2011/09/30 by Wolfgang Streeck · 4 citations
Social Sciences · #Political Economy and Marxism
paper · doi:10.64590/mni
The roots of today’s Great Recession are usually located in the financial excesses of the 1990s. Wolfgang Streeck traces a much longer arc, from 1945 onwards, of tensions between the logic of markets and the wishes of voters—culminating, he argues, in the international tempest of debt that now threatens to submerge democratic accountability altogether beneath the storm-waves of capital.