The document analyzes changes in party stability in Western democracies between 1945-1970 and 1970-1995 using four indicators: electoral volatility, elasticity of party support, variability of party support, and trends in party gains and losses. It finds that all regions experienced a significant increase in electoral volatility and variability of party support between the two periods, indicating declining party stability. The rise of new "postmaterialist" parties in the 1970s and 1980s, which appealed to new social cleavages, contributed most to political instability compared to older and interwar established parties.