Can democracy survive capitalism?
"In the years surrounding the Second World War, a serendipitous confluence of events created a healthy balance between the market and the polity-between the engine of capitalism and the egalitarian ideals of democracy. Yet, from the 1970s on, a power shift occurred in which financial regulation...
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| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
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New York
2018
W.W. Norton & Company |
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| Online Access: | https://www.labourline.org/KENTIKA-19398415124911166979-Can-democracy-survive-capitali.htm |
| Summary: | "In the years surrounding the Second World War, a serendipitous confluence of events created a healthy balance between the market and the polity-between the engine of capitalism and the egalitarian ideals of democracy. Yet, from the 1970s on, a power shift occurred in which financial regulations were rolled back, taxes were cut, inequality worsened and disheartened voters turned to far-right, faux populism.
Robert Kuttner lays out the events that led to the post-war miracle and charts its dissolution all the way to Trump, Brexit and the tenuous state of the EU. He asks whether today's poisonous alliance of reckless finance and ultra-nationalism is inevitable, and whether democracy can find a way to survive. " |
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| Physical Description: | XXII, 359 p. Paper |