Politicians and pundits have long disparaged their opponents with polemicist cries of "leftist!" or "rightist!" But with the fall of communism and the recent conservative ascendancy in the United States and Europe, many commentators have flatly declared that the traditional left/right distinction has lost its relevance. Now, even as political players scramble to redefine themselves with freshly "spun" labels, Norberto Bobbio asserts that the demise of the left/right distinction has been greatly exaggerated.