Tuesday, July 30, 2019

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Can Democracy Survive Global Capitalism?

by Robert Kuttner

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Can Democracy Survive Global Capitalism Robert Kuttner Can Democracy Survive Global Capitalism Robert Kuttner on FREE shipping on qualifying offers 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 Can democracy survive global capitalism The Boston Globe For 30 years the postwar system tightly regulated banks It empowered trade unions It used the state to sponsor great public works It broadened democracy both as an end in itself and as a check on the political power of great wealth And it delivered stunning prosperity Can Democracy Survive Global Capitalism Robert Kuttner 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 Can Democracy Survive Global Capitalism by Robert Kuttner Kuttner effectively argues that unregulated global capitalism has the effect of destroying Liberal Democracy He goes through an economic history of the US and Europe from the late 19th century through today and demonstrates how deregulation of finance and the deliberate dismantling of Labor has effectively lowered the living standards for most Can Democracy Survive Global Capitalism Common Dreams Views It empowered trade unions It used the state to sponsor great public works It broadened democracy both as an end in itself and as a check on the political power of great wealth And it delivered stunning prosperity The leaders of that era understood the immense destructive power of raw capitalism Book Excerpt Can Democracy Survive Global Capitalism In some idealized world capitalism may enhance democracy but in the history of the West democracy has expanded by limiting the power of capitalists When that project fails dark forces are often unleashed In the twentieth century capitalism coexisted nicely with dictatorships How Globalized Capitalism Drives Worldwide Fear And Kuttner sees a connection between the rise of rightwing populism and the fall of a social contract that helped broad groups of people in Western democracies He thinks a fundamental driver of this discontent is globalized capitalism Kuttners new book is called Can Democracy Survive Global Capitalism Can Democracy Survive Global Capitalism W W Norton 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 Is Capitalism a Threat to Democracy The New Yorker Is Capitalism a Threat to Democracy The idea that authoritarianism attracts workers harmed by the free market which emerged when the Nazis were in power has been making a comeback