Buying Time by Wolfgang Streeck

The Delayed Crisis of Democratic Capitalism

A political‑economy analysis arguing that postwar democratic capitalism has repeatedly been kept afloat through a sequence of policy fixes—social spending, labor protections, credit expansion, privatization, and financialization—that have postponed crises while eroding equality, civic institutions, and political legitimacy; these “time‑buying” measures are running out of room, leaving structural contradictions that require collective political solutions rather than managerial tinkering.

Purchase from Bookshop.org