Kuttner’s astute analysis of the post-war “golden age” starts with measures including the New Deal and the Bretton Woods Agreement, showing how they allowed democracy and capitalism to be mutually supportive and thrive. The balance began to slip in the 1970s; as financial regulations were rolled back and taxes cut, inequality worsened, and frustrated voters turned away from progressive agendas, a right-wing turn that has led us to Trump, Brexit, the precarious state of the European Union, and the rise of nationalisms. Both democracy and capitalism are now foundering and Kuttner, cofounder and co-editor of The American Prospect, asks whether this dissolution was inevitable or if we can use the lessons of the past to re-establish the former harmony.

https://www.politics-prose.com/book/9780393609936

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