by Adrian Wooldridge · 7 Apr 2026 · 342pp · 129,097 words
hot weather.21 To the embarrassment of the contemporary left, Marx fully supported the liberal idea that the non-European world was hopelessly static until liberal capitalism came and gave it a liberating shove.22 It is impossible to put an exact date on the arrival of the age of mobility: history
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energy and enterprise than the other way round. Yet the backlash against ‘liberal imperialism’ continues. The progressive left is laser-focused on the links between liberalism, capitalism and imperialism. Some progressives try to elide the distinction between capitalism and imperialism as if empires had never existed before Adam Smith wrote. Some throw
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in a world that has lost its meaning and become amorphous and alienating,’ argues the French scholar of religion Gilles Kepel.11 The more that liberal capitalism tears up traditional Islamic civilization by the roots, the more people are likely to turn to fundamentalism to reassert meaning in their lives. Fundamentalism feeds
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side of, leaders of liberalism concern about 201–2 debate, freedom of and 214–16 globalization and 153 information capitalism xii, xxii, 202, 208–17 liberal capitalism 15, 181 liberal imperialism and 118, 126 limited-liability company 27 meritocracy and 79–81, 144, 206–7 oligarchy and 202–5 Ordoliberals and 111
by Sebastian Mallaby; · 30 Mar 2026 · 607pp · 161,998 words
by Benjamin R. Barber · 1 Jan 2007 · 498pp · 145,708 words
rational planning as well as sustained saving. The several stages that then interpose themselves between Weber’s ideal moment of capitalist takeoff can be called “Liberal Capitalism,” accompanied by an ethic of radical individualism and defined by the protagonist as free chooser (the individual defined by autonomy and rights); then “Managerial Capitalism
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enforce the rights of the public. Ayn Rand in a face-off with John Dewey. Hoover versus FDR. John D. Rockefeller’s capitalism in check. Liberal capitalism was accompanied and to some degree succeeded by a phase of managerial capitalism, best exemplified by the 1950s and 1960s in the United States when
by John Connelly · 11 Nov 2019
system of minority treaties had failed. Germans and Magyars had proved incapable of acting as loyal Czechoslovak citizens. Thus, Europe was dividing not only between liberal capitalism and people’s democracy, but also between the new internationalism in the West and nation-statism in the East, frozen beneath the power of the
by Wolfgang Streeck · 8 Nov 2016 · 424pp · 115,035 words
may require for its rescue may fail to show up. A short recapitulation of the history of modern capitalism serves to illustrate this point.10 Liberal capitalism in the nineteenth century was confronted by a revolutionary labour movement that needed to be politically tamed by a complex combination of repression and co
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way in large parts of the industrial world to either Communism or Fascism, while in the core countries of what was to become ‘the West’ liberal capitalism was gradually succeeded, in the aftermath of the Great Depression, by Keynesian, state-administered capitalism. Out of this grew the democratic welfare-state capitalism of
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state, which in the process had turned into the dominant institutional complex in contemporary society.12 After ‘the end of laissez-faire’, the place of liberal capitalism was supposed to have been taken by three competing economic systems, communism, fascism and New Deal democracy. All of them were seen as deeply politicized
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free collective bargaining, and beyond the workplace through a comprehensive welfare state – all negotiated, as it were, with a pistol pointed to the head of liberal capitalism, forcing it into a shotgun marriage with social democracy. Subtle distinctions of the ‘varieties of capitalism’ sort do not apply here: post-war Japan had
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capitalism, coincident with the end of the Second World War. The ‘Frankfurt School’ located ‘late capitalism’ (Spätkapitalismus) in the 1970s, having taken the place of liberal capitalism or free market capitalism after 1945. Schumpeter was certain already in 1918 that there would come a time when ‘capitalism has done its work and
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good and bad capitalisms, the former associated with a widely defined Rhineland and the latter with Anglo-America. It prefigured current dichotomies between ‘coordinated’ and ‘liberal’ capitalisms or indeed ‘market economies’. Since the crisis doubts have been growing whether good capitalism is really so much better than bad capitalism. 3For the case
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outlived all predictions of its impending death, 4, 57 as history, 203, 204–9 how to study contemporary capitalism, 201–24 late capitalism, 5, 150 liberal capitalism, 4, 13, 155, 190 low-growth capitalism, 8 modern capitalism, 4, 16, 56, 119, 203 neoliberal capitalism, 13, 14, 16, 22, 36, 42 as not
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, 150 law of consumer differentiation, 95, 98, 106 less than a society, 13 liabilities as percentage of GDP (1995–2011), 118f liberal-authoritarian state, 152 liberal capitalism, 4, 13, 155, 190 liberalism authoritarian liberalism, 153, 154, 159, 161, 163 market liberalism, 154 nature of and relationship to democracy, 151 ordoliberalism, 153, 154
by Wolfgang Streeck · 1 Jan 2013 · 353pp · 81,436 words
or Industrial Society?’, in Volker Merja et al., Modern German Sociology, New York: Columbia University Press, 1987). Adorno distinguished ‘late capitalism’ from what he called ‘liberal capitalism’, which, following Pollock, he regarded as a historically prior form of capitalism now superseded by state intervention and organization. Late capitalism was thus essentially identical
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the second half of the twentieth century. It is also worth recalling that, in The Great Transformation (1944), Karl Polanyi took it for granted that liberal capitalism was history and would not return. ‘Within the nations we are witnessing a development under which the economic system ceases to lay down the law
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, 1.2, 1.3 passim, 1.4, 1.5n61, 1.6, 1.7 passim, 2.1, 4.1, 4.2 lenders as constituency. See Marktvolk ‘liberal capitalism’, 1.1, 1.2n50 loans, private. See private debt loans, public. See public debt loans, ‘subprime’ mortgage. See ‘subprime mortgages’ Lombardo, Raffaele London, England, 1
by Odd Arne Westad · 4 Sep 2017 · 846pp · 250,145 words
resistance in Russia both on the Right and the Left in the years before World War I. The few who believed in the ideas of liberal capitalism were often lost in the melee. In this anticapitalist chorus in Russia, the Social Democratic Party stood out as one of the movements that linked
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and defense of local communities, even when such values were presented by thugs and murderers. The Soviet Union was not the only collectivist challenger to liberal capitalism in the interwar years. In Italy, the Fascists, headed by Benito Mussolini, claimed that their combination of nationalism and socialism was the way forward. In
by Quinn Slobodian · 16 Mar 2018 · 451pp · 142,662 words
a page from the European playbook to find a solution by extending the economic constitution beyond Europe itself. As challenges to the uniform rules of liberal capitalism mounted from the Global South in the 1970s, Europe and its laws became a countermodel to the demands for a New International Economic Order. The
by Mark Blyth · 24 Apr 2013 · 576pp · 105,655 words
Press, 1962). 6. Woo Cummings, ed., The Developmental State (Ithaca, NY: Cornell University Press 1999); but also Wolfgang Streek and Yamamura, The Origins of Non-Liberal Capitalism (Cambridge: Cambridge University Press 2002). 7. Gerschenkron, Economic Backwardness; and Leonard Seabrooke, The Social Sources of Financial Power (Ithaca, NY: Cornell University Press, 2006). 8
by Eric Hobsbawm · 5 Sep 2011 · 621pp · 157,263 words
technocratic 28 Marx, Engels and pre-Marxian Socialism planners, they oppose not only the idle and parasitic ruling classes, but also the anarchy of bourgeois-liberal capitalism, of which he provides an early critique. Implicit in him is the recognition that industrialisation is fundamentally incompatible with an unplanned society. The emergence of
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to the capitalism of the old capitalist countries. In both these respects its failure, not to mention its patent inferiority in most respects to Western liberal capitalism, was manifest, even to those who did not share the post-1989 triumphalism of Washington ideologists. Capitalism had lost its memento mori. Socialists saw that
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