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In the framework of a world-system type of analysis, the perspectives of the European left after the decline of Soviel type socialism are described as a response to the polarization between the Third and the First World: In contrast to the capitalist mode of production in the centre, which operates as a market-based integration of the circulation of capital, of commodities and of labour power, labour in the periphery is blocked. In view of the contradiction between capital accumulation on a world-level and political and social governance on national levels, a socialist strategy should be based on a new internationalism, emphasizing regional alliances whose expansion is coupled to the increase in the unfettered mobility of labour.

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