In the last three decades, two questions have been central for the Left. Is there a future for electoral socialism and social democracy? And, is it any longer possible to promote a significant redistribution of income in favour of labour? Political and economic events seem to suggest negative...

"The social democratic parties were once the strongest political forces in Europe. Today, however, they appear disorientated and rudderless, crucially lacking the ideological, intellectual and organisational vitality which underpinned their strength in the post-war political landscape....

Economic theory may be speculative, but its impact is powerful and real. Since the 1970s, it has been closely associated with a sweeping change around the world--the "market turn." This is what Avner Offer and Gabriel Söderberg call the rise of market liberalism, a movement that, seeking to...