Can Democracy Survive Global Capitalism? Paperback / softback
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.
- Format: Paperback / softback
- Pages: 384 pages
- Publisher: WW Norton & Co
- Publication Date: 16/04/2019
- Category: Economic theory & philosophy
- ISBN: 9780393356892