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Jan 1, 2019 · This book aims to bring the study of capitalism back to the forefront of critical theory. In doing so, Nancy Fraser and Rahel Jaeggi lay out a bold agenda for a theoretical approach that, in their view, has become almost indistinguishable from liberalism (pp. 5–6).
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Dec 12, 2023 · Nancy Fraser was one of the first critical theorists to revive crisis critique and to do so as part of a comprehensive critique of capitalism that renews the link between analytical diagnosis and critique (Fraser 2011, 2014; see Wellmer 2014 for a critique of the Frankfurt School’s earlier neglect).
Sep 8, 2022 · Critical theorists, on the other hand, tend to treat the capitalist economy and democratic politics as holistically distinguishable spheres of activity. This holistic perspective not only helps critical theorists to more clearly present capitalism and democracy as two conflicting modes of sociation.
But as Albrecht Wellmer has recently reminded us “the very term critical theory was coined in a secret reference to Marx’s critique of political economy.” 1 The task was to overcome capitalism and its pathologies; issues of politics, including democratic politics, took a back seat.
If we were to trace the evolution of capitalism and democracy through two centuries of coexistence, we would find many examples of how changes in growth and representation regimes have altered the relationship between capitalism and democracy.
Dec 30, 2023 · Highlights the characteristics of modern capitalism and how it differs from classical capitalism; Examines the relationship between poverty and inequality and modern state capitalism; Discusses how modern economic development has created growth and innovation to nations and individuals
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Jul 10, 2021 · Global capitalism seems to be placing democracy, especially liberal democracy, under considerable stress. Support for populism has surged, especially for extreme right parties with populist and authoritarian programs.