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Post-crisis social democratic policy capacity in France and the United Kingdom : a lesson from the globalisation and social democracy debate
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McDaniel, Sean (2014) Post-crisis social democratic policy capacity in France and the United Kingdom : a lesson from the globalisation and social democracy debate. French Politics, 12 (4). pp. 283-309. doi:10.1057/fp.2014.23 ISSN 1476-3419.
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Official URL: http://dx.doi.org/10.1057/fp.2014.23
Abstract
Two decades ago many commentators suggested that economic globalisation had eroded social democratic economic policy capacity. Although this argument has largely been discredited, the global financial crisis has revived the state-market debate. As governments succumb to fiscal consolidation, a similar theory of declining state capacity now challenges social democrats. This article redresses the contemporary situation by using the economic globalisation debate from the mid-1990s to 2005 as a lens through which to comparatively analyse the current fiscal policy positions of the Parti Socialiste and the Labour Party. It draws similarities between the two situations and illustrates how contested notions of the contemporary political economy constrain social democratic fiscal policy capacity, suggesting that greater capacity exists than is currently acknowledged.
Item Type: | Journal Article | ||||||||
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Subjects: | H Social Sciences > HB Economic Theory J Political Science > JF Political institutions (General) |
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Divisions: | Faculty of Social Sciences > Politics and International Studies | ||||||||
Library of Congress Subject Headings (LCSH): | Global Financial Crisis, 2008-2009 -- Political aspects, Parti socialiste France, Labour Party (Great Britain) | ||||||||
Journal or Publication Title: | French Politics | ||||||||
Publisher: | Palgrave Macmillan Ltd. | ||||||||
ISSN: | 1476-3419 | ||||||||
Official Date: | December 2014 | ||||||||
Dates: |
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Volume: | 12 | ||||||||
Number: | 4 | ||||||||
Page Range: | pp. 283-309 | ||||||||
DOI: | 10.1057/fp.2014.23 | ||||||||
Status: | Peer Reviewed | ||||||||
Publication Status: | Published | ||||||||
Reuse Statement (publisher, data, author rights): | This is a post-peer-review, pre-copyedit version of an article published in French Politics. The final authenticated version is available online at: http://dx.doi.org/10.1057/fp.2014.23 | ||||||||
Access rights to Published version: | Restricted or Subscription Access | ||||||||
Date of first compliant deposit: | 29 March 2019 | ||||||||
Date of first compliant Open Access: | 29 March 2019 |
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