"The Great Awokening has not crowded out Millennial Socialism. It has absorbed it...."

"It is a commonly-held view that ‘socialism vs capitalism’ was yesteryear’s divide, while ‘woke vs unwoke’ is where the action is now: pronouns are the new tax rates, and cancellation is the new nationalisation.
    "The problem with this argument is that it is only true on one side of that divide, namely, the ‘un-woke’ or ‘anti-woke’ side. The opponents of Wokeness do indeed tend to get far more animated about the latest Culture War shenanigans than by the latest economic policy announcements. They also find it easy to form loose coalitions over a shared cultural outlook with people with whom they disagree on economic issues. (For example, a left-wing critic of Cancel Culture can easily get a piece published in a [so-called] centre-right publication.)
    "But it would be a huge mistake to assume that something similar must be true on the other side of that divide, i.e. that on the progressive Left, woke identity politics has somehow crowded out socialist economics. Quite the opposite is true. It is hard to think of a prominent woke culture warrior who is not also a committed anti-capitalist.
    "The Great Awokening has not crowded out Millennial Socialism. It has absorbed it.... Thus, the Culture War is by no means ‘beyond economics’. Instead, economics has become a major front in the Culture War."

~ Kristian Niemietz, from his op-ed 'For the Woke warriors, culture and economics are two sides of the same coin – just ask Mollie-Mae'

[Hat tip Samizdata]