In discussions of Protestantism's winners and losers, what often gets lost is how much both liberals and conservatives have changed internally.
About 15 years ago I was a guest at the annual meeting of the Association of Christians Teaching Sociology. In one session a professor reported on a student's project. Taking the Century as a barometer of mainline Protestantism and Christianity Today as a barometer of evangelicalism, his student compared the respective responses to the civil rights movement. The student found that the Century was very hospitable toward the movement and that CT was critical of it. (Full disclosure: At the time of this ACTS meeting, I was working for CT.) Since ACTS is comprised largely of evangelical scholars, there was some hanging of heads in the room. Evangelicals, they agreed, had been on the wrong side of history, not to speak of the wrong side of justice.