The provocative political thinker asks if it will be with a bang or a whimper
Wolfgang Streeck is the director of the Max Planck Institute for Social Research in Cologne and Professor of Sociology at the University of Cologne. He is an Honorary Fellow of the Society for the Advancement of Socio-Economics and a member of the Berlin Brandenburg Academy of Sciences as well as the Academia Europaea.
Streeck's title question-though never answered-opens a window onto
the conflict between capitalism and democracy in the neoliberal
era. That such a conflict exists is no surprise in Brazil, and
still hidden to many in the United States, but a rude and
inescapable shock to those who grew up with the comfortable
illusions and utopian hopes of post-war Europe.
*James Galbraith, author of The End of Normal*
Neoliberalism continues to delimit political choice across the
globe yet it is clear that the doctrine is in severe crisis. In
Wolfgang Streeck's powerful new book How Will Capitalism End?
Streeck demonstrates that the maladies afflicting the world-from
secular stagnation to rising violent instability-herald not just
the decline of neoliberalism, but what may prove to be the terminal
phase of global capitalism.
*Paul Mason, author of Postcapitalism*
At the heart our era's deepening crisis there lies a touching faith
that capitalism, free markets and democracy go hand in hand.
Wolfgang Streeck's new book deconstructs this myth, exposing the
deeply illiberal, irrational, anti-humanist tendencies of
contemporary capitalism.
*Yanis Varoufakis, author of And the Weak Suffer What They
Must?*
Streeck writes devastatingly and cogently . How Will Capitalism
End? provides not so much a . forecast as a warning.
*Financial Times*
As the economic gloom deepens to the pitch black night of
geopolitical crisis, in the economics departments of the world
there can still be heard the confident chuckle: "but capitalism
always survives". Wolfgang Streeck's book How Will Capitalism End?
An extended riff on the possibility of the mainstream economists
being wrong. Streeck synthesises the various strands of left crisis
theory into a convincing proposal
*Guardian Books of the Year 2016*
How Will Capitalism End? offers a powerful prognosis that predicts
that the system will suffer a lingering death rather than go out
with a bang...there are so many startling formulations of great
analytic power in this book that it merits wide circulation in
these troubled times.
*Morning Star*
The most interesting person around today on the subject of the
relationship between democracy and capitalism
*Christopher Bickerton, University of Cambridge*
This collection will be at the centre of social research for years
to come
*Times Higher Education [Books of 2016]*
The most interesting person on the most urgent subject of our
times
*Guardian*
Democratic capitalism is in bad shape. The crisis of 2007-09 and
subsequent election of Donald Trump demonstrate that. In this book,
German sociologist Streeck argues that capitalism is doomed, as
many have before. But he does not believe it will be replaced by
something better. Instead a new Dark Ages lies ahead.
*Financial Times [Best Economics Books 2016]*
An important and stimulating book. It is especially interesting in
the light of fashionable preoccupations with secular stagnation,
the march of robots and the lamentable performance of most leading
economies since the onset of the financial crisis.
*William Keegan, author of Mr Osborne’s Economic Experiment*
Streeck has become one of Europe's most sophisticated and
pessimistic left-wing Euroskeptics...[his] criticism of the
eurozone is powerful.
*Bookforum*
Not one to embrace the 'voluntaristic illusions' of 'we the
people,' Streeck sees such fantasies as part of a deeper structural
crisis ... Neoliberalism, in fragmenting workers and consumers into
desperately precarious personal brands, has made mass organization
effectively impossible, while traditional political channels have
been systematically choked off. Capitalism, therefore, won't be
overthrown. It will kill itself through its own power to overcome
the restraints that bind it.
*n+1*
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