Clinton, aware that the liberal class and the left are not going to mount genuine resistance, is running as Mitt Romney in drag. The corporate elites across the political spectrum, Republican and Democrat, have gleefully united to anoint her president. All that remains of Sanders' "revolution" is a 501(c)(4) designed to raise money, including from wealthy, anonymous donors, to ensure that he will be a senator for life. Great historical events happen twice, as Karl Marx quipped, first as tragedy and then as farce.

The multibillion-dollar extravaganza of our electoral Circus Maximus is part of the smokescreen that covers the ongoing devastation of globalization, deindustrialization, trade deals such as the Trans-Pacific Partnership, endless war, climate change and the intrusion into every corner of our lives by the security and surveillance state. Our democracy is dead. Clinton and Donald Trump do not have the power or the interest to revive it.