A Country on a Tightrope: The Economic Crisis and the End of an Era in Spanish Politics

This commentary tries to study the current socio-economic crisis in Spain and the end of the political era which began with transition to democracy in the second half of the 1970s. Following pages deal with the intense rise of the unemployment rate and the social drama caused by the increase of material inequalities in Spain. It also analyzes the political crisis that threatens to destroy the institutional model which was crafted after 40 years of harsh dictatorship. All these factors are provoking political suspicion and social despair among some sectors of Spanish society. But there are not only feelings of disappointment and defeat in Spain. The large-scale protests that have engulfed the country over the last two years represent a powerful social force for grass-root democratic regeneration in this part of the Iberian Peninsula.