The Crisis of Contemporary Capitalism

Wolfgang Streeck

Building on studies begun in 2005, this project further explores the fiscal crisis of the state in contemporary capitalism. The first phase paid particular attention to the global financial crisis of 2008. The long-term intention is to contribute to a theory of institutional change in modern capitalist societies and, perhaps, in societies generally. Currently a book is under way on alternative paths of institutional development after the breakdown of neoliberalism as a hegemonic concept of political economy (2020). This may be followed by work on the dynamics of historical development and the relationship between collapse and continuity in complex societies.