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Socialism vs the Void

How the decline of mass parties eroded democracy and gave rise to the Third Way’s takeover in Britain and abroad.

Illustration by Jan Robert Dünnweller

The year was 1997. Bill Clinton was beginning his second term; Tony Blair’s New Labour was coming to power after a resounding victory; and European Union member states were putting together the Stability and Growth Pact (vowing to keep government deficits below 3 percent and debt below 60 percent of GDP). Meanwhile, Alan Blinder was asking the […]

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