A ‘post‐capitalist interregnum’ is dawning, argues Wolfgang Streeck – a prolonged period of social entropy, radical uncertainty and indeterminacy, in which society is essentially ungovernable and no new world order waits in the wings. Tracing the four‐stage crisis sequence of neoliberal capitalism up to today's disintegrating state system, he finds it exemplified in borderless Europe – and specifically in Britain's fateful referenda.
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Wolfgang Streeck (2016) studied this question.