. That war also changed everything: the global power configuration and, likewise, the internal class struggles.
Britain, Germany, Japan and Russia were all deeply damaged and weakened, leaving the US to expand and solidify its empire for the next 75 years. The USSR was strong enough to provide some counterweight to US military power, chiefly by creating space for the emergence of replicas of its socialism . The collapse and disappearance of Eastern European socialism after 1989 and China’s major opening to both Chinese and foreign private capitalist investments in recent decades have combined to produce a broad crisis in socialism. European social democracy has steadily lost support across the continent. Neoliberalism had undermined social democracy ideologically even as economic realities provoked socially divisive immigration, automation and job exports.
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