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Jul 26, 2014 · If one insists that democracy is more than the minimalist concept proposed by Joseph Schumpeter and takes the imperative of political equality and Hans Kelsen’s dogma of “autonomous norms” seriously, the present form of financialized “disembedded capitalism” poses considerable challenges to democracy.
- Wolfgang Merkel
- wolfgang.merkel@wzb.eu
- 2014
Feb 8, 2022 · First, depicting the double movement as a process of dis-embedding and re-embedding understates the significance of the disembedded economy and the challenges of resolving the double movement within capitalism.
Oct 1, 2014 · Capitalism and democracy follow different logics: unequally distributed property rights on the one hand, equal civic and political rights on the other; profit-oriented trade within capitalism in...
- Wolfgang Merkel
Jul 10, 2021 · Global capitalism seems to be placing democracy under considerable stress. Inequality, insecurity, and interdependence have surged globally and appear to be key sources of stress. Populist challenges, from the left as well as the right, to democratic constitutional processes have been growing around the world.
How are we to understand the relationship between capitalism and democracy? This issue is on the public agenda again. “Is Capitalism a Threat to Democracy?” asks an article in The New Yorker. “Are Capitalism and Democracy Compatible?” asks the Huffington Post.
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- 54
May 24, 2016 · Three key events have brought the question of capitalism and democracy back into the public and scientific debate in recent years: the global financial crisis of 2008, the Greek tragedy within the Eurozone (EMU), and the publication of Thomas Piketty’s book “Capital in the twenty-first century” .
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Is 'disembedded capitalism' a challenge to democracy?
Is global capitalism putting democracy under stress?
Is the relationship between capitalism and Democracy immutable?
Is capitalism Democratic?
Is capitalism incompatible with democracy?
Does capitalism lead to democratization?
This article argues that the relationship between capitalism and democracy is not immutable but subject to changes over time best understood as movements across distinctive growth and representation regimes.
