Freddie deBoer points out (correctly) that the liberal blogosphere lacks a serious left wing:
No, the nominal left of the blogosphere is almost exclusively neoliberal. Ask for a prominent left-wing blogger and people are likely to respond with the names of Matt Yglesias, Jon Chait, Kevin Drum.... Each of them, as I understand it, believe in the general paternalistic neoliberal policy platform, where labor rights are undercut everywhere for the creation of economic growth (that 21st century deity), and then, if things go to plan, wealth is redistributed from the top to those whose earnings and quality of life have been devastated by the attack on labor.
I plead guilty to some general neoliberal instincts, of course, but I plead guilty with (at least) one big exception: I am very decidedly not in favor of undercutting labor rights in order to stimulate economic growth, and I'm decidedly not in favor of relying solely on the tax code to redistribute wealth from the super rich to the rest of us. What's more, the older I get and the more obvious the devastating effects of the demise of the American labor movement become, the less neoliberal I get. The events of the past two years, in which the massed forces of capital came within a hair's breadth of destroying the world economy, and yet, phoenix-like, have come out richer and more powerful than before, ought to have convinced nearly everyone that business interests and the rich are now almost literally out of control. After all, if the past two years haven't done it, what would?
I have a piece in the next issue of the magazine about the long-term disaffection of the liberal cause from organized labor, something that I've come to believe is the single biggest policy disaster of the American left over the past 40 years. Unfortunately, the piece makes clear why I don't write more about this: I don't know what to do about it. In fact, I'd say it's clear that organized labor long ago passed the point of no return, and there's really no feasible hope of returning it to a state of even moderate influence over American economic life. Practically speaking, then, the question is: what sort of ground-level, working class organization can take its place as an effective countervailing power against the economic interests of corporations and the rich — which, today, reign virtually unchallenged? But I don't know that either. Any ideas?