The Crisis of Globalization: Democracy, Capitalism and Inequality in the Twenty-First Century

by Patrick Diamond (Editor)

Overview

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.

Product Details

ISBN-13:	9781788315159
Publisher:	Bloomsbury Academic
Publication date:	02/21/2019
Series:	Policy Network
Pages:	304
Product dimensions:	5.50(w) x 8.50(h) x 0.75(d)

About the Author

Patrick Diamond is Senior Lecturer in Public Policy, Queen Mary, University of London and Chair of the Policy Network think-tank. He is the former Head of Policy Planning in Number Ten Downing Street. Patrick's publications include Endgame for the Centre Left? The Retreat of Social Democracy across Europe; Can Labour Win? The Hard Road to Power; The Predistribution Agenda: Tackling Inequality and Supporting Sustainable Growth (with Claudia Chwalisz); Governing Britain: Power, Politics and the Prime Minister; Progressive Politics After the Crash (with Olaf Cramme and Michael McTernan); and After the Third Way (with Olaf Cramme).

Table of Contents

Contributors vii

List of Figures ix

Preface x

Introduction

The Great Globalization Disruption: Democracy, Capitalism and Inequality in the Industrialized World Patrick Diamond 1

Part I Taking Stock - the Rise of the New Populism

1 Globalization and the New Populism Andrew Gamble 27

2 The Backlash Against Globalization and the Future of the International Economic Order Jeffry Frieden 43

3 Populist Political Communication Going Mainstream? The Influence of Populist Parties on Centre-Left Parties in Western Europe Patricia Rodi 53

4 Europeans and Globalization: Does the EU Square the Circle? Silvia Merler 73

5 How can Social Democratic Parties in Government Deal with the Consequences of Globalization? Manuel de la Rocha 91

Part II Brexit, Populism and the Future of the European Union

6 Brexit and Globalization: Collateral Damage or an Accident Waiting to Happen? Loukas Tsoukalis 109

7 The EU in Crises: Brexit, Populism and the Future of the Union Dimitris Tsarouhas 127

8 Brexit: A Consequence of Globalization or a Case of British Exceptionalism? Roger Liddle 145

Part III What is to be Done? Domestic and International Policies to Deal with Globalization

9 Where Might the Next Generation of Progressive Ideas and Programmes Come From? Contemporary Discontents, Future Possibilities for Europe Vivien A. Schmidt 167

10 Globalization as a Losing Game? Reforming Social Policies to Address the Malaise of Globalization's Losers Lorenza Antonucci 187

11 Social Investment Beyond Lip-Service Anton Hemerijck Robin Huguenot-Noel 207

12 Addressing Global Inequality: Is the EU Part of the Equation? Frank Vandenbroucke 235

13 Social Democracy in an Era of Automation and Globalization Jane Gingrich 259

Postscript Patrick Diamond 277

Index 282