Just like the bank bailout (nationalizing the losses, but not the banks) is labelled "socialism" to make it look consensual, to steal arguments from the left, and blame the left for the mess that will remain.
That tour de passe-passe (trick) is one of the wickedest things the right (helped by the ThirdWayers) has done to the left in a long while. In the long run, we're all dead. John Maynard Keynes
I wonder where we would be today if the left hadn't been implementing the neoliberal economic consensus while in power for the past 15 years.
Possibly they would have won fewer elections (at least the left political parties believe this) but they would now be wiping the floor with the economic right in elections.
As it is, they have no credibility to challenge the economic consensus. En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
And he lost because too much of the left still found that to be too centrist, with the results we know.
So this is not a black and white debate either. In the long run, we're all dead. John Maynard Keynes
Of course, he (and his government) was demonized for it- witness the 35-hour week deluge of propaganda, or the "France is declining" meme. In the long run, we're all dead. John Maynard Keynes