Abstract
The article examines the problem of the French socialist party political evolution in the late 20th – early 21st centuries. Analyzing the recent history of the party the author considers the key contradiction of its contemporary development – the inability of the French socialism to reshape its identity in an age of the communist parties' collapse and the European social democracy transformation according to the “Third Way” concept. The prospects of overcoming of this contradiction in light of François Hollande’s election win in 2012 are emphasized.
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