> “Right-wing” politicians are arguing for nationalization in some cases and wielding industrial policy like they’re FDR
Nationalization is a policy lying on the left. State ownership of industry is the textbook left pole
> The oil market interventions alone would make Stalin blush
Price controls on markets are authoritarian left
> are coming out for free market solutions gently guided by the government and deregulation so we can build faster
Economic right, mildly libertarian
> What exactly does the left-right distraction provide except for an easily abused method for enforcing a (tenuous, completely malleable) group orthodoxy?
No, they provide categorization to resist group orthodoxy. People are going to categorize, that is human nature. Without these, the only way to categorize a policy is what the parties happen to be doing at the time. That causes a group orthodoxy. There are people describing themselves as "more left" or "more right" as a shorthand to reject group orthodoxy. There are people describing a policy as left or right, regardless of which party is doing it. You're not sparing anything by resisting policy categorization, you are making things less specific and more likely to default to broad buckets.
That doesn't mean you can't talk about the policies in specifics, it means they lie on a very flexible and descriptive map.
This tendency to force everything into a black or white frame is what gives us politicians who run without platforms, on party label alone, and who then adopt unpopular or harmful positions when in office.
At some point we decided that platforms don’t matter, and if platforms exist, they must be orthodox. This is a problem!