tbf it gets a bit muddied here in Europe because the revolutionary parties join coalitions with socdems and demsocs and end up some kind of mish mash of less-radical DSA types while still calling themselves marxists. The “new labour” wave coincided with the fall of the USSR, the tactical retreat into capitalism of Deng/Jiang era China and reflected a spent and hopeless western left, no longer even able to maintain control of their own parties and losing them to neolib third way diet fascists.