Revised and completely updated edition of Jonathan Steinberg's classic account of Switzerland's unique political and economic system. Why Switzerland? examines the complicated voting system that allows citizens to add, strike out, or vote more than once for candidates, with extremely complicated systems of proportional representation; a collective and consensual executive leadership in both state and church; and the creation of the Swiss idea of citizenship, with tolerance of differences of language and religion, and a perfectionist bureaucracy which regulates the well-ordered society. This third edition tries to test the flexibility of the Swiss way of politics in the globalized world, social media, the huge expansion of money in world circulation and the vast tsunamis of capital which threaten to swamp it. Can the complex machinery that has maintained Swiss institutions for centuries survive globalization, neo-liberalism and mass migration from poor countries to rich ones?