"It is unlikely that the financial meltdown of 2008 will function as a blessing in disguise, the awakening from a dream, the sobering reminder that we live in the reality of global capitalism. It all depends on how it will be symbolised, on what ideological interpretation or story will impose itself and determine the general perception of the crisis. When the normal run of things is traumatically interrupted, the field is open for a ‘discursive’ ideological competition. In Germany in the late 1920s, Hitler won the competition to determine which narrative would explain the reasons for the crisis of the Weimar Republic and the way out of it; in France in 1940 Maréchal Pétain’s narrative won in the contest to find the reasons for the French defeat. Consequently, to put it in old-fashioned Marxist terms, the main task of the ruling ideology in the present crisis is to impose a narrative that will not put the blame for the meltdown on the global capitalist system as such, but on its deviations – lax regulation, the corruption of big financial institutions etc."
Slavoj Žižek - Use Your Illusions
