Description
Book SynopsisSituates the 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.
Trade ReviewThe high quality of the wide-ranging essays makes this volume a worthwhile addition to library collections and a valuable resource for both students and specialists wanting to explore the complex roots of the financial crisis. -- M. Perelman * Choice *
A brilliant and inspiring collection of analyses from world-renowned international social theorists and political economists, far-reaching in its implications for our understanding, not just of the current crisis, but of its historical roots and the importance of politics to the future of global socio-economic structures. -- Kate Nash,author of The Cultural Politics of Human Rights
There may be a silver lining to the global financial meltdown of 2008, for it has made possible a book such as this one. In Business as Usual, Craig Calhoun and Georgi Derluguian have brought together some of & the best and brightest in the business and given them a most unusual task: to tell the story of the financial crisis in all its complexity, in a manner that is both clear and precise. The result is critical social science at its best: more than explanation, prediction or prescription, this book offers the promise of actual understanding. -- Ivan Ascher,University of Massachusetts, Amherst
Calhoun and Derlugians co-edited book will be important for sociologists because of the wide range of arguments enlisted in an attempt to correlate the various parameters and focus discussion on specific theoretical aspects of the crisis. * Critical Sociology *
Table of ContentsSeries Acknowledgments Series Introduction: From the Current Crisis to Possible Futures Craig Calhoun Introduction Craig Calhoun and Georgi Derluguian1 The End of the Long Twentieth Century Beverly J. Silver and Giovanni Arrighi2 Dynamics of (Unresolved) Global Crisis Immanuel Wallerstein3 The Enigma of Capital and the Crisis This Time David Harvey4 A Turning Point or Business as Usual? Daniel Chirot5 Marketization, Social Protection, Emancipation: Toward a Neo-Polanyian Conception of Capitalist Crisis Nancy Fraser6 Crisis, Underconsumption, and Social Policy Caglar Keyder7 The Crisis of Global Capitalism: Toward a New Economic Culture? Manuel Castells 8 The Convolution of Capitalism Gopal Balakrishnan9 The Future in Question: History and Utopia in Latin America (1989-2010) Fernando Coronil Notes About the Contributors Index
