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This book offers a fresh appraisal of the nature and significance of the democratic Left in the Global South. The moral and intellectual leadership of the Left is shifting south from its European birthplace. It is in the Global South, most notably in Latin America, that one finds newly self-confident progressive movements. This 'new' democratic Left includes parties and social movements that not only are avoiding the familiar pitfalls that ensnared socialists and social democrats in the twentieth century, but also are coping with the realities of the twenty-first century, especially neoliberal globalization. In analyzing and illustrating three innovative strategies - moderate social democracy, radical social-democratic transition to socialism, and Left populism - this study nudges the debate about the Left out of the well-worn grooves into which it has fallen in recent decades

ABSTRACTWhat is the most fruitful conceptualization of Karl Polanyi's 'double movement' in contemporary capitalist studies? For Polanyi, it is a conceptual device for explaining a particular historical sequence leading to the collapse of Western civilization in the 1930s and 1940s. For his current followers, the double movement is of broader and longer‐term significance. Some conceive it as representing a continuous and inherent contradiction within capitalism that can only be resolved, and the economy embedded in society, with the end of capitalism. Others conceive of the double movement as representing an oscillating imbalance between the liberal movement and the countermovement of societal protection, with the former's ascendancy impelling a disembedding tendency and the latter's a re‐embedding tendency. This article argues that the most fruitful approach is to treat the double movement as a two‐phase conceptual model that has a real, though limited, heuristic value in understanding liberal‐democratic capitalist development.

AbstractAs the democratic Left spirals ever downwards, the worrying forces of populism and neoliberalism seem to be emerging from the ashes. Could the visionary thinking of economic historian Karl Polanyi provide a feasible fix in the 21st Century? An open‐ended approach might be just the ticket to rescue global politics from a far right explosion – and it's not rocket science…