Democrats go wrong not because they have forgotten the lessons of FDR and the New Deal, but because they have not sufficiently put those lessons behind them. Ours is the least class-ridden society in the Western world. The political economy of the 1930s is not America’s historical paradigm; it is its great exception. Democrats, of course, are not entirely ignorant of that. They now address themselves to middle-class interests, but their middle class is still a working class that simply has a few more dollars in its pocket. They have not fully learned the lesson of exceptionalism: that America is the quintessential bourgeois society. We are, for better and worse, middle class and middlebrow right down to our bones. And their failure to see that is what’s the matter with the Democrats.