Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Democracy and Prosperity: Reinventing Capitalism Through a Turbulent Century

Democracy and Prosperity: Reinventing Capitalism Through a Turbulent Century

Iversen, Torben
Soskice, David

Paperback

General Political Science

ISBN10: 0691210217
ISBN13: 9780691210216
Publisher: Princeton Univ Pr
Published: Nov 3 2020
Pages: 360
Weight: 1.15
Height: 0.90 Width: 6.10 Depth: 9.10
Language: English

A groundbreaking historical analysis of how global capitalism and advanced democracies mutually support each other

It is a widespread view that democracy and the advanced nation-state are in crisis, weakened by globalization and undermined by global capitalism. Torben Iversen and David Soskice argue that this view is wrong. In fact, advanced democracies are resilient and their enduring relationship with capitalism has been mutually beneficial. Iversen and Soskice show how democratic states continuously reinvent their economies through 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 advanced sectors of the economy. Challenging the prevailing wisdom on globalization, Democracy and Prosperity reveals how advanced capitalism is neither footloose nor unconstrained--and how it thrives under democracy precisely because it cannot subvert it.

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