On the left, things seem just as nuts. There is no theory of this spread and the resistance to it, except those promising ones of micro-loans. This leaves them with the specter of Lenin: communism has not died out there either. The idea of mobilization (Zizek) and the general idea that social-democracy is, as Jean-Luc Nancy put it, a “compromise” (“Is Everything Political?”) is flawed.

Regardless, one thing is clear from all this, Communism still remains a specter—one cannot simply, as we have been doing, forget about it. The key is to see that it does not return into our thinking as a big massive homogenous thing: we are realizing that our framework for dealing with these problems remains very locally determined by Communism and Marxism in general as a model. This is chiefly Frederic Jameson’s insight, and it is to his credit that he continually insists, against the pragmatists (and one needs to apply this critique to the Lacanians and to the Nancy-type radicals too), that this is actually the greatest unifying discourse of our time.