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Is Europe's old order too big to fail?

Are the two major party blocs that have dominated European politics since the immediate post-WWII period too big to fail? The evidence suggests not — so what are they going to do about it?

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Credit: Ronald Zak/AP/Press Association Images. All rights reserved.
Credit: Ronald Zak/AP/Press Association Images. All rights reserved.

Election posters of Alexander Van der Bellen (right) and Norbert Hofer, two successful alternative candidates in Austria's presidential elections earlier in 2016. Credit: Ronald Zak/AP/Press Association Images. All rights reserved.For the past five decades, European politics has been characterised by a simple paradigm: alternating power between two large blocs. Usually, this includes a Christian-democratic centre-right group and a social-democratic centre-left one — with a substantially smaller liberal party often playing kingmaker between the two. 

The domination of continental politics by these two political families has been such that, in the mid-2000s, it was very difficult for a party to imagine itself as a party-in-power if it did not belong to — and have the support of — one of the two major European political families.