Social democracy in the light of capitalist financial crises

Callaghan, JT

Abstract

The crisis of 2008 was not the first time that social democratic parties were found wanting when faced with bank and financial failures. But it was the first since they had learned to praise the wisdom as well as the creativity of 'the market'.

Citation

Callaghan, J. (2014). Social democracy in the light of capitalist financial crises. In D. Bailey (Ed.), European Social Democracy During the Global Economic Crisis (chapter 5). Manchester: Manchester University Press

• Publication Date: Oct 1, 2014
• Deposit Date: Aug 8, 2014
• Publisher: Manchester University Press
• Pages: chapter 5
• Book Title: European Social Democracy During the Global Economic Crisis