How will capitalism end?, Wolfgang Streeck
How will capitalism end?, Wolfgang Streeck
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How will capitalism end?
Essays on a Failing System

Author: Wolfgang Streeck

Narrator: David Skulski

Unabridged: 11 hr 37 min

Format: Digital Audiobook Download

Published: 01/01/2018


Synopsis

AftAfter years of ill health, capitalism is now in a critical condition. Growth has given way to stagnation; inequality is leading to instability; and confidence in the money economy has all but evaporated.

In How Will Capitalism End?, the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues that the world is about to change. The marriage between democracy and capitalism, ill-suited partners brought together in the shadow of World War Two, is coming to an end. The regulatory institutions that once restrained the financial sector’s excesses have collapsed and, after the final victory of capitalism at the end of the Cold War, there is no political agency capable of rolling back the liberalization of the markets.

Ours has become a world defined by declining growth, oligarchic rule, a shrinking public sphere, institutional corruption and international anarchy, and no cure to these ills is at hand.

er years of ill health, capitalism is now in a critical condition. Growth has given way to stagnation; inequality is leading to instability; and confidence in the money economy has all but evaporated.

In How Will Capitalism End?, the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues that the world is about to change. The marriage between democracy and capitalism, ill-suited partners brought together in the shadow of World War Two, is coming to an end. The regulatory institutions that once restrained the financial sector’s excesses have collapsed and, after the final victory of capitalism at the end of the Cold War, there is no political agency capable of rolling back the liberalization of the markets.

Ours has become a world defined by declining growth, oligarchic rule, a shrinking public sphere, institutional corruption and international anarchy, and no cure to these ills is at hand.

Reviews

Goodreads review by howl of minerva on July 16, 2019

The first essay is 5-star and a must-read. See David M's review and others. After that it gets a bit repetitive. His euroscepticism raises very valid concerns but he kind of misses the point in that the purpose of the EU is to prevent further intra-European wars, particularly Franco-German.......more

Goodreads review by Dax on December 25, 2017

An interesting read that lacks a strong conclusion or takeaway. Yes, Streeck does a great job of showing our path from social democracy to consolidation state via neoliberalism. The chapter that focuses on the incompatibility of capitalism and democracy is the strongest aspect of the book and worth......more

Goodreads review by Athan on April 02, 2017

Comfortably the most provocative thing about this book is its title. Away from that, this collection of twelve essays on the decline of the market economy is very sober and sedate. It’s certainly no call to arms! Neither its content nor its style relate in any way to the sundry cod-revolutionaries wh......more

Goodreads review by Domhnall on January 16, 2018

The glass is half empty. This is not primarily because of either the contemporary triumph of capitalism or its imminent catastrophic demise but because there is no evident alternative in view. The introduction to this collection of essays is oppressively pessimistic and I was initially reluctant to......more

Goodreads review by Adam on February 13, 2017

Finally got around to reading this after hearing Paul Kennedy interview the author on CBC's Ideas. Mixed feelings. It's incredibly soporific, but occasionally he busts out a passage like this: How should we imagine a capitalism which is not dependent, for the sake of social cohesion, on a bloated cre......more