Triangulation is dead: what does "socialism" mean in the 21st century?

Thirty years ago, the collapse of the USSR and the ascendancy of the neoliberal policies of Thatcher, Reagan, Pinochet and Mulroney sent the left into retreat, and what has passed for the left ever since has been dominated by Bill Clinton/Tony Blair-style "triangulation" or "humanized capitalism," whose core hypothesis might be summed up as, "Rather than allowing 150 white male CEOs to run the world, we should ensure that at least half of them are women and/or people of color." (more…)