The Economic Crisis: How's the Centre Left Doing?

Henry knows.
"It may well be.... that the time is ripe for social democracy. But I fail to see any social democratic actors out there who are ideologically prepared (let alone politically organized) enough to take advantage of these opportunities. Hence, we’re seeing what might be described as parodic social democracy – many of the organizational forms of social democracy (temporary stimuli, nationalization of major chunks of the economy) being undertaken by right leaning and centrist administrations as stop-gap measures to save capitalism and markets, rather than to subordinate them to broader social and democratic needs."

'Parodic social democracy'. Somehow the phrase has a certain ring to it, don't you think? .