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Yes, the “centrists” are capitalist conservatives. The progressives are social democrats. Since it’s a two party system, the Republicans fell to the far right, and the conservative capitalists will fall to the social democrats. It’s cute that they still think they’re in charge of the party.
They are for the moment, but they're rightly starting to get pretty nervous about where things are going.
You think? Seems to me that they aren't so nervous becuase they have not make even a single minor change. The most they did was Hillary recently blaming Biden for the election loss, while not even mentioning the genocide at all. Just more shenanigans.
As has been the case throughout human history, those in charge will rarely ever be willing to change what has worked for them up until then. They will see the resistance, and try to clamp down on it hard in an attempt to keep the status quo.
Democrats see the successful nibbling away at their power, and are trying to bully their way through it. The fact they're doing so means they're taking it seriously, and that means they're nervous about it. Because it means losing their cash cow backers, they will not change until they have little other option left. We, the people, have to remove all other options from them.
Their strategy is to hold the line as best they can, and keep as many corporate shills in office as possible, thereby undermining the progressives.
It's far from inevitable that the progressives will win that fight. The big money's on the side of the corporate bootlickers, and so is the vast majority of the media.