Following the locust years of the neo-liberal revolution, social democracy was the great victor at the fin-de-siecle elections. Today, parties descended from the Second International hold office throughout the European Union, while the Right appears widely disorientated by the dramatic "modernisation" of a political tradition dating back to the nineteenth century.

The focal point of Gerassimos Moschonas's study is the emergent "new social democracy" of the twenty-first century. As Moschonas demonstrates, change has been a constant of social-democratic history: the core dominant...