Coalitions of environmental, anti-nuclear, anti-capitalist, sustainable-agriculture and anti-globalization forces have coalesced in Europe to form and support socialist parties. This has yet to happen in the United States. The left never rallied in significant numbers behind Cynthia McKinney or Ralph Nader. In picking the lesser of two evils, it threw its lot in with a Democratic Party that backs our imperial wars, empowers the national security state and does the bidding of corporations.Chris Hedges, Why I am a Socialist
If Barack Obama does not end the flagrant theft of taxpayer funds by corporate slugs and the disgraceful abandonment of our working class, especially as foreclosures and unemployment mount, many in the country will turn in desperation to the far right embodied by groups such as Christian radicals. The failure by the left to offer a democratic socialist alternative will mean there will be, in the eyes of many embittered and struggling working- and middle-class Americans, no alternative but a perverted Christian fascism. The inability to articulate a viable socialism has been our gravest mistake. It will ensure, if this does not soon change, a ruthless totalitarian capitalism.
It's entirely possible that he's right. Society certainly seems pretty shattered right now, and I'm not convinced that Obama is going to be able to fix things. We'll see.