The Global Crisis and the Assault on Democracy

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    The paper argues that the current global capitalist crisis entails an assault on democracy. Since crisis connotes danger and opportunity, the recent crisis appears to be a danger to democracy but an opportunity to its antithetical ideals. At the international level, multilateral institutions have seized the moment to reaffirm the perpetuation of the discursive and structural hegemony of neoliberalism. In East and Southeast Asia, states and regional organisations have revived arguments for the institutional justification of authoritarian liberalism in the region. And in the US and Europe, attempts at restoring nationalism are gaining ground. The global crisis provides the momentum for—but not the sole cause of—the intensification of these counter-democratisation movements and tendencies.
    Original languageEnglish
    Publication date28 May 2010
    Number of pages17
    Publication statusPublished - 28 May 2010
    EventAfter the Gold Rush: Economic Crisis and Consequences - , Iceland
    Duration: 27 May 201028 May 2010


    ConferenceAfter the Gold Rush: Economic Crisis and Consequences

    Bibliographical note

    Juego, B. and J. Schmidt (2010), 'The Global Crisis and the Assault on Democracy', Paper presented at the Conference ‘After the Gold Rush: Economic Crisis and Consequences’, University of Iceland, Reykjavik, 27-28 May 2010


    • global crisis
    • democracy
    • neoliberalism
    • authoritarian liberalism
    • nationalism
    • east and southeast asia
    • US
    • europe
    • bonn juego
    • johannes dragsbaek schmidt


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