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Buying Time - The Delayed Crisis of Democratic Capitalism (Paperback, 2nd Revised edition)
Loot Price: R555
Discovery Miles 5 550
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Buying Time - The Delayed Crisis of Democratic Capitalism (Paperback, 2nd Revised edition)
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Loot Price R555
Discovery Miles 5 550
Expected to ship within 12 - 17 working days
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The financial and economic crisis that began in 2008 still has the
world on tenterhooks. The gravity of the situation is matched by a
general paucity of understanding about what is happening and how it
started. In this book, based on his 2012 Adorno Lectures given in
Frankfurt, Wolfgang Streeck places the crisis in the context of the
long neoliberal transformation of postwar capitalism that began in
the 1970s. He analyses the subsequent tensions and conflicts
involving states, governments, voters and capitalist interests, as
expressed in inflation, public debt, and rising private
indebtedness. Streeck traces the transformation of the tax state
into a debt state, and from there into the consolidation state of
today. At the centre of the analysis is the changing relationship
between capitalism and democracy, in Europe and elsewhere, and the
advancing immunization of the former against the latter. In this
new edition, Streeck has added a substantial postface on the
reception of the book and the unfolding of the crisis in the
Eurozone since 2014.
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