How Will Capitalism End?

How Will Capitalism End?

Essays on A Failing System

Book - 2016
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The provocative political thinker asks if it will be with a bang or a whimper

After years of ill health, capitalism is now in a critical condition. Growth has given way to stagnation; inequality is leading to instability; and confidence in the money economy has all but evaporated.

In How Will Capitalism End? , the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues that the world is about to change. The marriage between democracy and capitalism, ill-suited partners brought together in the shadow of World War Two, is coming to an end. The regulatory institutions that once restrained the financial sector's excesses have collapsed and, after the final victory of capitalism at the end of the Cold War, there is no political agency capable of rolling back the liberalization of the markets.

Ours has become a world defined by declining growth, oligarchic rule, a shrinking public sphere, institutional corruption and international anarchy, and no cure to these ills is at hand.
Publisher: London : Verso, 2016.
ISBN: 9781784784010
178478401X
Branch Call Number: 330.122 STR
Characteristics: x, 262 pages : illustrations ; 23 cm

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dirtbag1
Sep 16, 2017

I enjoyed this book because I can agree with much of the material. At times not the easiest to digest it gives a broad perspective of how we wound up with finance capitalism as the driving force of our developed world. I wish it gave a bit more of a methodology on what must be done to regain control of our democratic institutions and reign in the greedy.

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RBVanDyke
Jun 16, 2017

An academic exploration of capitalism, especially the post-1980s version. As another book, "Killing the Host", also addresses, "How Will Capitalism End?" explores capitalism's transformation from industrial capitalism to finance capitalism. The former used credit to build things; the latter considers credit, or perhaps more accurately indebtedness, no matter how unproductive to human society as a whole, to be the product.

"How Will Capitalism End" seemed to me to contain a lot of wishful thinking. That is to say that while the book does enumerate many of the structural flaws of finance capitalism that make it unsustainable over the longer term, the book hopes that something rational and more equitable will results from its collapse. We'll see...

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bibliomutti
Jun 11, 2017

Very dense with complex ideas, written in a style typical of hard core academia. Worth the read for its cogent analysis. However do not expect any happy predictions... and certainly do not expect an answer to the question that serves as this publication's title.

"The future's so bright.... I've got to wear shades."

s
StarGladiator
Dec 20, 2016

I like this guy! And please pay close attention to Chapter 7. This book explains how America ended up with the two worst possible candidates, Hillary Rodham Clinton and Donald Trump. [Not to worry, though, oh Clinton Cult Members: the Trumpster has appointed Soros people and Clinton/Schumer supporters, probably be business as usual, no doubt!]

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