Apr 7: The Forward March of Social Democracy Halted?
Question:
What were the reasons behind the general belief--on the left, on the right, and in the center--in the late-1970s that North Atlantic social democracy had failed as a political-economic system?
Readings:
- Mancur Olson (1996), "Varieties of Eurosclerosis: The Rise and Decline of Nations Since 1982," in Nicholas Crafts and Gianni Toniolo (eds), Economic Growth in Europe Since 1945, Cambridge, Cambridge University Press, pp.73-94 http://books.google.com/books?hl=en&lr=&id=wiTtnUn5qGsC&oi=fnd&pg=PA73&dq=%22OLSON%22+%223+The+varieties+of+Eurosclerosis:+the+rise+and+decline+...%22+&ots=s86KlJoXe7&sig=wabLIsaAIsicZhoppgt-vDhRxcE#PPA69,M1
- J. Bradford DeLong (1995), "America's Only Peacetime Inflation: The 1970s," in Christina Romer and David Romer, eds., Reducing Inflation: Motivation and Strategy (University of Chicago Press), pp.-, http://tinyurl.com/dl20090112v
- Eric Hobsbawm (1978), "The Forward March of Labour Halted?" Marxism Today http://www.amielandmelburn.org.uk/collections/mt/pdf/78_09_hobsbawm.pdf Yours,
