As people throughout Latin America react to the unsparing neoliberal policies that swept the region in the 1980s and 90s, Venezuela has become the hinge of a much broader leftward turn. This shift has impelled massive political transformations in Venezuela and Bolivia, stirred more moderate resonances in the Southern Cone, and in the cases of Paraguay and Honduras, aroused reactionary coups. As one of the few left political projects of its scale in the post-Soviet era, this Latin American marea rosada, or pink tide, is a material testing ground for the transition from capitalism to something else – leaving open for now the question of whether this something else is communism – and it demands substantive discussion on the Left.

At the end of the Qing dynasty and in the early twentieth century, a significant number of Chinese revolutionary activists and theorists believed that anarchism was China’s most promising revolutionary path, and that was in part because it corresponded most closely to the actuality of social existence. The vast majority of the population, after all, lived their lives with next to no relationship with the state, whose functionaries almost never reached the village level, and whose levies and regulations were for the most part administered by members of the local elite, with ties to their communities that were many and varied. 

Historical materialism’s critical economic prognoses on the natural course of the capitalist world order have been confirmed. The conditions for the economic breakdown and crisis of capital have been fulfilled; the historical tendency of capitalist accumulation has long since reached the degree of concentration and centralization that Marx and Engels designated as its naturally produced historical terminus.