Polity Press

The European Union is in crisis. Crippled by economic problems, political brinkmanship, and institutional rigidity, the EU faces an increasingly uncertain future. In this compelling essay, leading scholar of European politics, Jan Zielonka argues that although the EU will only survive in modest form - deprived of many real powers - Europe as an...

The age of Western hegemony is over. Whether or not America itself is declining, the post-war liberal world order underpinned by US military, economic and ideological primacy and supported by global institutions serving its power and purpose, is coming to an end. But what will take its place? A Chinese world order? A re-constituted form of American...

Max Weber famously argued that the rise of capitalism in early modern Europe was premised on the emergence of a distinctive set of attitudes - including the pursuit of profit for its own sake - which he called 'the spirit of capitalism'. Today, when capitalism has spread across the globe, the spirit of capitalism would appear to reign supreme. In...

The West has long defined the pursuit of happiness in economic terms but now, in the wake of the 2007-8 financial crisis, it is time to think again about what constitutes our happiness. In this wide-ranging new book, the leading economist Daniel Cohen traces our current malaise back to the rise of homo economicus: for the last 200 years, the...

Capitalism is the only complex system known to us that can provide an efficient and innovative economy, but the financial crisis has brought out the pernicious side of capitalism and shown that it remains dependent on the state to rescue it from its own deficiencies. Can capitalism be reshaped so that it is fit for society, or must we acquiesce to...

The central paradox of the contemporary world is the simultaneous presence of wealth on an unprecedented scale, and mass poverty. Liberal theory explains the relationship between capitalism and poverty as one based around the dichotomy of inclusion (into capitalism) vs exclusion (from capitalism). Within this discourse, the global capitalist system...