How Will Capitalism End?: Essays on a Failing System
Nov 2016 · Verso Books
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One of the “Best Books of the Year”: Guardian • Financial Times • Times Higher Education
A major collection of essays that questions whether contemporary capitalism will end with a bang or a whimper—from a leading political economist and the author of Buying Time.
After years of ill health, capitalism is now in a critical condition. Growth has given way to stagnation; inequality is leading to instability; and confidence in the money economy has all but evaporated.
In How Will Capitalism End?, the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues that the world is about to change. The marriage between democracy and capitalism, ill-suited partners brought together in the shadow of World War II, is coming to an end. The regulatory institutions that once restrained the financial sector’s excesses have collapsed and, after the final victory of capitalism at the end of the Cold War, there is no political agency capable of rolling back the liberalization of the markets.
Ours has become a world defined by declining growth, oligarchic rule, a shrinking public sphere, institutional corruption and international anarchy, and no cure to these ills is at hand.
A major collection of essays that questions whether contemporary capitalism will end with a bang or a whimper—from a leading political economist and the author of Buying Time.
After years of ill health, capitalism is now in a critical condition. Growth has given way to stagnation; inequality is leading to instability; and confidence in the money economy has all but evaporated.
In How Will Capitalism End?, the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues that the world is about to change. The marriage between democracy and capitalism, ill-suited partners brought together in the shadow of World War II, is coming to an end. The regulatory institutions that once restrained the financial sector’s excesses have collapsed and, after the final victory of capitalism at the end of the Cold War, there is no political agency capable of rolling back the liberalization of the markets.
Ours has become a world defined by declining growth, oligarchic rule, a shrinking public sphere, institutional corruption and international anarchy, and no cure to these ills is at hand.
One of the “Best Books of the Year”: Guardian • Financial Times • Times Higher Education
A major collection of essays that questions whether contemporary capitalism will end with a bang or a whimper—from a leading political economist and the author of Buying Time.
After years of ill health, cap...
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1 review
Pat G
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September 26, 2026
for anyone who has never read Marx or kept up with the literature on capitalism over the last 50+ years, maybe this book will be useful. For anyone who has kept up and is looking for thoughts on moving the rest of the world from this system to something better, you will be disappointed.
About the author
Wolfgang Streeck is the Director of the Max Planck Institute for Social Research in Cologne and Professor of Sociology at the University of Cologne. He is an Honorary Fellow of the Society for the Advancement of Socio-Economics and a member of the Berlin Brandenburg Academy of Sciences as well as the Academia Europaea. His previous books include Buying Time: The Delayed Crisis of Democratic Capitalism.
Wolfgang Streeck is the Director of the Max Planck Institute for Social Research in Cologne and Professor of Sociology at the University of Cologne. He is an Honorary Fellow of the Society for the Advancement of Socio-Economics and a member of the Berlin Brandenburg Academy of Sciences as well as...
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