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The Triumph of Broken Promises

The Triumph of Broken Promises PDF Author: Fritz Bartel
Publisher: Harvard University Press
ISBN: 0674976789
Category : Business & Economics
Languages : en
Pages : 441

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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.