Here’s Doug Henwood in an interview on the Real News Network:
Henwood is right—about the current trends concerning wages, profits, and the lack of change in elite opinion. But I do disagree with him about one thing: it’s not that the Left doesn’t have ideas about what to do. There are plenty of ideas, both criticisms of capitalism and suggestions for ways of creating noncapitalism.
What the Left hasn’t been able to achieve in the United States is a form of organization either inside the Democratic Party or outside, in order to make its ideas known and to inspire others to participate in creating a different common sense in this country. It’s one of the key differences between the current crises and the 1930s.