I can't speak for "the left," but I can say it's hard to know where to begin in unscrambling the hocus-pocus of the last three decades. The one unifying theme has been the ever diminishing political power of labor, the continuing shrinkage of government's role as a guarantor of social welfare, the rampant expansion of reckless deregulation, and the most malignant increase in the wealth and power of capitalists in a century. It has been era where billions of dollars have been squandered on follies associated with "paper entrepreneurship" ranging from the S&L bailout to the dot-com bubble; an era of rampant public stupefaction caused by media consolidation and the rise of the "entertainment economy"; an era where self-seeking charlatans like Lee Iacocca, Mike Milken, Jack Welch and Bill Gates are hailed as visionaries and embraced by a gullible public as heroes. It has been a time of mass hallucination, in short. Why? Maybe Nietzsche provides a clue: "In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule."
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