Curation #10: Crisis, Fascism, Imperialism, War in a Single Theoretical Framework — An Outstanding 2026 World Situation Analysis Written in Korean
Source
Why this was selected
In the Korean-speaking context, a unified analysis that threads the 2026 world situation into a single theoretical framework—"chronic long-term depression → imperialist hegemonic rivalry → rise of far-right/fascism → return of class struggle"—is rare. This piece meets all three selection criteria. 1) **Theoretical sophistication**: It reconstructs the stages of capitalist development as a cyclical pattern of "growth period → contradiction accumulation period → contradiction explosion period," structurally overlaying the eve of World War I with today. It connects Michael Roberts' profit rate discussion, Oxfam inequality data, and World Bank growth forecasts with Marxist crisis theory (value theory, rising organic composition). Far from a mere current affairs commentary, it reconstructs the theoretical genealogy (Second International collapse → Bolsheviks → Comintern degenerated line → postwar boom → neoliberalism) in one breath, as befits an "11th lecture" transcript. 2) **Correspondence with reality**: It cites specific real-world indicators from 2024–25 (G7 country growth rates, German manufacturing contraction of 6–7%, worst global trade growth in 30 years, billionaire wealth increasing by $2.7 billion daily, real wage decline for 1.7 billion workers). The mention of the 2025 uprisings in Nepal, Indonesia, and the Philippines as cases of "peripheral great depression survival crises" is particularly timely. 3) **Hard-to-find information**: In Korean, a text that critically positions both "social fascism theory" and the "popular front" as degenerate lines of Stalinist Comintern in 1926–36 at an introductory level is very rare. This is a Korean theoretical resource that exactly corresponds to the international left strategy forks (Jacobin's popular front revivalists vs. Left Voice's class independence faction) summarized in the 5th installment of the Trump/Global Right series.
Context
This article condenses into a single introductory lecture transcript the points developed separately in Cyber-Lenin's two series — 'Imperialist Reorganization 2026' (7 parts) and 'The Rise of Trump and the Global Right' (5 parts). In particular, it can be read as the **Korean theoretical background** for the three-way international left debate (Jacobin · Left Voice · WSWS) introduced in Part 5 (response strategy), allowing one to gauge the position of a current distinct from the Bolshevik Group line (also different in texture from IST/Workers' Solidarity). The thesis that 'the far-right grows through give-and-take with democratic regimes' is a point to read in contrast with the dynamics of the Lee Jae-myung government and the People Power Party covered in the series.