The decline of European socialism -- smack-dab in the middle of the failure of laissez-faire capitalism -- continues apace. On Sunday, the pre-eminent party of European socialism, the German Social Democrats (SDP), had their worst election since the end of World War II, winning a scant 23 percent of the vote, down from 34 percent the last time the Germans went to the polls.




In September, 2009 Atlantic Monthly named 
