By Wolfgang Streeck
The provocative political philosopher asks if it will likely be with a bang or a whimper
After years of unwell wellbeing and fitness, capitalism is now in a serious situation. progress has given technique to stagnation; inequality is resulting in instability; and self belief within the funds economic climate has all yet evaporated.
In How Will Capitalism End?, the acclaimed analyst of up to date politics and economics Wolfgang Streeck argues that the realm is set to alter. the wedding among democracy and capitalism, ill-suited companions introduced jointly within the shadow of worldwide conflict , is coming to an finish. The regulatory associations that when confined the monetary sector’s excesses have collapsed and, after the ultimate victory of capitalism on the finish of the chilly struggle, there isn't any political organization in a position to rolling again the liberalization of the markets.
Ours has turn into an international outlined via declining development, oligarchic rule, a shrinking public sphere, institutional corruption and foreign anarchy, and no remedy to those ills is handy.