A Capitalism Pure and Simple (2004) PDF
The symbolic and historic importance of Eastern Europe for the left is beyond dispute. It was, after all, in Eastern Europe where the socialist experiment has been allegedly attempted. The fall of the East Bloc régimes in 1989 has meant for most people that there is nothing over the horizon of global capitalism. Although it is by no means certain that what failed was socialism, institutions, organizations, currents of the Western left collapsed, as if what they represented would have been identical with the dismal heap of ruins which was the empire of Stalin’s diadochoi. However inglorious, drab, scary and tedious that empire was, today’s inmates believe that it was far superior in all respects to the new dispensation. Socialists appear to be disavowed by the general belief that capitalism is all there is, and democrats seem to be told that, compared to this new liberal democracy, dictatorship was a picnic.