democracy

20 May 2016

 

Accounts of neoliberalism have focused principally upon regimes of accumulation and their socio-economic conditions and consequences.  From outsourcing to de-industrialisation and privatised Keynesianism through to concerted and widespread attacks on labour, these shifts have been framed by commentators in terms of the ‘restoration of class power’. The epochal transformations of administrative, state and IFI structures and operations have, through the fetishistic mantra... more

Can democracy survive austerity?

Armin Schafer and Wolfgang Streeck, two scholars at the Max Planck Institute for the Study of Societies in Cologne, Germany, have edited a remarkable volume that attempts to address a political-economic touchstone of modern democratic-capitalism: how to reconcile democratic political processes with the increasing governance of global economic life by economic institutions – corporate and transnational governmental – that are politically nonresponsive to the demands of ordinary citizens and which are dedicated to often unpopular economic policies of austerity (cf. Edsall, 2012).

‘Why did it work this time?’ David Graeber on Occupy Wall Street

It has been two years since Occupy emerged on the global scene, inspired by an on-going wave of protest movements and upheavals. Like its predecessors, the movement was met with great skepticism – not least by many self-acclaimed leftist academics and journalists. How could a political movement, one objection went, be of any significance and endurance if it failed or refused to produce a clear, univocal agenda? How could it affect society or politics beyond the border of its own tent camp?

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