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Democracy and Prosperity : Reinventing Capitalism Through a Turbulent Century by Torben Iversen; David W Soskice is a nonfiction available to read on EtoBox.

What is Democracy and Prosperity : Reinventing Capitalism Through a Turbulent Century about?

1 online resource (xix, 335 pages) : A groundbreaking new historical analysis of how global capitalism and advanced democracies mutually support each other. It is a widespread view that democracy and the advanced nation-state are in crisis, weakened by globalization and undermined by global capitalism, in turn explaining rising inequality and mounting populism. This book, written by two of the world's leading political economists, argues this view is wrong: advanced democracies are resilient, and their enduring historical relationship with capitalism has been mutually beneficial. For all the chaos and upheaval over the past century--major wars, economic crises, massive social change, and technological revolutions--Torben Iversen and David Soskice show how democratic states continuously reinvent their economies through massive public investment in research and education, by imposing competitive product markets and cooperation in the workplace, and by securing macroeconomic discipline as the preconditions for innovation and the promotion of the advanced sectors of the economy. Critically, this investment has generated vast numbers of well-paying jobs for the middle classes and their

Who reads Democracy and Prosperity : Reinventing Capitalism Through a Turbulent Century?

Author

Torben Iversen; David W Soskice

Publisher

Princeton, NJ: Princeton University Press

Published

2019

Language

EN

ISBN

9780691210216

Category

nonfiction

Subjects

Political Science, History, Economics

Rating

4.3 / 5 (28 ratings)

Updated

2026-03-14