Wednesday, August 28, 2019

Capitalism vs democracy: Europe’s hard problem — Mark Mazower

Modern Europe’s political structure is based on the supposition that capitalism and democracy can be compatible – so the most urgent challenge of our times is reconciling the two.
In short, economic liberalism and political liberal generate paradoxes that require a comprehensive worldview (systematic set of presumptions) that balances social, economic and political liberalism for Western liberalism to survive.

New Statesman
Capitalism vs democracy: Europe’s hard problem
Mark Mazower, director of the Columbia Institute for Ideas and Imagination in Paris

See also

Monthly Review
The systemic crisis of world capitalism
Prabhat Patnaik
Originally published: Peoples Democracy (August 25, 2019)

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