MARC Record from Library of Congress

LEADER: 03699cam a2200433 i 4500
001 2014003057
003 DLC
005 20140813081615.0
008 140205s2014 nyua b 001 0 eng
010 $a 2014003057
020 $a9781781685495 (hardback)
020 $z9781781686195 (ebook)
020 $a9781781685488 (paperback)
040 $aDLC$beng$erda$cDLC$dDLC
041 1 $aeng$hger
042 $apcc
050 00 $aHB501$b.S919513 2014
082 00 $a330.12/2$223
084 $aPOL033000$aBUS069020$aBUS038000$2bisacsh
100 1 $aStreeck, Wolfgang,$d1946-
240 10 $aGekaufte Zeit.$lEnglish
245 10 $aBuying time :$bthe delayed crisis of democratic capitalism /$cWolfgang Streeck ; translated by Patrick Camiller.
264 1 $aBrooklyn, NY :$bVerso,$c2014.
300 $axviii, 220 pages :$billustrations ;$c21 cm
336 $atext$2rdacontent
337 $aunmediated$2rdamedia
338 $avolume$2rdacarrier
500 $a"First published as Gekaufte Zeit, Suhrkamp Verlag, Berlin, 2013."
504 $aIncludes bibliographical references (pages 191-207) and index.
520 $a"The financial crisis keeps us on edge and creates a diffuse sense of helplessness. Well-nigh unfathomable problems lead to measures that seem like emergency operations on the open heart of the Western world, performed with no knowledge of the patient's clinical history. The gravity of the situation is matched by the paucity of our understanding of it, and of how it came about in the first place. In this book, compiled from his Adorno Lectures given in Frankfurt, Wolfgang Streeck lays bare the roots of the present financial, fiscal and economic crisis, seeing it as part of the long neoliberal transformation of postwar capitalism that began in the 1970s. Linking up with the crisis theories of that decade, he analyses the subsequent tensions and conflicts involving states, governments, voters and capitalist interests--a process in which the defining focus of the European state system has shifted from taxation through debt to budgetary "consolidation." The book then ends by exploring the prospects for a restoration of social and economic stability. Buying Time is a model of enlightenment. It shows that something deeply disturbing underlies the current situation: a metamorphosis of the whole relationship between democracy and capitalism"--$cProvided by publisher.
520 $a"The financial and economic crisis that began in 2008 still has the world on tenterhooks. The gravity of the situation is matched by a general paucity of understanding about what is happening and how it started. In this book, based on his 2012 Adorno Lectures given in Frankfurt, Wolfgang Streeck places the crisis in the context of the long neoliberal transformation of postwar capitalism that began in the 1970s. He analyses the subsequent tensions and conflicts involving states, governments, voters and capitalist interests, as expressed in inflation, public debt, and rising private indebtedness. Streeck traces the transformation of the tax state into a debt state, and from there into the consolidation state of today. At the centre of the analysis is the changing relationship between capitalism and democracy, in Europe and elsewhere, and the advancing immunization of the former against the latter"--$cProvided by publisher.
650 0 $aCapitalism.
650 0 $aNeoliberalism.
650 0 $aDemocracy$xEconomic aspects.
650 0 $aEconomic policy.
650 0 $aFinancial crises.
650 7 $aPOLITICAL SCIENCE / Globalization.$2bisacsh
650 7 $aBUSINESS & ECONOMICS / International / Economics.$2bisacsh
650 7 $aBUSINESS & ECONOMICS / Labor.$2bisacsh