The economic crisis calls for social-democratic answers. The fading mass purchasing power (in Germany) is due to the increasing inequality of income and wealth. Deregulation promotes social problems like precariousness and greater income inequality.
A society of social descent, precariousness and polarization has emerged out of the society of ascent and social integration. The social state was the institutional form of the counter-movement and is a de-commodifying institution since it socializes risks.