Yes we have a patina of social liberalism now that's true.
We also have the decimation of the labor movement, gargantuan increases in corporate power, stagnation or decline in real wages (in the US) for the vast majority of workers, the rollback of welfare states, the concentration of power and media in private hands, rampant privatisation of state assets, the massively increased influence of globalised financial markets and institutions, the atomisation and political disenfranchisement of populations.
It may be more accurate to say that rather than a swing to the right, we have simply had an obliteration of the core ideas of the left. The new deal, the welfare state, the NHS, - it is almost completely inconceivable that any of these would be implemented, or even contemplated today.