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The crisis of global capitalism that has unfolded since 2008 is more than an economic crisis. It is structural and multidimensional. The sequence of events that have taken place in its aftermath show that we are entering a world that is very different from the social and economic conditions that characterized the rise of global, informational capitalism in the preceding three decades. The policies and strategies that were intended to manage the crisis--with mixed results depending on the country--may usher in a distinctly different economic and institutional system, as the New Deal, the construction of the European Welfare State, and the Bretton Woods global financial architecture all gave rise to a new form of capitalism in the aftermath of the 1930s Depression, and World War II.This volume examines the cultures and institutions at the root of the crisis, as well as the conflicts and debates that may lead to a new social landscape, including the rise of alternative economic cultures in the social movements that have sprung up around the world. This collection of essays presents the results of a shared project of reflection by a group of international sociologists and social scientists, led by Manuel Castells. They conclude that to address life beyond the crisis, we need nothing less than a complete transformation of the mind-set that led to bankruptcy and despair, and to economies and societies based on an unsustainable model of speculative finance and political irresponsibility.
This volume investigates whether the global economic crisis initiated in 2008 represents a fundamental, structural shift in the nature of capitalism rather than a temporary market fluctuation. Led by Manuel Castells, a team of international sociologists and social scientists analyzes the institutional and cultural failures that precipitated the collapse of speculative financial models. The authors argue that the current era demands a total transformation of the prevailing economic mind-set to replace unsustainable systems with new, socially responsible frameworks.
What You Will Find
Experts recognize this collection as a significant sociological contribution to the study of contemporary global capitalism. Readers frequently note the academic density of the prose and the rigorous interdisciplinary approach taken by the contributors.
Page Count:
58
Publication Date:
2012-01-01
Publisher:
Fantasy Games Unlimited
ISBN-10:
0199658412
ISBN-13:
9780199658411
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