Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

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9 years, 1 month ago

capitalism and democracy

Capitalism and democracy, in short, are not two modules, like an engine and a steering system, to be combined or not depending on their technical compatibility. They are both, individually as well as in their respective combination, the outcome of specific configurations of classes and class intere…

—p.190 How Will Capitalism End? Essays on a Failing System Comment on Wolfgang Merkel, ‘Is Capitalism Compatible with Democracy?’ (185) by Wolfgang Streeck
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9 years, 1 month ago

the fundamental insight of political economy archive/dissertation

[...] Habermas’s partial incorporation of systems theory – the recognition of a technocratic claim to dominance over certain sectors of society, analogous to relativity theory conceding a limited applicability to classical mechanics – depoliticizes the economic, narrowing it down to a unidimensiona…

—p.169 Why the Euro Divides Europe (165) by Wolfgang Streeck
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9 years, 1 month ago
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9 years, 1 month ago

the most independent central bank in the world

[...] While other central banks are embedded in a state with coextensive jurisdiction and have to face a government and a public at the same territorial and political level, the currency and the common market the ECB runs are stateless (as is, essentially, the legal system governed by the ECJ). Thi…

—p.161 Heller, Schmitt and the Euro (151) by Wolfgang Streeck