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For socialism and democracy

Summary:
As I mentioned a while ago, in the years that I’ve been blogging, I’ve described my political perspective as “social-democratic”. In earlier years, I mostly used “democratic socialist”. My reason for the switch was that, in a market liberal/neoliberal era, the term “socialist” had become a statement of aspiration without any concrete meaning or any serious prospect of realisation. By contrast, “social democracy” represented the Keynesian welfare state I was defending against market liberal “reform”. In the decade since the Global Financial Crisis, things have changed. Socialism still describes an aspiration, rather than a concrete political program, but an aspiration to a better society is what we need now as a positive response to the evident failure of neoliberalism. On the other

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As I mentioned a while ago, in the years that I’ve been blogging, I’ve described my political perspective as “social-democratic”. In earlier years, I mostly used “democratic socialist”. My reason for the switch was that, in a market liberal/neoliberal era, the term “socialist” had become a statement of aspiration without any concrete meaning or any serious prospect of realisation. By contrast, “social democracy” represented the Keynesian welfare state I was defending against market liberal “reform”.

In the decade since the Global Financial Crisis, things have changed. Socialism still describes an aspiration, rather than a concrete political program, but an aspiration to a better society is what we need now as a positive response to the evident failure of neoliberalism.

On the other side of the ledger, nominally social democratic parties nearly all failed the test of the crisis, accepting to a greater or lesser degree to the politics of austerity. Some, like PASOK in Greece, have paid the price in full. Others, like Labor in Australia, are finally showing some spine. In practice, though, social democracy has come to stand, at best, for technocratic managerialism, and at worst for capitulation to the demands of financial capital.

So, I’ve changed the description of this blog’s perspective to socialist. I haven’t however, adopted the formulation “democratic socialist” which was used, in the 20th century, to emphasise a rejection of the Stalinist claim to have produced “actually existing socialism” in the Soviet Union and elsewhere. That’s no longer necessary.

As has been true for most of the history of the modern world, the only serious threat to democracy is now coming from the right. So, it’s important to defend democracy as well as advancing the case for socialism.

John Quiggin
He is an Australian economist, a Professor and an Australian Research Council Laureate Fellow at the University of Queensland, and a former member of the Board of the Climate Change Authority of the Australian Government.

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