Her explanation agrees with Thomas Frank, that the New Left is a return to the FDR mold of fighting for the working class that was abandoned in the Clinton era for the professional-managerial class. This was playing out in Bernie v. Biden, which has now switched to Butt and Bloom. It really is a fight for the soul of the Dem Party. Interestingly, Saager's definition of the New Right is striking similar in that it's a move away from the free market consensus and a return to a people-centered Party. They also get into their differences, particularly on the issue of immigration.
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