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

simultaneously support and undermine

[...] Capitalism and democracy thus seem to simultaneously support and undermine one another: while an economic equilibrium is necessary for a democratic society to reap the collective benefits of private capital accumulation, it is put at risk by the very same policies that are needed to make pr…

—p.192 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

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 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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