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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Business as Usual: The Roots of the Global Financial Meltdown

Business as Usual: The Roots of the Global Financial Meltdown

Calhoun, Craig
Derluguian, Georgi

Hardcover

Series: Possible Futures, Book 2

EconomicsInvesting & Finance

ISBN10: 0814772773
ISBN13: 9780814772775
Publisher: New York Univ Pr
Published: May 1 2011
Pages: 312
Weight: 1.20
Height: 1.00 Width: 6.20 Depth: 9.00
Language: English

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

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