From the tragedy of 9/11 to the farce of the financial meltdown In this bravura analysis of the current global crisis following on from his bestselling Welcome to the Desert of the Real, Slavoj Zizek argues that the liberal idea of the ?end of history,? declared by Francis Fukuyama during the 1990s, has had to die twice. After the collapse of the liberal-democratic political utopia, on the morning of 9/11, came the collapse of the economic utopia of global market capitalism at the end of 2008. Marx argued that history repeats itself ?occuring first as tragedy, the second time as farce? and Zizek, following Herbert Marcuse, notes here that the repetition as farce can be even more terrifying than the original tragedy. The financial meltdown signals that the fantasy of globalization is over and as millions are put out of work it has become impossible to ignore the irrationality of global...
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