Global Capitalism vs. Democracy
“Globalization” has come to define our age. Stock market fluctuations, the fortunes of political administrations, and conditions for working people—all rise and fall with the tide of global capital flow.… | more |
Social-Democratizing Global Capitalism?
There are two central developments that define our era. One of these is the historic failure of the socialist project of the mass working-class parties, both Communist and Social Democratic. The other is, of course, what has commonly come to be known as the “globalization” of capitalism. These two developments are certainly related to one another, but they cannot be reduced to one another. Each also has its own specific dynamics which need to be analysed separately … | more |