I was very interested in Terry McDonough's comments about Sam Bowles being a "one-man crisis of Marxism," and the general drift to the Right of a lot of left economists. I've found the discussion of the Regulationists interesting, but Terry has highlighted a broader phenomenon. What explains it? Things are getting worse and worse, and its no time for intellectuals to be in retreat. Have people really become convinced by the Fukuyama line that we've reached the end of history, that capitalism is unbeatable? Andrew Kliman
