By Lisbeth Latham
June 11, 2020 — Links International Journal of Socialist Renewal reposted from Irish Broad Left — Triumphalist comments about the end of capitalism or neoliberalism abounded in the aftermath of the global financial crisis in 2008, just as there are many people today who believe that the current crisis is the end of neoliberalism or capitalism.
Unfortunately, neoliberalism and – more importantly – the capitalist system will not just end of their own accord. Both, while prone to crisis, are extremely resilient, and are adept at turning their own crises into a rationale for deepening rather than reversing their dynamic.
It is not inevitable that the current crisis will see a strengthening of capitalism and its dominant ideological frame – they can both be defeated, but their defeat will not just happen. It will be the result of conscious resistance, not happenstance or luck.