Death by a thousand cuts?
in European social democracy during the global economic crisis
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This conclusion presents some closing thoughts on concepts discussed in the preceding chapters of this book. The book points to the spawning of revolts on the left and reaction on the right to the austerity measures that were enacted in response to the economic meltdown and in which social democrats have so often had a hand. It estimates that a Herculean effort would be required by social democracy in order to revise the pro-capitalist changes it has engineered in its policies. The book describes that there is a telling contradiction between the more reflationary strategy of the Party of European Socialists (PES) and the austerity fixations of social democrats on their home turf. It focuses on the 'major' development in the form of the election to the Swedish Parliament of the far right for the first time since 1991.



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