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The crises and contradictions of democratic capitalism have finally become internationalized, playing themselves out not just within states but also between them, in combinations and permutations as yet unexplored.
- The Return of The Repressed
This surplus population of a revived capitalism on the move...
- How Will Capitalism End
T here is a widespread sense today that capitalism is in...
- Engels's Second Theory
Engels’s claim was that, in the wake of the forthcoming...
- Progressive Regression
34 Wolfgang Streeck, ‘The Rise of the European Consolidation...
- Citizens as Customers
The late 1960s and early 70s were, we now know, a watershed...
- The Return of The Repressed
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.
Nov 5, 2018 · What are excluded, above all, are crises grounded in inter-realm contradictions—contradictions that arise when capitalism’s economic imperatives collide with the reproduction imperatives of the non-economic realms whose health is essential to ongoing accumulation, not to mention to human well-being.
Martin Wolf begins The Crisis of Democratic Capitalism by observing: “As the Cold War ended, in 1989, many agreed … that the Western synthesis of liberal democracy with the free market had won a decisive victory over its ideological enemies …
- 1 Rational Markets and Irrational Democrats
- 2 The Frayed Ends of Democratic Capitalism
- 3 Capital and Coloniality
Already in the 1940s, Schumpeter lamented that the true benefits of capitalism can only be appreciated by those taking a much more long-term, utilitarian view of society and progress than could be expected of most citizens (Schumpeter 2003 [1943]: 144–5). Hayek, for his part, worried that a citizenry of “employees” will fail to appreciate the needs...
Criticism of postwar social democracy was not confined to liberal conservatives. Ironically, as the intellectual parents of neoliberalism were using rational choice models to show the limits of the democratic welfare state, critical theorists of the New Left were accusing the democratic welfare state of turning citizens into the “one-dimensional” m...
While many anticolonial thinkers of the mid-twentieth century took inspiration from Marxist revolutionary theory, its limitations when transposed from the capitalist core to the global periphery were apparent. For one thing, classical Marxism proved no less beholden than other European accounts of modernity to a philosophy of history that harbored ...
Nov 12, 2011 · Abstract. The “financial crisis” and its sequel, the current sovereign debt crisis, appear to be the latest permutations of an old conflict between capitalism and democracy that forcefully reasserted itself after the end of the postwar growth period.
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The Crises of Democratic Capitalism. W. Streeck. Published 2011. Political Science, Sociology, Economics. New Left Review. The collapse of the American financial system that occurred in 2008 has since turned into an economic and political crisis of global dimensions.
