Post-Social-Democracy

It is after the WWII that the Idea of Social-Democracy becomes so apparent. It will be an ideological pursuit for the years to come until 1960's where the Welfare State will face its first Crisis. Charlie Chaplin's speech from his movie "The Great Dictator" will inaugurate the desire of social democracy which became a successful program of a period that followed. The rise and popularity of Social-Democracy will be enhanced by two factors that consequently will play a crucial role in its decline. Social-Democracy "was sustained by two realities of the times: the incredible expansion of the world-economy, which created the resources that made the redistribution possible; and United States hegemony in the world-system, which ensured the relative stability of the world-system, and especially the absence of serious violence within this wealthy zone." (Wallerstein, 2011) 


The period of forever progression didn't last and right after 60's the world economy falls into a stagnation the late phase of which we live today. Additional to that America's hegemonic role will start, slowly, to decline. The 70's will mark the new era according to Immanuel Wallerstein. "The new era beginning in the 1970s saw the end of the world centrist consensus on the virtues of the welfare state and state-managed “development.” It was replaced by a new, more rightwing ideology, called variously neo-liberalism or the Washington Consensus, which preached the merits of reliance on markets rather than on governments. This program was said to be based on a supposedly new reality of “globalization” to which “there was no alternative.” " (Wallerstein, 2011) It seems therefore that the pressing question of our time is if there is an alternative. If Social-Democracy is an illusion in 2011 then where the world system is moving towards? 


 Source: Immanuel Wallerstein: The Social-Democratic Illusion