The fundamental mechanism that shapes the social order of welfare societies is the functional antagonism between the capitalist economy, on the one hand, and democratic politics on the other. This mechanism, with its mixed blessings, has been an unchanging feature of western welfare societies...

One of the most conspicuous features of politics at the turn of the millennium is the emergence of issues which transcend national frontiers. Processes of economic internationalization, the problem of the environment and the emergence of regional and global networks of communication are...

Over the past four decades, the accumulation of policy legacies and public debt has led to a decline in fiscal flexibility in Germany and the United States. By applying an index of fiscal democracy to Germany, the paper illustrates the associated shrinkage of democratic control over budget...