In Today S Globalized World, Two Forces Are Competing For Dominance In Countries Governed By The Rule-Of-Law: Liberation Democracy And Social Democracy. For Liberation Democracy The Essential Constituents Of Social Freedom Are To Be Found In Self-Regulated Markets And The Unrestricted Right To Private Property. Social Democracy, On The Other Hand, Underlines The Importance Not Only Of Civil And Political Rights, But Also Basic Social And Economic Rights. It Calls For Social Safeguards To Be Regarded A Fundamental Right, Promotes Social Inclusion And Accords Priority To Political Responsibility Over Market Forces. As Economic And Social Risks Multiply In A Globalized World, Social Democracy Has A Role To Play Not Only Within Individual Societies But Also In Shaping The World Order As A Whole. This Books Shows Different Ways In Which Social Democracy Can Be Designed To Meet Future Needs. It Compares Various Models Of Social Democracy And Their Respective Contributions Towards The Legitimacy And Stability Of The Democratic Order.

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