TY - BOOK AU - Streeck, Wolfgang TI - Buying time: the delayed crisis of Democratic Capitalism SN - 9781781685488 U1 - 330.122 STR 23 PY - 2017/// PB - Verso Books KW - Democracy--Economic aspects KW - Capitalism--Public debt KW - Political economy -- Globalization N2 - 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 ER -