The crisis of globalization
Democracy, capitalism and inequality in the twenty-first century
In recent years, the effects of economic openness and technological change have fuelled dissatisfaction with established political systems and led to new forms of political populism that exploit the economic and political resentment created by globalization. This shift in politics was evident in the decision by UK voters to leave the European Union in June 2016, the November 2016 election of Donald Trump to the presidency of the United States, as well as the rise of populist movements on left and right throughout much of Europe. To many voters, the economy appears to be broken. Conventional politics is failing. Parties of the left and centre-left have struggled to forge a convincing response to this new phase of globalization in the aftermath of the 2008 crisis. This book examines the challenges that the new era of globalization poses for progressive parties and movements across the world. It brings together leading thinkers and experts including Andrew Gamble, Jeffry Frieden and Vivien Schmidt to debate the structural causes and political consequences of this new wave of globalization.
CONTENTS
Introduction: The Great Globalisation Disruption: Democracy, Capitalism, and Inequality in the Industrialised World, Patrick Diamond
Part I. Taking Stock – the Rise of the New Populism
1. Globalisation and the New Populism, Andrew Gamble
2. The Backlash Against Globalisation and the Future of the International Economic Order, Jeffry Frieden
3. Populist Political Communication Going Mainstream? The Influence of Populist Parties on Centre-Left Parties in Western Europe, Patricia Rodi
4. Europeans and Globalisation: Does the EU Square the Circle?, Silvia Merler
5. How can Social Democratic Parties in Government Deal with the Consequences of Globalisation?, Manuel de la Rocha
Part II. Brexit, Populism and the Future of the European Union
6. Brexit and Globalisation: Collateral Damage or an Accident Waiting to Happen?, Loukas Tsoukalis
7. The EU in Crises: Brexit, Populism and the Future of the Union, Dimitris Tsarouhas
8. Brexit: A Consequence of Globalisation or a Case of British Exceptionalism?, Roger Liddle
Part III. What is to be Done? Domestic and International Policies to Deal with Globalisation
9. Where Might the Next Generation of Progressive Ideas and Programmes Come From? Contemporary Discontents, Future Possibilities for Europe, Vivien A. Schmidt
10. Globalisation as a Losing Game? Reforming Social Policies to Address the Malaise of Globalisation’s Losers, Lorenza Antonucci
11. Social Investment Beyond Lip-Service, Anton Hemerijck and Robin Huguenot-Noel
12. Addressing Global Inequality: Is the EU Part of the Equation?, Frank Vandenbroucke
13. Social Democracy in an Era of Automation and Globalisation, Jane Gingrich
Postscript: Patrick Diamond