Barack Obama’s election to the presidency seemed to confirm an old theory of American politics proposed by the elder Arthur Schlesin-ger—that the economic/political consensus tends to swing between liberal and conservative cycles in roughly twenty-five-to-thirty-year arcs. Such swings are healthy. Once-fresh ideas harden into dogma; incumbency breeds complacency. Liberals succumb to the corruptions of power, conservatives to the corruptions of money.
The new liberal consensus that...
The remainder of this article is only available to paid subscribers.
Print subscribers to Commonweal are entitled to free access to all premium online content. Click here to purchase a print subscription, or if you’re already a print subscriber, register now for premium access.
Online-only subscriptions provide access to all premium online articles for just $34/year or $2.95/month. Click here to subscribe.