Anger Management: Capitalism Is Like A Tired Animal
Wolfgang Streeck is the first European that we meet in the course of this quest for new ideas about the future of democracy, and the conversation turns dark as he unfolds his scenario of the death throes of democratic capitalism: the lack of growth, the shift of public debt to private debt and the resulting societal inequality. Streeck has a sociologist’s view on the economic dilemma of our time, he is very clear in his analysis and very reticent when it comes to solutions. There is a tension throughout this conversation which has to do with the question of the role of social democracy in this whole scenario: Are these forces able to reform society, as Karin thinks, or is the politics of the old responsible for the lack of ideas about meaningful change, as Georg thinks. Wolfgang Streeck, even if he left the German SPD many years ago, seems to still have a heart for the organized left. And in the end he talks about Selena Gomez.