Paperback How will capitalism end? : essays on a failing system / Wolfgang Streeck.
Publication year: 2017
Publisher: London : Verso,
Resource type: Physical
ISBN: 9781786632982 (pbk.) :
Originally published: 2016.
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 this book, 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 Two, 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 liberalisation 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.
x, 262 pages : illustrations (black and white) ; 24 cm