The Year of Accountability
All these are the things that conventionally matter, but the great issue of 2012 is likely to be not "Who?" but "What?" The feeling grows with every passing nervous tic of the capitalist financial system that it is not merely suffering a bout of recession from which it will duly recover, but, in its more mature economies, is irredeemably flawed.
Consider: the inability to deliver anything even resembling fairness; the unstoppable drift towards greater and greater inequality; a banking system into which money is endlessly poured to little avail; electorates unable to see that low taxes and high public spending do not compute; and, perhaps most significant of all, the lack of any theory, or set of policies, which address these issues.
Lenin asked: "What is to be done?" 2012 will ask: "What can be done?" And the answer, if it comes, may be more revolutionary than we imagine.