The Bankruptcy of Liberalism and Social Democracy in the Neoliberal Age

The increasing similarity between the economic policies of center-left and center-right political parties has effectively diminished the legitimacy of governments in relationship to their citizenry in Western Europe and the U.S. Capitalist democracies during the period of managed capitalism gained legitimacy by the appearance of the separation of capitalist ownership rights in the marketplace from the political institutions that govern capitalism. During this period, Social Democratic parties in Western Europe, and to a lesser extent the Democratic Party in the U.S., paid some amount of attention to labor unions and mass constituents in formulating their policy agendas. The era of neoliberalism (late 1970s to the present) has broken any such appearances, with the dominant political parties, regardless of party label, moving rightward to embrace many of the same economic policy agendas.

Building democratic institutions in Mexico

The purpose of this study is to explore the process of building democratic institutions in Mexico, to examine how political parties shape the process of democratization, and how this process determines the degree of party system institutionalization.^ The appearance of competitive politics brought new challenges and opportunities to parties in Mexico. The aim was to identify how the broader political and economic environment has challenged Mexico's political party system, and specifically the transformation of Mexico's political party system.^ This research illustrates the logic of the deductive model, beginning with general, theoretical expectations about democratization and the economic reform. The empirical data were analyzed to determine whether the deductive expectations were supported by empirical reality. This study offers a comprehensive analysis that conciliates the 'political opening' that has produced favorable conditions for democratization and social integration, and the 'economic opening' that has counteracted since it generated social exclusionary processes. ^