http://quadrant.org.au/magazine/2018/06/second-coming-karl-marx/
One thing young people are very unlikely to learn—not from our education system anyway—is that no simple concept can ever hope to explain all of human history, or even most of it. Denied this insight, the notion that history has been determined by class struggles is an easy sell.
Most readers of Quadrant would have expected the 200th anniversary of the birth of Karl Marx on May 5, 1818, to go largely unnoticed. Today, most would think Marxism a philosophy that died at the end of the Cold War and is now well and truly relegated to the dustbin of history. However, our mainstream press still found adherents who not only marked the anniversary but took an upbeat position. Professor John Buchanan of the School of Business at the University of Sydney declared: “Marx was one of the greatest thinkers of all time. His work Das Kapital is still referred to and used in discussions of the modern economy.” In his interview, the Sunday Telegraph observed:
As Western democracies confront such global capital Goliaths as Facebook and Google, the Australian banking royal commission and business pressure to reduce wages by cutting penalty rates and employing casual labour, Buchanan says Marx’s complaints of social inequality under capitalism are increasingly relevant. Marx’s key arguments were that society was the history of class struggles, between property or capital owners, and those without capital.
In London and New York the anniversary was even more newsworthy. Some major newspapers responded as though Marxism was enjoying an intellectual revival, on the verge of the secular equivalent of a Second Coming.
The New York Times headlined: “Happy Birthday, Karl Marx. You Were Right”, and endorsed Marx’s alleged “originality and profound importance as a philosopher”, claiming:
Today the legacy would appear to be alive and well. Since the turn of the millennium countless books have appeared, from scholarly works to popular biographies, broadly endorsing Marx’s reading of capitalism and its enduring relevance to our neoliberal age … Educated liberal opinion is today more or less unanimous in its agreement that Marx’s basic thesis—that capitalism is driven by a deeply divisive class struggle in which the ruling-class minority appropriates the surplus labor of the working-class majority as profit—is correct.
In London, the Independent also declared Marxism was on the brink of something big: “The world is finally ready for Marxism as capitalism reaches the tipping point.” It said Marx had predicted that the centralisation inherent in globalised, capitalist economies would give birth to a post-capitalist society. Socialist ideas, the Independent asserted, remain celebrated throughout the world, especially among younger generations:
Socialism does not carry historical baggage for a younger generation left behind by the iniquities of capitalism. A Harvard study found that a majority of millennials reject capitalism and a third are in favour of socialism. This is what might be called the revenge of Marx; the rehabilitation of one of the world’s historical philosophers.
The notion of a Marxist revival explains the otherwise difficult to comprehend electoral appeal to young people of those two aged white male socialists, Jeremy Corbyn and Bernie Sanders.