Reposted by Rainer Voss
Can a consensus-driven system deliver radical change? 🏛️
New in German Politics, @dustinvoss.bsky.social uses Germany’s 1999 repeal of capital gains tax to argue organised capitalism can both drag out and provide political capital to enact reforms.
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www.lse.ac.uk/european-ins...
lse.ac.uk
In bed with the banks? Organised capitalism, institutional bricoleurs, and the role of agency in German financial market reform
Can political systems built on consensus and veto points deliver radical change?