I will confine myself to a couple of short theses:
1.) A few victories notwithstandind (hooray for the comrades in Quebec) we are losing the war. We are losing the war because we are weak.
2.) Our weakness has multiple aspects. The first is spineless oportunism of "left" parties and unions, fighting on a political terrain that has over recent decades become ever more favourable to the right. The second is the radical and politically naive anti-authoritarianism of social movements. The third, perhaps most important, is the seemingly unbridgeable divide that has sprung up between these two: organizations that have absolutely no clue about the true desires of the masses on the one side, and spontaneous outbursts that reflect these desires in an authentic, but completely ephemeral, politically ineffective way on the other. Neither side is either willing or able to communicate.
3.) With political weakness comes intellectual weakness. Even the brightest minds, having a thorough theoretical understanding of capitalism, therefore knowing full well that its crises can not be reduced to hyperproduction (or the opposite side of the coin: underconsumption), that its paradoxes do not originate and can not be resolved in the realm of consumption, fall prey to a spontaneous social-democratism after being forced by objective circumstances to try and defend what is left of the welfare state. Necessity is turned into virtue and thus delusions about the emancipatory potential of social-democratic opportunism proliferate, despite all historical proof to the contrary.
4.) The most pertinent symptom of intellectual weakness is the inability to propose a positive program, even more, the unwillingness to attempt such a task. The plain fact of the matter is that as long as we do not even have ambition to take power and a plan to overcome capitalims when we do, the bourgeoise has absolutely no incentive to give in to critique or pressure. Reformist critique addressed at the bourgeoisie only strengthens their confidence that there is no real power able to challenge their position as the ruling class. They might back off for a moment where opposition is fierce, but only because they are confident in final victory.
5.) This intellectual weakness works to further erode what little political power we have. Lacking a positive program, we are unable to organise and build political power around it. Critiques of the madness of austerity do not serve to strengthen our position, because we do not have a position. They either promote a futile hope of an enlightened bourgeoisie or cynicism and withdrawal.