>This phenomenon is not new, I think it has to do with the dissolution of the USSR and with it, the ultimate defeat of the original ideals of the 'left'.

You hit the nail on the head. USSR's failure and realization that they only survived as long as they did because they stole everything from the G8 countries and had slave labour of gulags.

Add in China's 'special economic zones' which is basically China implementing capitalism in a safe way. This implementation of capitalism has enabled them to greatly boost their economy. Unfortunately causing hyper globalization.

Communism demise has lead to them been rebranded countless times now. Fundamentally the collapse of communism worldwide has created lots of frustration. Which is a feeling that's built in to the animal kingdom. The unfortunate reality of this frustration is that almost certainly will result in violence.