Buying time : the delayed crisis of Democratic Capitalism /
Streeck, Wolfgang
Buying time : the delayed crisis of Democratic Capitalism / Wolfgang Streeck - 2nd ed. - Verso Books, 2017. - 220 p.
Buying Time examines the long-term crisis of democratic capitalism, arguing that the 2008 financial crisis was not an isolated event but the culmination of structural tensions that began in the 1970s. Streeck contends that advanced capitalist democracies repeatedly postponed economic and political crises through successive strategies—first inflation, then public debt, followed by private debt, and finally fiscal austerity. These measures delayed rather than resolved the underlying contradictions between capitalism and democracy.
9781781685488
Democracy--Economic aspects
Capitalism--Public debt
Political economy -- Globalization
330.122 STR
Buying time : the delayed crisis of Democratic Capitalism / Wolfgang Streeck - 2nd ed. - Verso Books, 2017. - 220 p.
Buying Time examines the long-term crisis of democratic capitalism, arguing that the 2008 financial crisis was not an isolated event but the culmination of structural tensions that began in the 1970s. Streeck contends that advanced capitalist democracies repeatedly postponed economic and political crises through successive strategies—first inflation, then public debt, followed by private debt, and finally fiscal austerity. These measures delayed rather than resolved the underlying contradictions between capitalism and democracy.
9781781685488
Democracy--Economic aspects
Capitalism--Public debt
Political economy -- Globalization
330.122 STR
