The Triumph of Broken Promises

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  • The Triumph of Broken Promises Book Detail

  • Author : Fritz Bartel
  • Release Date : 2022-08-09
  • Publisher : Harvard University Press
  • Genre : Business & Economics
  • Pages : 441
  • ISBN 13 : 0674976789
  • File Size : 41,41 MB

The Triumph of Broken Promises by Fritz Bartel PDF Summary

Book Description: Communist and capitalist states alike were scarred by the economic shocks of the 1970s. Why did only communist governments fall in their wake? Fritz Bartel argues that Western democracies were insulated by neoliberalism. While austerity was fatal to the legitimacy of communism, democratic politicians could win votes by pushing market discipline.

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