Can Democracy Survive Global Capitalism? - Robert Kuttner
Language: EnglishKeywords:
Audiobook
Business
Economics
History
International Relations
Nonfiction
Philosophy
Political Science
Politics
Research
Shared by:Nardah
Written by
Read by Mike Chamberlain
Format: M4B
Bitrate: 64 Kbps
Unabridged
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?
©2018 Robert Kuttner (P)2018 HighBridge, a division of Recorded Books
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| Creation Date: | Tue, 15 Sep 2026 03:57:26 +0200 |
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