Assertion: democracy's party | /r/CapableOf | experience drastic decline
Facets:
value: by the 2010s
type: TEMPORAL
Source sentences:
text: By the 2010s, social-democratic parties that accepted triangulation and the neoliberal shift in policies such as austerity, deregulation, free trade, privatization and welfare reforms such as workfare experienced a drastic decline as the Third Way had largely fallen out of favour in a phenomenon known as Pasokification.