The Political Economy Of European Social Democracy

This book takes an in-depth look into recent developments in European social democracy. It begins by highlighting the somewhat paradoxical turn by a number of social democratic parties towards enhanced support for European integration, a move that has occurred despite the apparently ‘neoliberal’ direction of much of EU policy-output. A critical realist method is adopted, informed by both Marxist and anarchist critiques of social democratic parties, to argue that we can view this paradoxical development as resulting from the inherently unstable representation of constituents’ demands for decommodification, a process central to traditional social democratic parties. In making this argument, the book traces the transformation from ‘traditional’ to ‘new’ (or ‘third way’) social democratic parties in the UK, Sweden, France, Italy and Spain. It also outlines some of the most important developments in social democratic policy-making at the European level. The book therefore provides an in-depth, theoretically-original, analytical narrative of the key empirical developments to affect contemporary social democratic parties in recent years. In highlighting some of the contradictions inherent to both ‘traditional’ and ‘new’ social democratic parties, the book does much to suggest some of the reasons for their continued decline over the past three decades. David Bailey completed his PhD at the London School of Economics, and currently teaches at the University of Birmingham. His research focuses on social democratic parties and European integration. He has published articles in the Journal of Common Market Studies, and Comparative European Politics.

European social democracy is in crisis. In the last decade it has ceased to be about either society or democracy. The authors explore its values, how it can be revived and what kind of political economy it requires to thrive. This book includes a foreword by the two leaders of the 'Building the Good Society' project, Andrea Nahles and Jon Cruddas.

This book explains the contrasting strategies of social democratic parties and their electoral fortunes in the major European democracies in the 1970s and 1980s. Going beyond approaches that focus on the influence of class structures and political economic institutions, Herbert Kitschelt analyzes a party's competitive situation in the electoral arena, the constraints and opportunities of party organization, and ideological legacies to explain the strategic choices made by social democratic parties and their electoral results. Social democracy is far from being doomed to decline, but its success depends on its ability to transform its political message and construct new electoral coalitions.

How does the decline of the hegemon--the dominant, rule-making power of the international system--affect middle-level nations? By examining monetary and credit policy in postwar France, Michael Loriaux illuminates this question, tracing the relationship of domestic economic reform to specific changes in the international political economy which have resulted from U.S. hegemonic decline.

This book makes an important contribution to the existing literature on European social democracy in the wake of the 2008 financial crash and ensuing recession. It assesses how social democratic parties have responded, at the national as well as at the European Union level. A wide range of leading political scientists provide the reader with an in-depth understanding of the prospects for social democracy in the midst of an unprecedented crisis for neoliberalism. The book draws together some of the most well-known and prestigious scholars of social democracy and social democratic parties, along with a number of impressive new scholars in the field, to present a compelling and up to date analysis of social democratic fortunes in the contemporary period. It benefits from an analysis of social democratic parties' experiences in 6 different countries - the UK, Sweden, Germany, France, Spain and Greece - along with a number of chapters on the fate of social democracy in the institutions of the EU.

A valuable edition to the Politics, Culture and Society in the New Europe series, this fascinating book seeks to explain and explore the fortunes of the French Socialist party. The party is employed as a test case to examine the veracity of the 'crisis of social democracy' literature and its predictions for the future direction and fortunes of social democratic parties. Ben Clift extends his analysis in an attempt to define the wider relationship between social democracy and globalization. Topics covered in this seminal account include the ideological redefinition in the French parti socialiste, as well as the changing political economy of French socialism. After an in-depth party profile of the Jospin government, Clift concludes by investigating the political economy of the French Socialist electoral strategy.

Germany is a central case for research on comparative political economy, which has inspired theorizing on national differences and historical trajectories. This book assesses Germany’s political economy after the end of the "social democratic" 20th century to rethink its dominant properties and create new opportunities for using the country as a powerful lens into the evolution of democratic capitalism. Documenting large-scale changes and new tensions in the welfare state, company strategies, interest intermediation, and macroeconomic governance, the volume makes the case for analysing contemporary Germany through the politics of imbalance rather than the long-standing paradigm of institutional stability. This conceptual reorientation around inequalities and disparities provides much-needed traction for clarifying the causal dynamics that govern ongoing processes of institutional recomposition. Delving into the politics of imbalance, the volume explicates the systemic properties of capitalism, multivalent policy feedback, and the organizational foundations of creative adjustment as key vantage points for understanding new forms of distributional conflict within and beyond Germany. The chapters in this book were originally published as a special issue of German Politics.

First published in 1999, this volume why Europe’s arguably most successful political party, the Swedish Social Democratic Party, become so divided over European integration. Why were its grass-roots so reluctant to embrace EU membership and why did a Social Democratic government decide to stand aside from the launch of the single European currency? What connection is there between Europe and the Swedish model of political economy? While much has been written in English on Swedish Social Democracy, little of this literature has dealt with its difficulties during the 1990s and especially with its acute problems over Europe. This book fills that gap. Using original, primary data, Nicholas Aylott addresses the topic from macro and micro-political perspectives, taking account of historical, cultural, geopolitical and economic constraints, but also the interests and calculations of key individuals at critical junctures. It places the experience of Swedish Social Democracy into a broad comparative framework, drawing especially from the experiences of its Scandinavian sister parties. Up-to-date analysis of the party’s debate on EMU is included.