The Old World’s Old and New Parties

... either to the evolution, or a radical dismantling, of the capitalist system. Moderate transformation was implemented by Swedish, Norwegian and Danish social democrats who created the social state model. Both camps possessed radical wings: fascist and left-wing ultras. By the late 20th century, Europe had settled on a social system that could be provisionally called socialized capitalism, with its distinctive triad of economy, social state and social-political partnership. The right concentrated on ...