How Will Capitalism End?: Essays on a Failing System

How Will Capitalism End?: Essays on a Failing System

by Wolfgang Streeck
How Will Capitalism End?: Essays on a Failing System

How Will Capitalism End?: Essays on a Failing System

by Wolfgang Streeck

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Overview

One of the “Best Books of the Year”: Guardian • Financial Times Times Higher Education

A major collection of essays that questions whether contemporary capitalism will end with a bang or a whimper—from a leading political economist and the author of Buying Time.

After 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 II, 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.

Product Details

ISBN-13: 9781784784034
Publisher: Verso Books
Publication date: 11/29/2016
Sold by: Penguin Random House Publisher Services
Format: eBook
Pages: 272
File size: 2 MB

About the Author

Wolfgang Streeck is the Director of the Max Planck Institute for Social Research in Cologne and Professor of Sociology at the University of Cologne. He is an Honorary Fellow of the Society for the Advancement of Socio-Economics and a member of the Berlin Brandenburg Academy of Sciences as well as the Academia Europaea. His previous books include Buying Time: The Delayed Crisis of Democratic Capitalism.

Table of Contents

List of Figures vii

A Note on the Text ix

Introduction 1

Chapter 1 How Will Capitalism End? 47

Chapter 2 The Crises of Democratic Capitalism 73

Chapter 3 Citizens as Customers: Considerations on the New Politics of Consumption 95

Chapter 4 The Rise of the European Consolidation State 113

Chapter 5 Markets and Peoples: Democratic Capitalism and European Integration 143

Chapter 6 Heller, Schmitt and the Euro 151

Chapter 7 Why the Euro Divides Europe 165

Chapter 8 Comment on Wolfgang Merkel, 'Is Capitalism Compatible with Democracy?' 185

Chapter 9 How to Study Contemporary Capitalism? 201

Chapter 10 On Fred Block, Varieties of What? Should We Still Be Using the Concept of Capitalism?' 227

Chapter 11 The Public Mission of Sociology 237

Index 253

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