Book Talk: Buying Time: The Delayed Crisis of Democratic Capitalism by Wolfgang Streeck (Panel)


Date: Apr 03, 2014

Panelists:
Wolfgang Streeck, Director, Max Planck Institute for the Study of Societies
Adam Tooze, Professor of History, Yale University
Katharina Pistor, Professor of Law, Columbia Law School
Bruce Kogut, Professor of Leadership and Ethics, Columbia Business School
Josh Whitford, Associate Professor of Sociology, Columbia University

Video of Book Talk with Wolfgang Streeck

In Buying Time (Verso Books), compiled from his Adorno Lectures given in Frankfurt, Wolfgang Streeck lays bare the roots of the present financial, fiscal and economic crisis, seeing it as part of the long neoliberal transformation of postwar capitalism that began in the 1970s. Linking up with the crisis theories of that decade, he analyzes the subsequent tensions and conflicts involving states, governments, voters and capitalist interests—a process in which the defining focus of the European state system has shifted from taxation through debt to budgetary “consolidation.” The book then ends by exploring the prospects for a restoration of social and economic stability. Buying Time shows that something deeply disturbing underlies the current economic situation: a metamorphosis of the whole relationship between democracy and capitalism.

View more BEI Seminar and Varieties of Capitalism events

Date: Apr 03, 2014

Panelists:
Wolfgang Streeck, Director, Max Planck Institute for the Study of Societies
Adam Tooze, Professor of History, Yale University
Katharina Pistor, Professor of Law, Columbia Law School
Bruce Kogut, Professor of Leadership and Ethics, Columbia Business School
Josh Whitford, Associate Professor of Sociology, Columbia University

Video of Book Talk with Wolfgang Streeck

In Buying Time (Verso Books), compiled from his Adorno Lectures given in Frankfurt, Wolfgang Streeck lays bare the roots of the present financial, fiscal and economic crisis, seeing it as part of the long neoliberal transformation of postwar capitalism that began in the 1970s. Linking up with the crisis theories of that decade, he analyzes the subsequent tensions and conflicts involving states, governments, voters and capitalist interests—a process in which the defining focus of the European state system has shifted from taxation through debt to budgetary “consolidation.” The book then ends by exploring the prospects for a restoration of social and economic stability. Buying Time shows that something deeply disturbing underlies the current economic situation: a metamorphosis of the whole relationship between democracy and capitalism.

View more BEI Seminar and Varieties of Capitalism events

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