Liberalism serves business and believes creating the best market conditions for businesses is the way to a prosperous society.
The change came about when the third way was chosen as the way forward.
I only learned about the third way recently and all it did was solidify the idea its just 2 sides of the same coin.
They certainly become two sides of the same coin when Establishment Liberals and the Establishment Left kicked out their socialist aspects, and invited market capitalism as their official policy and chosen school of economics.
“A rising tide lifts all boats” and all that… meanwhile the wealth gap is drowning people.
“and Establishment Left”
Uh… What establishment left? There is no left wing in America. Not since the McCarthyism era destroyed it.
Capitalism has always been the official policy of liberals, it’s a core part of what makes them liberals.