Abstract: At the end of the Cold War, in about 1989, the sharp and mutually reinforcing clash between capitalism and communism that had divided Europe for half a century lost its magnetic force on politics. Presented with a choice over the type of social and political order, citizens of former Eastern bloc countries opted to join the European club. They believed that the European Community offered both liberal democratic political institutions and a social model that controlled the market economy for the purpose of general welfare. Most importantly, the Community seemed to have found a way to avoid the damaging extremes of either unrestrained market capitalism or totalitarian communism.
Publication Year: 2008
Publication Date: 2008-11-20
Language: en
Type: book-chapter
Indexed In: ['crossref']
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