Business As Usual
The Roots of the Global Financial Meltdown
Published on 1. May 2011
Book
Hardback
312 pages
978-0-8147-7277-5 (ISBN)
Description
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.
Contributors include: Giovanni Arrighi, Gopal Balakrishnan, Manuel Castells, Daniel Chirot, Fernando Coronil, Nancy Fraser, James K. Galbraith, David Harvey, Caglar Keyder, Beverly J. Silver, and Immanuel Wallerstein.
The three volumes can purchased individually or as a set.
Business as Usual is the first part of a trilogy comprised of the first three books in the Possible Future series.
Volume 1: Business as Usual
Volume 2: The Deepening Crisis
Volume 3: Aftermath
The three volumes are linked by a common introduction and can be purchased individually or as a set.
Contributors include: Giovanni Arrighi, Gopal Balakrishnan, Manuel Castells, Daniel Chirot, Fernando Coronil, Nancy Fraser, James K. Galbraith, David Harvey, Caglar Keyder, Beverly J. Silver, and Immanuel Wallerstein.
The three volumes can purchased individually or as a set.
Business as Usual is the first part of a trilogy comprised of the first three books in the Possible Future series.
Volume 1: Business as Usual
Volume 2: The Deepening Crisis
Volume 3: Aftermath
The three volumes are linked by a common introduction and can be purchased individually or as a set.
Reviews / Votes
"The 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)More details
Series
Language
English
Place of publication
New York
United States
Target group
College/higher education
Professional and scholarly
Product notice
Cloth over boards
Dimensions
Height: 229 mm
Width: 152 mm
Thickness: 22 mm
Weight
601 gr
ISBN-13
978-0-8147-7277-5 (9780814772775)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
E-Book
05/2011
1st Edition
New York University Press
€142.99
Available for download
Persons
Craig Calhoun is Director of the London School of Economics and Global Distinguished Professor of Sociology at New York University. His most recent book is The Roots of Radicalism: Tradition, the Public Sphere, and Early Nineteenth-Century Social Movements.
Georgi Derluguian is Associate Professor of International Studies and Sociology at Northwestern University and is the author of Bourdieu's Secret Admirer in the Caucasus: A World-System Biography.
Georgi Derluguian is Associate Professor of International Studies and Sociology at Northwestern University and is the author of Bourdieu's Secret Admirer in the Caucasus: A World-System Biography.
Content
Series 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