On the dual crisis of the world.

Wolfgang Streeck, renowned economic sociologist, is back on to talk to us about the crisis of capitalist growth and of democracy. We focus on the solutions proposed in his brilliant new book, Taking Back Control? States and State Systems After Globalism.

Then, Lee and Alex discuss three key themes emerging from the interview: federalism and small states; the national interest; and the redefinition of democracy.

[For the full episode, subscribe at patreon.com/bungacast]

With Streeck we discuss:

Why is the revival of nation-state democracy "possible, although not very probable"?

Have Europe’s right-wing populists given up on restoring governance to the national level?

Why are Europe's globalists turning towards a militarised bloc with securitised external economic relations?

Why haven’t left-wing populists been able to exploit the "dual crisis"?

How has democracy been redefined to mean a set of discursive and moral principles rather than power struggle?

Can we have an orderly de-globalisation?

Links:

Taking Back Control?: States and State Systems After Globalism, Wolfgang Streeck, Verso

Notes on the political economy of war, Wolfgang Streeck, Review of Keynesian Economics

/218/ Stability Über Alles ft. Wolfgang Streeck & /219/ Stability Über Alles pt. 2 ft. Wolfgang Streeck

/160/ Enemies of the People (Large & Very Small) ft. Wolfgang Streeck

/170/ Reading Club: Streeck's Critical Encounters