TCT heartily endorses his recent take, as reported in Harper’s, on an issue at the heart of the Occupy Wall Street movement:
Harper’s: You were critical of some of the slogans used by protesters in 2008 — “Save Main Street, Not Wall Street” for example. During Occupy Wall Street, people say, “Banks got bailed out, we got sold out.” Is there a better slogan to be had?
Zizek: The problem is that if you mobilize against the bad financial system you fall into a certain ideological trap, the fascist trap. This is the basic fascist idea: we have the truly productive strata — workers, industrial capitalists — and then we have the bad Jewish bankers who exploit them. The problem is not to fight Wall Street. The problem is, why does the system need Wall Street to function?…If Wall Street collapses, then Main Street collapses. That’s how the system works.
TCT would add that it’s also not very advisable to forget that, along with the financial sector, the supply-side bailouts included corporate capitalism’s beating heart — the automobile industry.