Democracy and Prosperity: Reinventing Capitalism through a Turbulent Century by: Torben Iversen, David Soskice
Hardcover. Princeton NJ, Princeton University Press, 1st, 2019, Book: Very Good, Dust Jacket: Very Good, Hardcover in a bright dust jacket, 335 pages. A groundbreaking new historical analysis of how global capitalism and advanced democracies mutually support each other. It is a widespread view that democracy and the advanced nation-state are in crisis, weakened by globalization and undermined by global capitalism, in turn explaining rising inequality and mounting populism. This book, written by two of the world's leading political economists, argues this view is wrong: advanced democracies are resilient, and their enduring historical relationship with capitalism has been mutually beneficial.