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Can Democracy Survive Global Capitalism? de…
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Can Democracy Survive Global Capitalism? (edição: 2018)

de Robert Kuttner (Autor)

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512408,093 (3.3)Nenhum(a)
One of our leading social critics recounts capitalism's finest hour, and shows us how we might achieve it once again. In the past few decades, the wages of most workers have stagnated, even as productivity increased. Social supports have been cut, while corporations have achieved record profits. Downward mobility has produced political backlash. What is going on? Can Democracy Survive Global Capitalism? argues that neither trade nor immigration nor technological change is responsible for the harm to workers' prospects. According to Robert Kuttner, global capitalism is to blame. By limiting workers' rights, liberating bankers, allowing corporations to evade taxation, and preventing nations from assuring economic security, raw capitalism strikes at the very foundation of a healthy democracy. The resurgence of predatory capitalism was not inevitable. After the Great Depression, the U.S. government harnessed capitalism to democracy. Under Roosevelt's New Deal, labor unions were legalized, and capital regulated. Well into the 1950s and '60s, the Western world combined a thriving economy with a secure and growing middle class. Beginning in the 1970s, as deregulated capitalism regained the upper hand, elites began to dominate politics once again; policy reversals followed. The inequality and instability that ensued would eventually, in 2016, cause disillusioned voters to support far-right faux populism. Is today's poisonous alliance of reckless finance and ultranationalism inevitable? Or can we find the political will to make capitalism serve democracy, and not the other way around? Charting a plan for bold action based on political precedent, Can Democracy Survive Global Capitalism? is essential reading for anyone eager to reverse the decline of democracy in the West.… (mais)
Membro:Paul_S
Título:Can Democracy Survive Global Capitalism?
Autores:Robert Kuttner (Autor)
Informação:W. W. Norton & Company (2018), Edition: 1st edition, 384 pages
Coleções:Sua biblioteca
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Can Democracy Survive Global Capitalism? de Robert Kuttner

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The book makes a big deal about how unions used to be powerful in the past and could make big changes. Yes, if you make union membership mandatory and break the legs of people who go against you, you can indeed achieve great things. Turns out when union membership is free instead of coerced people no longer fancy having to feed another parasite. ( )
  Paul_S | Sep 2, 2021 |
I've long agreed with almost all of the points made by Kuttner in this book, but I've never had a systematic framework in which to logically relate them. In this book, Kuttner provides that framework. He outlines a history of postwar economics that is both coherent and compelling and draws on Polanyi and Keynes to make sense of why things happened the way they did. His policy recommendations in the last chapter are rational and necessary. The only thing I don't share with Kuttner, however, is his optimism that because they are necessary, they will happen. ( )
1 vote bearymore | Jun 1, 2018 |
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One of our leading social critics recounts capitalism's finest hour, and shows us how we might achieve it once again. In the past few decades, the wages of most workers have stagnated, even as productivity increased. Social supports have been cut, while corporations have achieved record profits. Downward mobility has produced political backlash. What is going on? Can Democracy Survive Global Capitalism? argues that neither trade nor immigration nor technological change is responsible for the harm to workers' prospects. According to Robert Kuttner, global capitalism is to blame. By limiting workers' rights, liberating bankers, allowing corporations to evade taxation, and preventing nations from assuring economic security, raw capitalism strikes at the very foundation of a healthy democracy. The resurgence of predatory capitalism was not inevitable. After the Great Depression, the U.S. government harnessed capitalism to democracy. Under Roosevelt's New Deal, labor unions were legalized, and capital regulated. Well into the 1950s and '60s, the Western world combined a thriving economy with a secure and growing middle class. Beginning in the 1970s, as deregulated capitalism regained the upper hand, elites began to dominate politics once again; policy reversals followed. The inequality and instability that ensued would eventually, in 2016, cause disillusioned voters to support far-right faux populism. Is today's poisonous alliance of reckless finance and ultranationalism inevitable? Or can we find the political will to make capitalism serve democracy, and not the other way around? Charting a plan for bold action based on political precedent, Can Democracy Survive Global Capitalism? is essential reading for anyone eager to reverse the decline of democracy in the West.

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