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  • Print publication year: 2020
  • Online publication date: February 2020

27 - The Politics of Economic Crisis

from IV - Civil Society: The Roots and Processes of Political Action

Summary

Throughout its history, Europe has gone through various phases of economic downturn. A major one, known as the Great Recession, started out in 2008, first as a financial crisis and then as one of the deepest – if not the deepest – economic crises European countries have had to face so far. Europeans are still struggling with its negative effects. As citizens try to cope with such negative effects in their everyday lives, economic crises also have political effects. At the most basic level, two possible reactions may be mentioned. On the one hand, economic hardship may lead to a decline in political participation and civic engagement as the experience of economic difficulty can certainly be understood as draining resources from political participation.

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