In "Frankfurter Allgemeine Zeitung" (November 5, 2011), Jürgen Habermas has published a new comment on the crisis of the EU:
"Rettet die Würde der Demokratie"
Papandreou hält dem zerrissenen Europa den Spiegel vor.
Ein Kommentar zu Frank Schirrmachers „Demokratie ist Ramsch" (Frankfurter Allgemeine Zeitung, November 1, 2011).
In his comment, Habermas describes the tension between democracy and capitalism and he refers to an article by Wolfgang Streeck on "The Crisis of Democratic Capitalism" in "New Left Review" Sep-Oct 2011. Wolfgang Streeck's paper was given as the 2011 Max Weber Lecture at the European University Institute, Florence, in April 2011. See the paper here [pdf].
See comments on Habermas's article here.
And an English summary here.
An English translation of Frank Schirrmachers's article: "Democracy has junk status" (PressEurop).