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

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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.

Author Bio

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. Patricks 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).