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Novak Jankovic's avatar

Great summary of the reasons why social democracy is not likely to return. Of the four main reasons, multiculturalism and globalization seem to be far more important. But isn’t Canada showing that social democracy has never actually ceased to exist?

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Branko Milanovic's avatar

I agree with Bruce's description of the past 40 years. The union power was crushed politically in the UK first, then by Reagan, and then also by Mitterrand in 1982-83, and Felipe Gonsalez in Spain. The last two were socialists, of course. Globalization and outsourcing eroded it further, and the pendulum swung too strongly in the other direction. Today' s conditions are, I think, very different from those in the 1950-60s when the Left and the Unions defined policies on education, health, hours of work, paid vacations, social security etc. The Left needs to find a new model. Having said all that, Offer and Soderberg's book is excellent in presenting the arguments for (and the logic of) social-democracy. The Nobel Prize, in my opinion, does not play so much of a role in the book as the title would suggest.

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