BUSINESS MAVERICK: OP-ED: The fall of the Berlin Wall and social democracy

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BUSINESS MAVERICK: OP-ED: The fall of the Berlin Wall and social democracy By Daron Acemoglu

in politics. Its redistributive institutions and welfare-state programmes could not have survived without non-elites wielding political power. Broad-based political participation was achieved through reforms to expand the franchise and deepen democratic processes. It was supported by powerful political parties, such as the Swedish Workers’ Party, and trade unions. And it was driven by universalist ideas that motivated people to support and defend democracy.

None of this can be understood in the absence of communism. After all, social-democratic movements emerged from communist parties, many of which – including the Social Democrats in post-war Germany and the French Socialist Party – did not abandon socialist rhetoric until well into the 1960s, or even the 1980s.

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