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Democracy and Prosperity : Reinventing Capitalism through a Turbulent Century / David Soskice, Torben Iversen.

By: Contributor(s): Material type: TextTextPublisher: Princeton, NJ : Princeton University Press, [2019]Copyright date: ©2019Description: 1 online resource (360 p.)Content type:
Media type:
Carrier type:
ISBN:
  • 9780691182735
  • 9780691188874
Subject(s): DDC classification:
  • 321.8 23
Other classification:
  • online - DeGruyter
Online resources: Available additional physical forms:
  • Issued also in print.
Contents:
Frontmatter -- CONTENTS -- TABLES AND FIGURES -- PREFACE -- ACKNOWLEDGMENTS -- 1. Introduction -- 2. Two Paths to Democracy -- 3. The Rise and Fall of Fordism -- 4. Knowledge Economies and Their Political Construction -- 5. The Politics of the Knowledge Economy and the Rise of Populism -- 6. Conclusion: The Future of Advanced Capitalist Democracies -- NOTES -- BIBLIOGRAPHY -- INDEX -- A NOTE ON THE TYPE
Summary: A groundbreaking new historical analysis of how global capitalism and advanced democracies mutually support each otherIt is a widespread view that democracy and the advanced nation-state are in crisis, weakened by globalization and undermined by global capitalism, in turn explaining rising inequality and mounting populism. This book, written by two of the world's leading political economists, argues this view is wrong: advanced democracies are resilient, and their enduring historical relationship with capitalism has been mutually beneficial.For all the chaos and upheaval over the past century-major wars, economic crises, massive social change, and technological revolutions-Torben Iversen and David Soskice show how democratic states continuously reinvent their economies through massive public investment in research and education, by imposing competitive product markets and cooperation in the workplace, and by securing macroeconomic discipline as the preconditions for innovation and the promotion of the advanced sectors of the economy. Critically, this investment has generated vast numbers of well-paying jobs for the middle classes and their children, focusing the aims of aspirational families, and in turn providing electoral support for parties. Gains at the top have also been shared with the middle (though not the bottom) through a large welfare state.Contrary to the prevailing wisdom on globalization, advanced capitalism is neither footloose nor unconstrained: it thrives under democracy precisely because it cannot subvert it. Populism, inequality, and poverty are indeed great scourges of our time, but these are failures of democracy and must be solved by democracy.
Holdings
Item type Current library Call number URL Status Notes Barcode
eBook eBook Biblioteca "Angelicum" Pont. Univ. S.Tommaso d'Aquino Nuvola online online - DeGruyter (Browse shelf(Opens below)) Online access Not for loan (Accesso limitato) Accesso per gli utenti autorizzati / Access for authorized users (dgr)9780691188874

Frontmatter -- CONTENTS -- TABLES AND FIGURES -- PREFACE -- ACKNOWLEDGMENTS -- 1. Introduction -- 2. Two Paths to Democracy -- 3. The Rise and Fall of Fordism -- 4. Knowledge Economies and Their Political Construction -- 5. The Politics of the Knowledge Economy and the Rise of Populism -- 6. Conclusion: The Future of Advanced Capitalist Democracies -- NOTES -- BIBLIOGRAPHY -- INDEX -- A NOTE ON THE TYPE

restricted access online access with authorization star

http://purl.org/coar/access_right/c_16ec

A groundbreaking new historical analysis of how global capitalism and advanced democracies mutually support each otherIt is a widespread view that democracy and the advanced nation-state are in crisis, weakened by globalization and undermined by global capitalism, in turn explaining rising inequality and mounting populism. This book, written by two of the world's leading political economists, argues this view is wrong: advanced democracies are resilient, and their enduring historical relationship with capitalism has been mutually beneficial.For all the chaos and upheaval over the past century-major wars, economic crises, massive social change, and technological revolutions-Torben Iversen and David Soskice show how democratic states continuously reinvent their economies through massive public investment in research and education, by imposing competitive product markets and cooperation in the workplace, and by securing macroeconomic discipline as the preconditions for innovation and the promotion of the advanced sectors of the economy. Critically, this investment has generated vast numbers of well-paying jobs for the middle classes and their children, focusing the aims of aspirational families, and in turn providing electoral support for parties. Gains at the top have also been shared with the middle (though not the bottom) through a large welfare state.Contrary to the prevailing wisdom on globalization, advanced capitalism is neither footloose nor unconstrained: it thrives under democracy precisely because it cannot subvert it. Populism, inequality, and poverty are indeed great scourges of our time, but these are failures of democracy and must be solved by democracy.

Issued also in print.

Mode of access: Internet via World Wide Web.

In English.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 21. Jun 2021)