June 19, 2012

Death Agony of Social-Democracy

Posted in Economics, History, Social-Democracy, Theory tagged , , , , , , , at 02:05 by Matthijs Krul

Where can social-democracy go? In Greece, the parties of the center, once utterly dominant on the country’s political scene, can barely scrape together a majority combined even with the help of a mass of bonus seats for the plurality party. Their opposition is now formidable in the form of SYRIZA, a left social-democrat outfit with a programme of radical reform that would stretch liberal political economy to the breaking point, but staying well short of an explicit commitment to revolution. In France, the victory of the Parti Socialiste is complete with its clear majority in the Assemblée Nationale following François Hollande’s election to the Elysée. In the UK, the Conservative-LibDem coalition appears ever weaker and less able to enforce its majority, while the Labour Party has been leading it in the polls by large numbers for months on end. In Germany, the ruling rightist coalition has suffered painful defeats in the länder against the SPD. In short, it seems finally things are looking up for European social-democracy. Read the rest of this entry »

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