Brahmin Left, Merchant Right, Stalled Realignment
With the discrediting of neoliberal economics and the clear openness of electorates in Western democracies to a new economic approach, you'd think a realignment to the left was in the offing. But more than a decade has passed since the Great Recession and it's not happening. That potential realignment is in stall mode.
The fundamental reason is the shift of working class voters out of left parties and the increasing reliance off such parties on highly-educated voters. That has created the stall situation where the left, even when it wins elections, is continually undermined by the bleeding of working class voters.