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.
- ISBN10 0199677387
- ISBN13 9780199677382
- Publish Date 27 March 2014 (first published 1 January 2012)
- Publish Status Active
- Publish Country GB
- Imprint Oxford University Press
- Format Paperback
- Pages 336
- Language English