Two Possible Paths in 2012

From the headline on, the London Daily Mail breathes deep the Spenglerian doom. “The spectre of 1932: How a loss of faith in politicians and democracy could make 2012 the most frightening year in living memory:”

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Above all, though, the eyes of the world back in 1932 were fixed on Germany. As the Weimar Republic staggered towards oblivion, an obscure Austrian painter was setting his sights on supreme power.

With rising unemployment eating away at the bonds of democratic civility, the National Socialist Party was within touching distance of government.

And in the last days of 1932, after the technocrats and generals had failed to restore order, President Paul von Hindenburg began to contemplate the unthinkable — the prospect of Adolf Hitler as Chancellor of Germany.

We all know what happened next. Indeed, by the end of 1932 the world was about to slide towards a new dark age, an age of barbarism and bloodshed on a scale that history had never known.

Eighty years on, it would be easy to sit back and reassure ourselves that the worst could never happen again. But that, of course, was what people told each other in 1932, too.

The lesson of history is that tough times often reward the desperate and dangerous, from angry demagogues to anarchists and nationalists, from seething mobs to expansionist empires.

Our world is poised on the edge of perhaps the most important 12 months for more than half a century. If our leaders provide the right leadership, then we may, perhaps, muddle through towards slow growth and gradual recovery.

But if the European elite continue to inflict needless hardship on their people; if the markets continue to erode faith in the euro; and if Western politicians waste their time in petty bickering, then we could easily slip further towards discontent and disaster.

The experience of 1932 provides a desperately valuable lesson. As a result of the decisions taken in those 12 short months, millions of people later lost their lives.

Today, on the brink of a new year that could well prove the most frightening in living memory, we can only pray that our history takes a very different path.

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Meanwhile, back in the States, George Will is, perhaps surprisingly, much more optimistic:

Although they have become prone to apocalyptic forebodings about the fragility of the nation’s institutions and traditions under the current president, conservatives should stride confidently into 2012. This is not because they are certain, or even likely, to defeat President Obama this year. Rather, it is because, if they emancipate themselves from their unconservative fixation on the presidency, they will see events unfolding in their favor. And when Congress is controlled by one party, as it might be a year from now, it can stymie an overreaching executive.

As the headline of his piece suggests, Will believes we’ll be “Ringing in a conservative year,” adding that “In any case, nothing that happens this November will bring an apocalypse. America had 43 presidencies before the current one and will have many more than that after the end of this one in 2013 or 2017. Decades hence, it will look like most others, a pebble in the river of U.S. history.”

I wish I was as sanguine about America’s near-term future. As 2012 looms ever closer, overall, how do you think the coming year will turn out?

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