When trust in institutions is lacking, we have a problem

An interview with Henrik Müller, a professor of economic policy journalism at the Institute of Journalism at TU Dortmund University, Germany. Interviewer: Markus Krzoska

MARKUS KRZOSKA: In your book, published last year, you analyse “turbo democratism” which, as you argue, poses a great threat to our social life. What characterises this phenomenon and what distinguishes it from the parliamentary democracy from which we have long been used to?

HENRIK MÜLLER: Actually my first idea for the title of my book was “turbo democratism”. It was later decided to be called Kurzschlusspolitik (a short circuit policy or a quick reaction policy). In the 2000s there was a lot of talk about turbo capitalism, which is an unstable economic system and which, as we now know, reached its peak with the 2008 financial crisis. Today, I argue that the political system, just like financial capitalism, is innately unstable. This instability comes from public opinion and society’s tendencies to have knee jerk reactions, which (at least partially) affects the traditional political structures.

February 3, 2021 - Henrik Müller Markus Krzoska