My latest at The Liberal Patriot argues that the left has never had a better chance to push forward a transition away from neoliberalism and they're completely blowing it. One more reason Biden and the Democrats are in a heap of trouble.
"For forty years or so the left has been preaching against neoliberalism—the view that capitalism and markets should mostly be left alone to generate prosperity with only modest regulation and a frugal welfare state. For forty years the left has polemicized against this economic model, frequently despairing that they could ever get through to ordinary voters, particularly working class voters, who, the left said, were duped by political elites who either promoted this model or were afraid to challenge it.
Well a funny thing happened in the wake of the Great Recession, a worldwide pandemic and persistent, maddening economic inequality: ordinary voters, including working class voters, are sick of neoliberalism. They’ve had it and they’re ready for something different.
The answer to the left’s prayers right? The opportunity—finally!—to push the American economic model in their preferred direction by building up the mass support the left has always lacked.
A great opportunity, yes, and also an opportunity that’s being impressively blown by today’s left and, in the process, is taking the Democratic party down with them. At the very moment when neoliberalism has been comprehensively discredited, the left has become more and more associated with unpopular sociocultural issues and less and less with solving the problems of working class people. This has branded the left as a movement out of touch with the concerns and language of ordinary voters—a movement that is using its increased influence within the Democratic party to promote pet causes and interfere with effective governance. This is undermining the Democrats’ ability to garner mass support for the very economic transition the left has been promoting for forty years."
Read the whole thing at The Liberal Patriot!