Much of the literature on advanced capitalist democracies over the past two decades has painted a critical and pessimistic picture of advanced capitalism, and – closely linked—of the future of democracy in advanced societies.In this view, the advanced capitalist democratic state has weakened over time because of globalization and the diffusion of neoliberal ideas. Advanced business is seen as the major driver and exponent of liberalization, privatization, deregulation and intensified global competition.This book argues that the opposite is true. Over time, the advanced capitalist democratic state has paradoxically become strengthened through globalization. The spread of neoliberal ides, we argue, reflects the demand of decisive voters from the middle and upper middle classes to fuel economic growth, wealth, and opportunity in the emerging knowledge economy.In short, the “laws” of capitalism driving wealth accumulation are politically manufactured.
** Please note: Those planning to attend events in this series should read the paper that will be posted on the CES website before the seminar.**