Social Democracy After the Cold WarDespite the market triumphalism that greeted the end of the ColdWar, the collapse of the Soviet empire seemed initially to herald newpossibilities for social democracy. In the 1990s, with a new era ofpeace and economic prosperity apparently imminent, people discontentedwith the realities of global capitalism swept social democrats intopower in many Western countries. The resurgence was, however, brief. Neither the recurring economic crises of the