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Can Democracy Survive Global Capitalism?

Nonfiction: History; Social Sciences
Unabridged   14.75 hour(s)
Publication date: 04/10/2018

Can Democracy Survive Global Capitalism?

Available from major retailers or BUY FROM AMAZON
Audio CD ISBN:9781684411146
Digital Download ISBN:9781684411153


In Can Democracy Survive Global Capitalism? one of our leading social critics recounts capitalism's finest hour, and shows us how we might achieve it once again.

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Product Description

Before and after World War II, 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. Under Roosevelt's New Deal, unions and collective bargaining were legalized. Glass-Steagall reined in speculative finance. At Bretton Woods, a global financial system was devised explicitly to allow nations to manage capitalism. Yet this golden era turned out to be lightning in a bottle. 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 postwar miracle, and charts its dissolution all the way to Trump, Brexit, and the tenuous state of the EU. Is today's poisonous alliance of reckless finance and ultra-nationalism inevitable? Or can democracy find a way to survive?

Author Bio

Robert Kuttner is the cofounder and coeditor of the American Prospect and is a former columnist for Businessweek, the Washington Post, and the Boston Globe. He holds the Ida and Meyer Kirstein Chair at Brandeis University and lives in Boston.