a revival of Marxism. In 1905, Trotsky characterized tsarist Russia as “the vicious combination of the Asian knout [whip] and the European stock market.” Doesn’t this characterization still hold for modern-day China?

But what if the promised democratic second act that follows the authoritarian valley of tears never arrives? That is what is so unsettling about today’s China: Its authoritarian capitalism may not be merely a remainder of our past but a portent of our future.