Jose Maria Maravall is the Director of the Center for Advanced Studies in the Social Sciences, Juan March Institute (Madrid). He is also a Professor of Sociology at the Universidad Complutense (Madrid), an Honorary Fellow of St. Antony's College (Oxford University), and a Corresponding Fellow of the British Academy. He holds doctorates from the universities of Madrid and Oxford. He was a socialist member of Parliament and Minister of Education and Science from 1982 to 1988. His previous publications include Economic Reforms in New Democracies (1993); Regimes, Politics, and Markets (1997); and