First -we should restrain our anti-colonialist joy here- the question to be...

First -we should restrain our anti-colonialist joy here- the question to be raised is: if Europe is in gradual decay, what is replacing its hegemony? The answer is: 'capitalism with Asian values' {which, of course, has nothing to do with Asian people and everything to do with the clear and present tendency of contemporary capitalism as such to suspend democracy}. From Marx on, the truly radical Left was never simply 'progressist'. It was always obsessed by the question: what is the price of progress? Marx was fascinated by capitalism, by the unheard-of productivity it unleashed; it was just that he insisted that this very success engenders antagonisms. And we should do the same with the progress of global capitalism today: keep in view its dark underside, which is fomenting revolts.
What all this implies is that today's conservatives are not really conservative. While fully endorsing capitalism's continuous self-revolutionizing, they just want to make it more efficient by supplementing it with some traditional institutions {religion, for instance} to constrain its destructive consequences for social life and to maintain social cohesion. Today, a true conservative is the one who fully admits the antagonisms and deadlocks of global capitalisms, the one who rejects simple progressivism, and who is attentive to the dark obverse of progress. In this sense, only a radical Leftist can be today a true conservative.