Buying Time: The Delayed Crisis of Democratic Capitalism by Wolfgang Streeck
Buying Time: The Delayed Crisis of Democratic Capitalism Wolfgang Streeck ebook
Publisher: Verso Books
Mar 19, 2014 - Instead, the Great Depression was a unique historical occurrence—the delayed consequence of the monumental folly of the Great War, abetted by the financial deformations spawned by modern central banking. Nov 8, 2011 - Capitalism Is The Crisis: Radical Politics in the Age of Austerity examines the ideological roots of the austerity agenda and proposes revolutionary paths out of the current crisis. We trade progress, actual cosmic progress for luxuries despite all warnings from every side Man insists on running his busy world with gasoline. Jul 11, 2012 - In every capitalist boom there is an element of speculation, which is only revealed with the onset of crisis. The only A crisis of overproduction can be delayed for a time by artificially expanding demand through consumer credit. Feb 6, 2012 - As more academic literature is likely to emerge on the global financial crisis, Democracy under stress is an interesting edited volume on the topic that at the same time is even more elucidative on the current state of political science. When this outcome was avoided by the narrow victory of Samaras and the New Democracy, the bourgeois breathed an audible sigh of relief. But ironically, the “failure of capitalism” explanation When the bubble burst in 1929, the financial system experienced the time-honored capitalist cure—-a sweeping liquidation of bad debts and under-capitalized banks. If you look back at the history of the last 20 years, you come to the realization that firms like Goldman Sachs, for example, has been bailed out five times over the last 20 years. May 8, 2014 - These lectures formed the basis for Streeck's recent book, Gekaufte Zeit, Suhrkamp 2013; the English translation is Buying Time: The Delayed Crisis of Democratic Capitalism, Verso, 2014. For what we have lived these days, and seen in spirit, will come a thousand times stronger when our way of life cannot be sustained. Jun 10, 2013 - If I were to define crony-capitalism, I really use the term cronyism because I don't think that it speaks of capitalism per se, but cronyism is essentially where economic decisions in terms of who accumulates wealth and who doesn't, is not based on merit, it's not based on economic prowess or success or meeting . It might Nobody wants to buy Spanish debt unless they receive a punitively high rate of interest.