There should no longer be any doubt: global capitalism is fast approaching its terminal crisis. Slavoj Žižek has identified the four horsemen of this coming apocalypse: the worldwide ecological crisis; imbalances within the economic system; the biogenetic revolution; and exploding social divisions and ruptures. But, he asks, if the end of capitalism seems to many like the end of the world, how is it possible for Western society to face up to the end times?
In a major new analysis of our global situation, Žižek argues that our collective responses to economic Armageddon correspond to the stages of grief: ideological denial, explosions of anger and attempts at bargaining, followed by depression and withdrawal.
For this edition, Žižek has written a long afterword that leaves almost no subject untouched, from WikiLeaks to the nature of the Chinese Communist Party.
In this article (originally published in Issue 1 of Salvage Quarterly - available here), Daniel Hartley argues that the concept of the Anthropocene, which has become so common in contemporary discussions of climate change, elides the fissures within society. It is not human (Anthropos) but Capital which is at the root of our current crisis.