Professor Wolfgang Streeck: What Should Capitalism Studies Become?

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The Dickson Poon School of Law

The Dickson Poon School of Law

7 жыл бұрын

Professor Peer Zumbansen interviews Professor Wolfgang Streek, discussing his book, 'How Will Capitalism End?"
Professor Wolfgang Streeck is one of the most highly regarded sociologists and political economists of our time. His work on corporatism, trade unions and labour, on finance and European democracy has influenced debates in Europe and beyond over the past couple of decades, and his highly acclaimed book, “Buying Time, The Delayed Crisis of Democratic Capitalism” (orig. German 2013, Verso: 2014) has been translated into several languages. Educated in Frankfurt and at Columbia University, he held professorships in Münster and Wisconsin before his appointment to be a director of the Max Planck Institute for the Study of Societies in Germany. Over the course of his career he received numerous scholarly awards and appointments, including visitorships at the European University Institute, the Institute of Advanced Studies Berlin, Sciences Po in Paris, the New School of Social Research and others. He retired from his directorship in Cologne in 2014.
Professor Peer Zumbansen is the Founding Director of the Transnational Law Institute at The Dickson Poon School of Law, King's College London.
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Пікірлер: 16
@AK-cm8qe
@AK-cm8qe 6 жыл бұрын
Wonderful interview, thanks for conducting and sharing.
@aishikgupta
@aishikgupta 7 жыл бұрын
self governance ?
@aishikgupta
@aishikgupta 7 жыл бұрын
why can't democracy have a large scale like Global Capitalism?
@patrickholt2270
@patrickholt2270 7 жыл бұрын
Subsidiarity. The more electors per representative, and the further away the decisions are being made from the voter's home, the less representation per elector and the less appropriate and useful the decisions made are for the electors. It's an information transmission problem, as well as a problem of having enough decision-makers to make sure that enough decisions are made, and made with close enough attention to the human details.
@aishikgupta
@aishikgupta 7 жыл бұрын
Patrick Holt How can information technology help in improving the system ?? Then Parliamentary democracy is not pure democracy where people elect 'representatives'.
@patrickholt2270
@patrickholt2270 7 жыл бұрын
I don't think it can, to be honest. Any kind of digital voting or vote-counting allows for easy election fraud, whereas paper ballots counted by hand in public are more checkable (physical copy) and much harder to steal or count fraudulently. Parliamentary democracy is not pure democracy, very true, but direct democracy is much harder to arrange and co-ordinate for more than a few hundred people. On one hand delegating tasks to someone whose job it will be full-time is natural, because then it will have their full attention, theoretically, like any other kind of preofessional public servant, and partly it suits people's life-balance preferences. What I mean is, not very many people want to spend a lot of their time in public meetings listening to speeches and presentations of detailed information for them to then vote about. Most people want to spend more time at home with their families and friends, and find political meetings like that another tiring job on top of their other work. As with the soviets of 1917, and the French revolutionary assembly, ordinary people tended to drift home, leaving the zealots and extremists, and better-off individuals who could afford the time more easily, in charge by default, even though they were unrepresentative and their views less popular overall. So I think some kind of representative system is inevitable for anything at all large scale, let alone anything global. Going for bigger geo-political units allows for more say over international businesses, more negotiating clout, but it means more centralisation and less direct and local democracy, so the question is what kind of trade-off is tolerable whereby we regain control over big business but don't lose local sovereignty and representation which is more responsive to voters. The EU, for instance, is big enough to bargain from a position of strength, but because it is hardly democratic at all, it has been captured by the monopolists and neo-liberalism the same as most national governments. The chief thing working internationally against rentierism and corporate domination is the anti-capitalist movement and socialist ideas in general, which are international, and allows for international co-ordination by populations voting and militating for similar governments in the near future.
@aishikgupta
@aishikgupta 7 жыл бұрын
Patrick Holt Do you see a resurgence of Socialism in the near future, NOT the 20th Century Socialism which had flaws but a new socialist vision for 21st Century which is in line with the present times??
@patrickholt2270
@patrickholt2270 7 жыл бұрын
Of course. It's happening right now.
@aishikgupta
@aishikgupta 7 жыл бұрын
production regimes grow beyond national borders
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