http://home.earthlink.net/~lrgoldner/pausereply.htm
...What is necessary today, as the indispensable active moment is a fake left movement ready to play the role played in the 1930s by the Popular Fronts, Keynesianism and the New Deal/CIO in the U.S. As the neo-liberal free-market ideology and practice of the past 25 years lurches from one crisis to the next (we can cite from memory, and incompletely, the Mexico and Brazil crises of 1982, the U.S. savings and loan meltdown of 1989-1991; the Mexican tequila crisis of 1994, the Asian crisis of 1997-1998, the Russian default and Long Term Capital Management crisis of 1998, the Brazil crisis of 1999, the U.S. stock market collapse of 2000, the Argentine default of 2001) we see a growing array of theoreticians and movements positioning themselves to take over: Jeffrey Sachs, George Soros, Paul Krugman, Joseph Stieglitz, the other newly-revived Keynesians, and above all the anti-globalization movement and its Porto Alegre icon. Space and concision make it impossible to lay out the possible ways in which this movement could oversee a new world accumulation process, just as it was impossible to foresee how Keynesianism would ultimately triumph in 1929.
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