"History repeats itself: First as tragedy, then as farce."
There are good methodological reasons for a Marxist to believe just this. But that doesn't mean it isn't true. For instance, compare criminal proceedings against 2 U.S. presidents in recent years: Nixon and Clinton. Or "UN" military intervention in Korea and Vietnam, vs. Iraq and former Yugoslavia.
NOTE: "Farce" shouldn't be construed as "comedy", not here and not in the theatre.
You can also choose to interpret the phrase as a comment on historiography rather than on history; I'm not sure how much of a distinction between the two a latter-day Marxist would make.
In unrelated news, another voting system reform is coming to E2. What do YOU think will happen?