Coalize, I see it that Europe went through right, liberal-oriented economic policy with limited unions, privatization, and wider deregulation of markets. On the other hands, its political system is very left-oriented, anti-conservative, with goal destroying nation-states and socially re-engineering the Continent through multiculturalism. The outcome of these two policies in this decade lead to widespread social, economic, and political decline of Europe in every aspect of life. Unemployment for younger people created a generation that will not be able to acquire proper work-related ethics and will push them into lasting poverty.
The traditional view of the Left as known through Marx-Leninism is thing of the past. The left does not talk about nationalization, classless society, and revolution of the proletariat. However, it does not mean, that the left had disappeared. The right oriented parties and ideology is also bankrupted. The outcome is political apathy and low participation in the democratic system.