Buying time : the delayed crisis of democratic capitalism

Resource Information

The work Buying time : the delayed crisis of democratic capitalism represents a distinct intellectual or artistic creation found in European University Institute. This resource is a combination of several types including: Work, Language Material, Books.

Label

Buying time : the delayed crisis of democratic capitalism

Title remainder

the delayed crisis of democratic capitalism

Statement of responsibility

Wolfgang Streeck ; translated by Patrick Camiller

Creator

• Streeck, Wolfgang, 1946-

Contributor

• Camiller, Patrick

Translator

• Camiller, Patrick

Subject

• Capitalism
• Democracy -- Economic aspects
• Economic policy
• Neoliberalism
• Financial crises

Language

• eng
• ger
• eng

Summary

• "The financial crisis keeps us on edge and creates a diffuse sense of helplessness. Well-nigh unfathomable problems lead to measures that seem like emergency operations on the open heart of the Western world, performed with no knowledge of the patient's clinical history. The gravity of the situation is matched by the paucity of our understanding of it, and of how it came about in the first place. In this book, compiled from his Adorno Lectures given in Frankfurt, Wolfgang Streeck lays bare the roots of the present financial, fiscal and economic crisis, seeing it as part of the long neoliberal transformation of postwar capitalism that began in the 1970s. Linking up with the crisis theories of that decade, he analyses the subsequent tensions and conflicts involving states, governments, voters and capitalist interests--a process in which the defining focus of the European state system has shifted from taxation through debt to budgetary "consolidation." The book then ends by exploring the prospects for a restoration of social and economic stability. Buying Time is a model of enlightenment. It shows that something deeply disturbing underlies the current situation: a metamorphosis of the whole relationship between democracy and capitalism."--
• "The financial and economic crisis that began in 2008 still has the world on tenterhooks. The gravity of the situation is matched by a general paucity of understanding about what is happening and how it started. In this book, based on his 2012 Adorno Lectures given in Frankfurt, Wolfgang Streeck places the crisis in the context of the long neoliberal transformation of postwar capitalism that began in the 1970s. He analyses the subsequent tensions and conflicts involving states, governments, voters and capitalist interests, as expressed in inflation, public debt, and rising private indebtedness. Streeck traces the transformation of the tax state into a debt state, and from there into the consolidation state of today. At the centre of the analysis is the changing relationship between capitalism and democracy, in Europe and elsewhere, and the advancing immunization of the former against the latter."--

Member of

• Gekaufte Zeit

Assigning source

• Provided by publisher
• Provided by publisher

Cataloging source

IT-FiEUI

Dewey number

330.122094

Illustrations

illustrations

Index

index present

Literary form

non fiction

Nature of contents

bibliography