Buying Time: The Delayed Crisis of Democratic Capitalism

Buying Time: The Delayed Crisis of Democratic Capitalism

Wolfgang Streeck, 2014

Overview

The book examines the ongoing global impact of the financial and economic crisis that began in 2008. Drawing on his 2012 Adorno Lectures, Wolfgang Streeck contextualizes the crisis within the long neoliberal transformation of postwar capitalism since the 1970s. It analyzes the resulting tensions between states, governments, voters, and capitalist interests, manifesting in inflation, public debt, and private indebtedness. The analysis traces the evolution from a tax state to a debt state, and finally to the current consolidation state.

Who it's for

• Readers interested in the economic and political history of capitalism.
• Those seeking to understand the roots of the 2008 financial crisis.
• Individuals interested in the relationship between democracy and capitalism.

Key features

• Paperback edition
• Published in 2014
• 192 pages
• ISBN: 9781781685488
• Publisher: Marston Book Services