What We Are Reading Today: Democracy and Prosperity by Torben Iversen and David Soskice

Updated 17 January 2019
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What We Are Reading Today: Democracy and Prosperity by Torben Iversen and David Soskice

It is a widespread view that democracy and the advanced nation-state are in crisis, weakened by globalization and undermined by global capitalism, in turn explaining rising inequality and mounting populism. 

This book, written by two of the world’s leading political economists, argues this view is wrong: Advanced democracies are resilient, and their enduring historical relationship with capitalism has been mutually beneficial, says a review on the Princeton University Press website.

For all the chaos and upheaval over the past century — major wars, economic crises, massive social change, and technological revolutions — Torben Iversen and David Soskice show how democratic states continuously reinvent their economies through massive public investment in research and education, by imposing competitive product markets and cooperation in the workplace, and by securing macroeconomic discipline as the preconditions for innovation and the promotion of the advanced sectors of the economy. 


Bangladesh actress told to remove ‘vulgar’ photos

The case is believed to be the first case of its kind to hit the national entertainment industry. (Shutterstock)
Updated 4 min 46 sec ago
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Bangladesh actress told to remove ‘vulgar’ photos

DHAKA: Provocative selfies earned Bangladeshi social media star Sanai Mahbub a reprimand from Bangladesh police on Monday, as authorities in the conservative Muslim country step up their campaign against adult content online.

The aspiring actress, who regularly posts suggestive but fully-clothed photographs on social media platforms, hit local headlines last year after becoming the first Bangladeshi celebrity to announce that she had undergone breast enhancement surgery.

In what is believed to be the first case of its kind to hit the national entertainment industry, the 21-year-old was ordered to attend a Dhaka police station on Sunday and told to pull the photos.

Nazmul Islam, a senior official of the Dhaka police cyber-crime unit, said the actress was “counselled” by officers and told to remove the “vulgar” content.