April 16, 2019
Oliver Nachtwey in Manhattan
Goethe-Institut New York
April 16, 2019
7.00pm - 8.30pm
Goethe-Institut New York
30 Irving Place
New York, NY 10003 United States
The Crisis of Contemporary Capitalism: Oliver Nachtwey in conversation with Ajay Singh Chaudhary

Join German sociologist Oliver Nachtwey and Ajay Singh Chaudhary for a conversation on how neoliberalism is causing a social crisis in Germany and the rest of Europe.
Upward social mobility represented a core promise of life under the “old” West German welfare state, in which millions of skilled workers upgraded their Volkswagens to Audis, bought their first homes, and sent their children to university. Not so in today’s Federal Republic, where the gears of the so-called “elevator society” have long since ground to a halt. In the absence of the social mobility of yesterday, widespread social exhaustion and anxiety have emerged across mainstream society. This discussion will investigate the crisis of contemporary capitalism in postwar Europe, the reasons for the political and social rupture in German society and the rise of right-wing populism throughout and beyond Europe.
Oliver Nachtwey is Associate Professor of Social Structure Analysis at the University of Basel, and a fellow at the Institute for Social Research in Frankfurt. His research interests include labor and industrial sociology, political sociology, the comparative study of capitalism, and social movements. He is the author of Germany’s Hidden Crisis: Social Decline in the Heart of Europe.
Ajay Singh Chaudhary is the executive director of the Brooklyn Institute for Social Research and a core faculty member specializing in social and political theory. He has written for the The Guardian, Los Angeles Review of BooksQuartz, Social TextDialectical AnthropologyThe Jewish Daily Forward,Filmmaker Magazine, and 3quarksdaily, among others.
Co-sponsored by Verso Books, Goethe-Institut and Brooklyn Institute for Social Research.

Oliver Nachtwey's US Tour is made possible by the generous support of Deutschlandjahr USA | Year of German-American Friendship.

"A must to read for everyone interested in the dark side of the economic wealth of Western countries.” —Axel Honneth

“A true masterpiece. Focusing on the case of Germany—which has long been mispresented and misperceived as a paragon of economic success and political stability—Oliver Nachtwey offers a detailed account of the crisis of contemporary capitalism. Moving at the forefront of leading theories of political economy, the book develops an empirically grounded synthetic perspective on ‘regressive modernity,’ a concept of which much can be expected for future progress in the study of capitalist development.” —Wolfgang Streeck

“A major critical review of Europe’s most important country, its socio-economics, its politics, and its self-diagnoses.” —Göran Therborn