Neoliberal industrial policy in sheep clothing
An obituary for European Social Democracy
DOI:
https://doi.org/10.32387/prokla.v49i196.1827Keywords:
EU industrial policy, neoliberal structural adjustment, internal devaluation, Defence Action Plan, competitiveness, European Social Model, European Pillar of Social RightsAbstract
Social democratic parties are highly in favour of European integration; yet, it is the European project that damages their electoral chances the most?. The article locates the demise of European social democracy in the failure of Third Way politics. It argues that the social democratic complicity in devaluing labour through internal devaluation and the support for a Defence Fund as part of the new EU industrial policy on the one hand, and the social democratic prioritisation of competitiveness on the other, fundamentally undermines the credibility of flanking projects such as the European Social Model and the European Pillar of Social Rights.
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References
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