The progress of markets erodes traditional relations of social solidarity that are essential for the stability and performance of societies. As markets advance, pressures build on the state to replace informal social obligations with formal ones. Regulation may fail, however, which tends to give...

Eingeführte Reihe. "Neoliberalismus" ist gerade in den letzten Jahren zum politischen Kampfbegriff der Linken geworden. An kritischer Literatur ist kein Mangel (s. zuletzt C. Crouch: ID-A 44/15, oder P. Mirowski: ID-A 48/15). Der Autor, gegenwärtig Lehrstuhlvertreter in Frankfurt am Main,...

"In this intellectual history of the fraught relationship between race and poverty in the 1960s, Liberalism is not enough offers a sustained critique of the fundamental assumptions that structured thought and action on the postwar American left. Focusing on the figures associated with 'Great...

Flexible markets require flexible societies; humans, however, need a stable social order. According to received wisdom, when capitalist development razes traditional social structures, society fights back, and welfare state policies organize new stability to replace the old. More market produces...