Encouraging citizens to borrow (credit cards, mortgages) to maintain living standards as wages stagnate. 📉 From Tax State to Debt State
Governments funded by international creditors. wolfgang streeck buying time pdf
Many offer digital lending via apps like Libby or OverDrive. Encouraging citizens to borrow (credit cards, mortgages) to
Wolfgang Streeck’s is a seminal work in political economy. A blog post exploring this book should bridge the gap between Streeck’s academic rigor and the pressing economic anxieties of modern readers. 🏛️ The Central Thesis: Buying Time Encouraging citizens to borrow (credit cards
The current phase where states prioritize "fiscal discipline" (austerity) to satisfy markets over the needs of their voters. ⚖️ The Conflict: Marktvolk vs. Staatsvolk
National citizens who want public services, job security, and social safety nets.
Printing money to meet social demands without raising taxes.