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                     CULTURE, SOCIETY AND ECONOMY

                     discarded by the ruthless march of American monopoly capital – especially
                     the export of millions of jobs overseas. Islamic fundamentalism arises in
                     societies which have a low level of capitalist development and which also
                     are subordinated by global finance capital. In the first case, Christian fun-
                     damentalism is part of a sharp turn to the right and provides a popular base
                     for the militias, for anti-black and anti-Semitic racism as well as for extreme
                     neo-conservatism. In the second case, Islamic fundamentalism is part of a vir-
                     ulently extremist plebeian third world nationalism. The social and political
                     significance of these two fundamentalisms is quite different.
                        What is more, by one-sidedly conceptualizing fundamentalism as
                     primarily one of a social psychological reaction against the erosion of
                     tradition, the problem is assimilated to that of yet another emotional
                     reaction, in the long list of non-rational reactions to modernity, as in the
                     second half of the nineteenth century in Western Europe. But by this
                     approach the basic reality of the world dominance of monopoly and
                     finance capital is obscured. The problem is not ‘modernity’ in general but
                     the very specific form of ‘modernity’ produced by monopoly capital. It is
                     the reality of grossly intensified global, regional and national inequalities
                     of economic and political power and of military might. The white worker
                     in upstate New York who finds himself thrown into unemployment by
                     the decline of manufacturing notices that this is occurring while spectac-
                     ular profits are being made by a few not so far away on Wall Street. He
                     may well be attracted to Christian fundamentalism and join a right-wing
                     militia as was the case of the Oklahoma bomber, Timothy McVeigh. What
                     is driving such a person to fury is by no means a simple rage at the inex-
                     orable march of modernity eroding the not-so-rustic New York wilderness.
                     What infuriates such a person is the injustice of it all and his complete
                     powerlessness before the bankers and the state which facilitates them.
                     This is the root of the fundamentalist response and not simply a general-
                     ized anti-modernity as such. The point is that the ‘erosion of tradition’ is
                     not proceeding under conditions of relative equality, democratic discus-
                     sion and consent. It is increasingly obvious to millions of people that this
                     is far from being the case. The reason why the response to globalization
                     and the erosion of tradition take a virulently fundamentalist form in
                     some and is likely to grow more so, is because globalization is proceeding
                     under such manifestly unjust and unequal conditions with such glaringly
                     harsh consequences for the vast majority of humankind, including tens
                     of millions in the United States itself.
                        The erosion of tradition is a real issue in its own right, although there
                     is also much evidence of a willingness of hundreds of millions to embrace
                     new ways of life when given the opportunity to do so. However, it is


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