Voted one of the “Best Books of the Year” by Times Higher Education, Guardian, and Financial Times
A major collection of essays that asks if contemporary capitalism will end with a bang or a whimper—from the provocative political thinker behind Buying Time
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 How Will Capitalism End?, the acclaimed analyst of contemporary politics and economics 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 II, 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 liberalization 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.
- ISBN10 1786632985
- ISBN13 9781786632982
- Publish Date 14 November 2017 (first published 25 October 2016)
- Publish Status Active
- Publish Country US
- Imprint Verso
- Format Paperback (US Trade)
- Pages 272
- Language English
- URL https://penguinrandomhouse.com/books/isbn/9781786632982