Buying Time Pdf — Wolfgang Streeck
National citizens who want public services, job security, and social safety nets.
International investors who want low inflation, balanced budgets, and debt repayment. wolfgang streeck buying time pdf
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,
Streeck argues that the current state of global capitalism is not a stable equilibrium but a "delayed crisis." Since the 1970s, Western states have maintained social peace by "buying time" through three distinct mechanisms: National citizens who want public services