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Abstract:
In this talk, Wolfgang Streeck briefly reconstructs the post-war relationships between democracy and capitalism and shows how the trajectory of ‘democratic capitalism’ has increasingly favoured a social and economic model that prioritises the imperatives of the market and of business profitability over the requirements of democratic equality and social solidarity with worrying consequences. With today’s growing debt and inequality, Streeck warns that this is a time to ‘let sink in the enormity of the challenge we are facing’ and not rush to quick and possibly erroneous conclusions.
