If There Is a Recession–and If Not

Given two diametrically opposed projections of our economic and political future, what should the response of the left be?

I pose the issue in this uncertain way for a reason. The United States and the other advanced industrial economies are in the midst of a transition from one economic-social-political paradigm to another. Dramatic technological changes are under way: GM’s new Saturn automobile is scheduled to be built in an automated, robotized process that will reduce the tot...