Crises marketed as milestones to the Left historically benefit capital and the Right

Evidence

In spite of this there are still some who welcome the crisis, arguing that “worse means better.” The “sharpening of contradictions,” comrades, together with the rising tempo of the class struggle, will eventually guarantee the victory of progressive forces everywhere. Those who hold such a position may enjoy untroubled nights; but they have short political memories. They forget how frequently in recent history the “sharpening of contradictions” has led to settlements and solutions which favored capital and the extreme Right rather than the reverse. — Hall, Stuart, Essential Essays, Volume 1, 1092

Categorization

• XREF: connects to: The 2008 crisis paradoxically strengthened right-wing and austerity politics worldwide — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 9