The banks won.

Leftists were always prone to fall for IdPol, because it's who they are. JP Morgan Chase subverted anti-Cartel opposition with IdPol and blew up the whole thing. Combine that with the Koch Brothers subverting the TEA Party movement, and constructing Corporatist Libertarianism, where corporations are the only real people, and you can't infringe on a corporation's rights, but the government has a mandate to infringe on all other rights and in all other jurisdictions.