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.
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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 […]