"A timely and thought-provoking analysis of the macroeconomic forces and policies that have determined the strength and weakness of social democracy in Western Europe from the 1920es till now. Notermans' broad comparative and historical interpretation is a refreshing and masterful synthesis. It deserves wide attention by political scientists, economists and economic historians." Lars Jonung, Stockholm School of Economics

• List of tables and figures; List of abbreviations; Acknowledgements; A note on terminology; 1. Social democracy in the macroeconomy; 2. Politics, economics and political economy; 3. Why was there no social democratic breakthrough in the twenties?; 4. The creation of the social democratic consensus; 5. The breakdown of the social democratic consensus; 6. Social democracy in the twenty-first century; Notes; References; Index.

"A timely and thought-provoking analysis of the macroeconomic forces and policies that have determined the strength and weakness of social democracy in Western Europe from the 1920es till now. Notermans' broad comparative and historical interpretation is a refreshing and masterful synthesis. It deserves wide attention by political scientists, economists and economic historians." Lars Jonung, Stockholm School of Economics

• List of tables and figures; List of abbreviations; Acknowledgements; A note on terminology; 1. Social democracy in the macroeconomy; 2. Politics, economics and political economy; 3. Why was there no social democratic breakthrough in the twenties?; 4. The creation of the social democratic consensus; 5. The breakdown of the social democratic consensus; 6. Social democracy in the twenty-first century; Notes; References; Index.