In How Will Capitalism End?, the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues that the world is on the cusp of enormous change. The marriage between democracy and capitalism, ill-suited partners brought together in the shadow of the Second World War, is unravelling. The regulatory institutions that once restrained the financial sector's excesses have collapsed, and there is no political agency capable of rolling back the liberalization of the markets.
Streeck's title question-though never answered-opens a window onto the conflict between capitalism and democracy in the neoliberal era. That such a conflict exists is no surprise in Brazil, and still hidden to many in the United States, but a rude and inescapable shock to those who grew up with the comfortable illusions and utopian hopes of post-war Europe. James Galbraith, author of The End of Normal







