Wolfgang Streeck

  • Le "capitalisme démocratique" - ce régime économique qui, jusqu'aux années 1970, achetait l'adhésion des populations occidentales grâce à la promesse d'un constant progrès de leur condition sociale - est entré en crise dès les années 1980 : suite à la résistance à l'impôt des producteurs de richesses financières et à leur lutte pour les allègements fiscaux, un nouveau régime se met en place, marqué par l'inflation et les déficits budgétaires nationaux. Le financement de la dette publique passe à des institutions privées qui exigent en retour la dérégulation des marchés financiers, puis passé 2008, la compensation de leur faillite par les États.
    La globalisation économique masque la réalité politique : à l'État fiscal classique a succédé dans les années 1970 l'État débiteur, qui entendit par les emprunts publics et les crédits privés désamorcer les antagonismes sociaux et maintenir une forme de croissance. Aujourd'hui, nous vivons dans l'État de la consolidation - celui qui fait payer aux citoyens le service de la dette par des réformes de structure visant à se délester de ses fonctions régaliennes et de certaines missions de service public
    au profit d'institutions hors de portée des représentations démocratiques nationales : l'euro et la Banque centrale européenne en sont deux exemples avérés.

    Plus que jamais, l'économie relève non pas d'une gestion technicienne, mais d'une instabilité constante dans les rapports de force entre producteurs de biens et producteurs de profits.

  • Wolfgang Streeck has written extensively on comparative political economy and institutional theory. In this book he addresses some of the key issues in this field: the role of history in institutional analysis, the dynamics of slow institutional change, the limitations of rational design and economic-functionalist explanations of institutional stability, and the recurrent difficulties of restraining the effects of capitalism on social order.

    In the classification of the 'Varieties of Capitalism' school, Germany has always been taken as the chief exemplar of a 'European', coordinated market economy. Streeck explores to what extent Germany actually conforms to this description. His argument is supported by original empirical research on wage-setting and wage structure, the organization of business and labor in business associations and trade unions, social policy, public finance, and corporate governance. From this evidence, Bringing Capitalism Back In traces the current liberalization of the postwar economy of democratic capitalism by means of an historically-grounded approach to institutional change.

    This is an important book in comparative political economy and key reading across the social sciences for academics, researchers, and advanced students of Political Economy, Sociology, comparative business systems.

  • In a world of increasing austerity measures, democratic politics comes under pressure. With the need to consolidate budgets and to accommodate financial markets, the responsiveness of governments to voters declines. However, democracy depends on choice. Citizens must be able to influence the course of government through elections and if a change in government cannot translate into different policies, democracy is incapacitated.
    Many mature democracies are approaching this situation as they confront fiscal crisis. For almost three decades, OECD countries have - in fits and starts - run deficits and accumulated debt. As a result, an ever smaller part of government revenue is available today for discretionary spending and social investment and whichever party comes into office will find its hands tied by past decisions. The current financial and fiscal crisis has exacerbated the long-term shrinking government discretion; projects for political change have lost credibility. Many citizens are aware of this situation: they turn away from party politics and stay at home on Election Day.
    With contributions from leading scholars in the forefront of sociology, politics and economics, this timely book will be of great interest to students and scholars throughout the social sciences as well as general readers.

  • A fresh alternative to traditional state-centred analyses of the process of European integration is presented in this book. World-renowned scholars analyze the state in terms of its component parts and clearly show the interaction of subnational, national and supranational actors in the emerging European polity. This `multi-level politics' approach offers a powerful lens through which to view the future course of European integration.

    The contributors' empirical exploration of areas such as regional governance, social policy and social movements underpins their broad conceptual and theoretical framework providing significant new insight into European politics.

  • Neoliberalism and deregulation have come to dominate national and international political economy. This major book addresses this convergence and analyzes the implications for the future of capitalist diversity. It considers important questions such as: Is the preference for free markets a well-founded response to intensified global competition? Does this mean that all advanced societies must all converge on an imitation of the United States? What are the implications for the institutional diversity of the advanced economies?

    Political Economy of Modern Capitalism provides a practical and informed analysis of the public policy choices facing governments and business around the world.

empty