Why the free market fundamentalists think 2013 will be the best year ever

Why the free market fundamentalists think 2013 will be the best year ever

The Christmas issue of the Spectator ran an editorial entitled “Why 2012 was the best year ever”. It argued against the perception that we live in “a dangerous, cruel world where things are bad and getting worse”. Here is the opening paragraph: “It may not feel like it, but 2012 has been the greatest year in the history of the world. That sounds like an extravagant claim, but it is borne out by evidence. Never has there been less hunger, less disease or more prosperity. The west remains in the economic doldrums, but most developing countries are charging ahead, and people are being lifted out of poverty at the fastest rate ever recorded. The death toll inflicted by war and natural disasters is also mercifully low. We are living in a golden age.”

The same idea has been developed systematically in a number of bestsellers, from Matt Ridley’s Rational Optimist to Steven Pinker’s The Better Angels of Our Nature. There is also a more down-to-earth version that one often hears in the media, especially those of non-European countries: crisis, what crisis? Look at the so-called Bric countries of Brazil, Russia, India and China, or at Poland, South Korea, Singapore, Peru, even many sub-Saharan African states – they are all progressing. The losers are western Europe and, up to a point, the US, so we are not dealing with a global crisis, but simply with the shift of progress away from the west. Is a potent symbol of this shift not the fact that, recently, many people from Portugal, a country in deep crisis, are returning to Mozambique and Angola, ex-colonies of Portugal, but this time as economic immigrants, not as colonisers?

Even with regard to human rights: is the situation in China and Russia now not better than it was 50 years ago? Describing the ongoing crisis as a global phenomenon, the story goes, is a typical Eurocentrist view coming from leftists who usually pride themselves on their anti-Eurocentrism. Our “global crisis” is in fact a mere local blip in a larger story of overall progress.

But we should restrain our joy. The question to be raised is: if Europe alone is in gradual decay, what is replacing its hegemony?

[Extract. Appeared in The Guardian on February 17th 2013.]


Slavoj Žižek

Slavoj Žižek is a Slovenian philosopher and psychoanalyst, and a senior researcher at the Institute for Humanities, Birkbeck College, University of London. He has also been a visiting professor at more than 10 universities around the world. Žižek is the author of many books; his latest are Against the Double Blackmail and Disparities.

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