Values, interests, power and democracy at a time of crisis

Date
2012
Journal Title
Journal ISSN
Volume Title
Publisher
Barbara Budrich Publishers
Abstract
In the wake of the momentous events of 1989 and the subsequent collapse of the Soviet Union, the free-market system and a capitalist economy seemed to be ‘the only game in town’. But less than two decades later, with the onset of the sub-prime mortgage delinquencies and the subsequent financial crisis of 2008-2009, the free-market system has come in for criticism. And as fears about the effects of the crisis on the stability of democracy began to mount, so the values underlying capitalism were placed under the spotlight. At the same time the question of how to deal with crises of this nature and with the conflicts they produce has come to the fore.
Description
CITATION: Lategan, B. C. 2012. 11. Values, interests, power and democracy at a time of crisis. in Democracy under stress: The global crisis and beyond, pp. 201-216, doi:10.2307/j.ctvdf06zh.16.
The original publication is available at https://www.jstor.org/stable/j.ctvdf06zh.16
Keywords
Citation
Lategan, B. C. 2012. 11. Values, interests, power and democracy at a time of crisis. in Democracy under stress: The global crisis and beyond, pp. 201-216, doi:10.2307/j.ctvdf06zh.16.