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    Can Democracy Survive Global Capitalism?
    Can Democracy Survive Global Capitalism?
    Can Democracy Survive Global Capitalism?
    Audiobook14 hours

    Can Democracy Survive Global Capitalism?

    Written by Robert Kuttner

    Narrated by Mike Chamberlain

    4/5

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    About this audiobook

    Before and after World War II, a serendipitous confluence of events created a healthy balance between the market and the polity-between the engine of capitalism and the egalitarian ideals of democracy. Under Roosevelt's New Deal, unions and collective bargaining were legalized. Glass-Steagall reined in speculative finance. At Bretton Woods, a global financial system was devised explicitly to allow nations to manage capitalism. Yet this golden era turned out to be lightning in a bottle. From the 1970s on, a power shift occurred, in which financial regulations were rolled back, taxes were cut, inequality worsened, and disheartened voters turned to far-right, faux populism.

    Robert Kuttner lays out the events that led to the postwar miracle, and charts its dissolution all the way to Trump, Brexit, and the tenuous state of the EU. Is today's poisonous alliance of reckless finance and ultra-nationalism inevitable? Or can democracy find a way to survive?
    LanguageEnglish
    PublisherHighbridge Company
    Release dateApr 10, 2018
    ISBN9781684411153
    Can Democracy Survive Global Capitalism?

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    • 5/5
      Very interesting subject matter and well read throughout. I went to back to re-listen to the first two chapters as they provided a succinct overview of the book.
    • 3/5
      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.