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Has Capitalism Seen its Day?

This is an alternative for those who didn't get a ticket for the Nigel Farage talk and who don't want to watch Nigel's talk via video feed. LSE offers a video stream of Nigel's talk in other lecture rooms.

Five years after the Lehman Brothers collapse, the crisis of advanced capitalist economies is far from over. Growth is sluggish, debt continues to rise, and social inequality is exploding. As the capitalist global economy is kept alive by unprecedented infusions of central bank money, old questions of the compatibility of capitalism and democracy are returning. The marketization of Polanyi’s three fictitious commodities - labour, nature and money - seems to have hit a limit, and the same may be true for technological innovation. Moreover, persistent public deficits seem to indicate a rising tension between private appropriation and  a growing need for collective provision. Professor Streeck will ask, are we facing a systemic crisis of the capitalist social order?

About the speaker:
Wolfgang Streeck is Director at the Max Planck Institute for the Study of Societies in Cologne, Germany, and Theodor Heuss Professor 2013/14 at the New School for Social Research, New York. His most recent book is Gekaufte Zeit. Die vertagte Krise des demokratischen Kapitalismus (Suhrkamp, 2013).

It's the first time for me to go to a talk of the British Academy, so I have no idea how busy it will be. We can meet outside after the talk. Since LSE isn't too far away, we can even catch up with the others who go to the Nigel Farage talk.

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  • Javier G.

    Thank you very much Henning!!! it was really interesting!! It's a hot topic nowadays!!!

    January 24, 2014

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