Through an examination of election campaign propaganda and various public relations campaigns, reflecting new electioneering techniques borrowed from the United States, this work explores how conservative political and economic groups sought to construct and sell a political meaning of the Social Market Economy and the Economic Miracle in West Germany during the 1950s.The political meaning of economics contributed to conservative electoral success, constructed a new belief in the free market economy within West German society, and provided legitimacy and political stability for the new Federal Republic of Germany.
Shortlisted for the 2024 Speaker's Book Award • Nominated for the 2024 Heritage Toronto Book Award • A Hamilton Review of Books Best Book of 2023
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In our rapidly changing world, the future of our economic system--capitalism--seems more unpredictable than ever. Digitalization is already having a significant impact on the labor market. Intensive globalization has led to the emergence of new forms of capitalism that are very different from the Western free market economies. And contemporary critiques of capitalism present another challenge to our economic system.
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In his newest book, Stehr builds on his classic book Knowledge Societies (1994) to expand the concept toward one of knowledge capitalism for a now, much-changed era. It is not only because of the onset of the Covid-19 pandemic that we are living in a new epoch; it is the idea that modern societies increasingly constitute comprehensive knowledge societies under intensive capitalism, whereby the legal encoding of knowledge through national and international law is the lever that enables the transformation of the knowledge society into knowledge capitalism. The Trade Related Aspects of Intellectual Property Rights agreement, negotiated between 1986 and 1994 as part of the World Trade Organization, is the backbone of the modern society and marks a clear historical demarcation, and although knowledge capitalism is primarily an economic development, the digital giants who are in the driver’s seat have significant effects on the social structure and culture of modern society.
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