Business as usual : the roots of the global financial meltdown / edited by Craig Calhoun and Georgi Derluguian.
Associated Name: Calhoun, Craig J., 1952-
Associated Name: Derluguian, Georgi M.
Publication year: c2011.
Call Number HB3722 .B867 2011
Media class: Book
Publisher: New York : New York University Press
ISBN: 9780814772782 0814772781 9780814772775 0814772773 9780814772799- 081477279X-
"A joint publication of the Social Science Research Council and New York University Press."
Series title: Possible futures series ; v. 1
Additional information: 312 p. : ill. ; 23 cm.
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Situates the current crisis in the historical trajectory of the capitalist world-system, showing how the crisis was made possible not only by neoliberal financial reforms but by a massive turn away from manufacturing things of value towards seeking profit from financial exchange and credit. Much more basic than the result of a few financial traders cheating the system, this is a potential historical turning point. In original essays, the contributors establish why the system was ripe for crisis of the past, and yet why this meltdown was different. The volume concludes by asking whether as deep as the crisis is, it may contain seeds of a new global economy, what role the US will play, and whether China or other countries will rise to global leadership.
Series introduction : from the current crisis to possible futures / Craig Calhoun -- Introduction / Craig Calhoun and Georgi Derluguian -- The end of the long twentieth century / Beverly J. Silver and Giovanni Arrighi -- Dynamics of (unresolved) global crisis / Immanuel Wallerstein -- The enigma of capital and the crisis this time / David Harvey -- A turning point or business as usual? / Daniel Chirot -- Marketization, social protection, emancipation : toward a neo-Polanyian conception of capitalist crisis / Nancy Fraser -- Crisis, underconsumption, and social policy / Caglar Keyder -- The crisis of global capitalism : toward a new economic culture? / Manuel Castells -- The convolution of capitalism / Gopal Balakrishnan -- The future in question : history and utopia in Latin America (1989-2010) / Fernando Coronil.
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