Streeck argues that the current state of global capitalism is not a stable equilibrium but a "delayed crisis." Since the 1970s, Western states have maintained social peace by "buying time" through three distinct mechanisms:
The current phase where states prioritize "fiscal discipline" (austerity) to satisfy markets over the needs of their voters. ⚖️ The Conflict: Marktvolk vs. Staatsvolk wolfgang streeck buying time pdf
Economic policy is increasingly "market-conforming" rather than "people-conforming." Streeck argues that the current state of global
The book highlights a growing tension between two "peoples": or general readers?)
Who is your ? (Students, activists, or general readers?)