Bruno Amable is professor of political economy at the University of Geneva. His research focuses on comparative capitalism and the political economy of institutions and change. He is the author of The Diversity of Modern Capitalism (OUP 2003) and Structural Crisis and Institutional Change in Modern Capitalism. French Capitalism in Transition (OUP 2017). Stefano Palombarini is assistant professor of economics at the university Paris 8. He has worked on the political economy of the Italian political crisis and is the author of La rupture du compromis social italien. Un essai de macroéconomie politique (CNRS Editions 2001) and, co-authored with Bruno Amable, L’économie politique n'est pas une science morale (Raisons d'Agir 2005).
In the authors' view, all the major parties in France have given up on the traditional postwar 'social-liberal' compromise that combined moves toward fluid labor markets, external openness, and EU cooperation with continued redistribution, social solidarity, and upward mobility. -Andrew Moravcsik, Foreign Affairs