…you don’t read many books.

The book that grew out of this article is gathering great acclaim.

https://newleftreview.org/II/87/wolfgang-streeck-how-will-capitalism-end

It deals a devastating blow to the mainstream view of a system that is ‘essentially sound’. My favourite chapter is on the profoundly anti-democratic nature of EU institutions and the reaction of states’ electorates to this; essentially becoming more insular and nationalistic in the process. I’m reminded of a quote by Skinner:

Punitive measures whether administered by police, teachers, spouses or parents have well known standard effects: (1) escape-education has its own name for that: truancy, (2) counterattack-vandalism on schools and attacks on teachers, (3) apathy-a sullen do-nothing withdrawal. The more violent the punishment, the more serious the by-products.

 

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