...This chapter talks about how a distinct neoliberal worldview was built on the foundations of the critique of New Deal liberalism and social democracy synthesized in the writings of Ludwig von Mises, Friedrich Hayek, and Karl Popper. The adrenaline generated by the neoliberal movement and its ideas...

...This chapter argues that the West “won” the Cold War because statesmen made systems of democratic capitalism and social democracy work effectively. The challenge for democratic leaders throughout the world was to thwart the appeal of communism and co-opt revolutionary nationalist movements. To do...

...This chapter looks at how Swedish Social Democracy was eventually challenged by the doctrines honoured by the prize it had created. Economists first took their place among the Nobel Prize winners in 1969, at the height of the golden age of Social Democracy in Sweden. The prize was paid...

... as one voice among many. In that respect, it is rather like Social Democracy. The Nobel Prize committee has been able to maintain the credibility of the prize only by acknowledging that economics does not hang together as a single all-encompassing system of thought. Social Democracy provides...

... by the Franco-German conflict. However, the frame of bourgeois authority and values, the nation-state, was simultaneously weakened by the very interest groups who benefited from a nationalist political atmosphere. The chapter also considers issues relating to inflation, social democracy, and sovereignty...

... Civil Service Commission capitalism Federal Security Agency FSA liberalism New Deal Roosevelt administration Truman administration Dies Martin espionage Hiss Alger Bentley Elizabeth Chambers Whittaker Coulter Ann social democracy anticommunism Cold War homosexuality homosexuals anti...

... on the possibility for a realization of liberal justice that is normatively fuller and more ambitious than that of high liberalism—this is the essence of market democracy as opposed to social democracy. Blair Tony economic growth Great Fact of economic growth Keynes John Maynard Labour movement British...

... are experiencing the blessings of liberal justice, along with its alternative perspective to social democracy's emphasis on instilling in the citizenry a sense of democratic solidarity. Finally, it compares the interpretations of social democracy and free market fairness regarding justice as fairness...

...This chapter discusses two approaches to the economic balancing act of ‘satisfaction now’ and ‘satisfaction later’. How to manage this trade-off is what largely divides neoclassical economics from Social Democracy. In both approaches, people are ‘forward looking’. In economics, the future has...

... Harberger Triangle Lindbeck Assar Social Democratic Party SAP Sweden Sweden Swedosclerosis Unemployment Wage funds debate Sweden Competition Distortions of incentives economic Economics discipline Invisible hand Ricardian Vice Social Democracy Models economic Nirvana Economics Representative...

... were profoundly contradictory formations that offered extraordinary resources to those who dreamed of social democracy. They generated manifold forms of decentralization, private delegation, deregulation, and austerity, nearly all of them forgotten because subsequent state makers appropriated those...

...-coming Nobel was authorized by Swedish Social Democracy in the course of its long stand-off with Swedish capitalism, in the belief that it did not matter. But it did. Money bills of exchange Nobel Prize in Economics Nobel Alfred Riksbank Sweden Swedish central bank Social Democracy Colonialism Debt...

...The loyalty investigations triggered by the Red Scare of the 1940s and 1950s marginalized many talented women and men who had entered government service during the Great Depression seeking to promote social democracy as a means to economic reform. Their influence over New Deal policymaking...