Wolfgang Streeck, Ben Jackson | Interview: capitalism, neo-liberalism and democracy

Remember that ‘learning from Germany’ has been a topic of British political-economic discourse since the nineteenth century – think, for example, of vocational training or industrial trade unionism. But Britain had been on a different path for a long time, and beginning in the 1980s was much more than Germany receptive to the lures of ‘financialisation’. I seem to remember that it was Robert Putnam who, when asked how one could build the same kind of manufacturing communities that had in their time made Northern Italy so competitive, suggested that one should try to ‘get a different history’. I do not want to be overly fatalistic. But I am convinced that competitive advantage in global capitalism, and in particular the capacity of a national economy to carve out for itself a niche of more or less durable prosperity in the world economy, are of very long making.

via Renewal | Wolfgang Streeck, Ben Jackson | Interview: capitalism, neo-liberalism and democracy

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