OUT NOW:

How Will Capitalism End?

By Wolfgang Streeck

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

https://www.versobooks.com/books/2094-how-will-capitalism-end

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The acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues that capitalism is now in a critical condition. Growth is giving way to secular stagnation; inequality is leading to instability; and confidence in the capitalist money economy has all but evaporated. Capitalism’s shotgun marriage with democracy since 1945 is breaking up as the regulatory institutions restraining its advance have collapsed, and after the final victory of capitalism over its enemies no political agency capable of rebuilding them is in sight. The capitalist system is stricken with at least five worsening disorders for which no cure is at hand: declining growth, oligarchy, starvation of the public sphere, corruption and international anarchy.

In this arresting book Wolfgang Streeck asks whether we are witnessing a long and painful period of cumulative decay: of intensifying frictions, of fragility and uncertainty, and of a steady succession of “normal accidents.”

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“At the heart our era's deepening crisis there lies a touching faith that capitalism, free markets and democracy go hand in hand. Wolfgang Streeck's new book deconstructs this myth, exposing the deeply illiberal, irrational, anti-humanist tendencies of contemporary capitalism.” – Yanis Varoufakis

“Neoliberalism continues to delimit political choice across the globe yet it is clear that the doctrine is in severe crisis. In Wolfgang Streeck’s powerful new book How Will Capitalism End? Streeck demonstrates that the maladies afflicting the world – from secular stagnation to rising violent instability – herald not just the decline of neoliberalism, but what may prove to be the terminal phase of global capitalism.” – Paul Mason, author of Postcapitalism

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LONDON EVENTS:

Wolfgang Streeck at LSE

London School of Economics

November 7, 6.30-8pm

https://www.versobooks.com/events/1462-wolfgang-streeck-how-will-capitalism-end

The Five Disorders of Capitalism: Wolfgang Streeck

Goldsmiths College, University of London

November 8, 6.15-7.45pm

https://www.versobooks.com/events/1469-the-five-disorders-of-capitalism-wolfgang-streeck

Wolfgang Streeck at Kings

Kings College, University of London