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Buying Time: The Delayed Crisis of Democratic Capitalism

Name: Buying Time: The Delayed Crisis of Democratic Capitalism
Price: 15.95 USD
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Rating: 4.3 (33 reviews)

4.30 of 5 Stars: International - Buying Time: The Delayed Crisis of Democratic Capitalism

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Book Synopsis: The aftershocks of the economic crisis that began in 2008 still rock the world, and have been followed by a crisis in democratic governance. The gravity of the situation is matched by a general paucity of understanding as to precisely what is happening and how it started.In this new edition of a highly acclaimed book, Wolfgang Streeck revisits his recent arguments in the light of Brexit and the continued crisis of the EU. These developments are only the latest events in the long neoliberal transformation of postwar capitalism that began in the 1970s, a process that turned states away from tax toward debt as a source of revenue, and from that point into the 'consolidation state' of today. Central to this analysis is the changing relationship between capitalism and democracy—in Europe and elsewhere—and the advancing immunization of the former against the latter.

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Discover the hidden truths behind the economic crisis that shook the world in 2008 and its dire consequences on democratic governance. Introducing "Buying Time: The Delayed Crisis of Democratic Capitalism" by Wolfgang Streeck, an acclaimed and highly informative book that unravels the complex web of factors that led to this global debacle.

With a keen focus on the postwar capitalist transformation, Streeck delves into the evolution of capitalism in the wake of the 1970s neoliberal revolution. Uncover the startling shift from taxation to debt as a primary revenue source for governments and delve into the implications of this consolidation state that dominates our society today.

This new edition of Streeck's book is even more relevant in today's turbulent times, with the Brexit phenomenon and the ongoing crises faced by the European Union. Gain invaluable insights into these recent events and how they tie into the broader capitalist-democratic relationship across Europe and beyond.

Don't miss your chance to gain a deeper understanding of the intricacies that plague our economic systems. "Buying Time" is a must-read for anyone seeking to unravel the connections between capitalism, democracy, and the unsettling immunization of the former against the latter. Take the first step towards enlightenment and grab your copy of "Buying Time: The Delayed Crisis of Democratic Capitalism" now.

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