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Can democracy survive global capitalism?

A leading social critic recounts capitalism’s finest hour and shows us how we might achieve it once again. In the years surrounding the Second World War, a serendipitous confluence of events created a healthy balance between the market and the polity—between the engine of capitalism and the egalita...

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Bibliographic Details
Main Author: Kuttner, Robert
Format: Printed Book
Published: New York W W Norton & co. 2018
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Description
Summary:A leading social critic recounts capitalism’s finest hour and shows us how we might achieve it once again. In the years surrounding the Second World War, a serendipitous confluence of events created a healthy balance between the market and the polity—between the engine of capitalism and the egalitarian ideals of democracy. Yet, from the 1970s on, a power shift occurred in which financial regulations were rolled back, taxes were cut, inequality worsened and disheartened voters turned to far-right, faux populism. Robert Kuttner lays out the events that led to the post-war miracle and charts its dissolution all the way to Trump, Brexit and the tenuous state of the EU. He asks whether today’s poisonous alliance of reckless finance and ultra-nationalism is inevitable, and whether democracy can find a way to survive.
Physical Description:xxii, 359 p.
ISBN:9780393609936 (hardcover)