description Wolfgang Streeck Overview
Wolfgang Streeck is a German economic sociologist whose research examines capitalism, political economy, labor relations, and institutional change. He served as a director of the Max Planck Institute for the Study of Societies in Cologne and has analyzed tensions between democratic government and capitalist markets. Buying Time studies the fiscal and political crises of democratic capitalism from the postwar period through the rise of debt-dependent states.
help Wolfgang Streeck FAQ
What institution is Wolfgang Streeck associated with?
Streeck served as a director of the Max Planck Institute for the Study of Societies in Cologne. His research there primarily focuses on capitalism, political economy, and institutional change.
What are the main themes of Wolfgang Streeck's economic sociology?
He is known for analyzing the deep-seated tensions between democratic politics and capitalist markets. His work frequently explores how labor relations and institutional frameworks shape modern economies.
What is Wolfgang Streeck's most famous book regarding capitalism's future?
In works like Buying Time, Streeck argues that advanced capitalism is facing a prolonged and potentially terminal crisis. He suggests that the state is increasingly reliant on debt to mask the systemic contradictions of the economy.
Does Wolfgang Streeck believe the Eurozone is stable?
No, he has been highly critical of European monetary union and the policies of the European Central Bank. He argues that the Eurozone's structure has exacerbated inequalities and eroded national democratic sovereignty.
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