Slavoj Žižek - The Spectre Is Still Roaming Around!

The first, automatic reaction of today's enlightened liberal reader to The Communist Manifesto is: isn't the text simply wrong on so many empirical accounts, with regard to the picture it gives of the social situation, as well as with regard to the revolutionary perspective it sustains and propagates? Was there ever a political manifesto that was more clearly falsified by subsequent historical reality? Isn't The Communist Manifesto, at best, an exaggerated extrapolation of certain tendencies discernible in the 19th century?