After the financial crisis [electronic resource] : shifting legal, economic and political paradigms  /
Iglesias-Rodriguez, Pablo.editor.
Triandafyllidou, Anna.editor.
Gropas, Ruby.editor.
This international collection studies how the financial crisis of 2007 and the ensuing economic and political crises in Europe and North America have triggered a process of change in the field of economics, law and politics. Contributors to this book argue that both elites and citizens have had to rethink the nature of the market, the role of the state as a market regulator and as a provider of welfare, the role of political parties in representing society’s main political and social cleavages, the role of civil society in voicing the concerns of citizens, and the role of the citizen as the ultimate source of power in a democracy but also as a fundamentally powerless subject in a global economy. The book studies the actors, the areas and the processes that have carried forward the change and proposes the notion of ‘incomplete paradigm shift’ to analyse this change. Its authors explore the multiple dimensions of paradigm shifts and their differentiated evolution, arguing that today we witness an incomplete paradigm shift of financial regulations, economic models and welfare systems, but a stillbirth of a new political and economic paradigm.
Includes bibliographical references at the end of each chapters and index.
1. Has the Financial Crisis led to a Paradigm Shift?; Pablo Iglesias-Rodríguez, Ruby Gropas and Anna Triandafyllidou -- 2. Paradism Shift in Financial-Sector Policymaking Models: From Industry-Based to Civil Society-based EU Financial Services Governance; Pablo Iglesias-Rodríguez -- 3. Changing Perceptions of Systemic Risk in Financial Regulation; Caroline Bradley -- From National to Supranational: A Paradigm Shift in Political Economy; Guido Montani -- 5. Growth and Welfare: Shifts in Labour Market Policies; Henri Sneessens -- 6. Rethinking E(M)U Governance from the Perspective of Social Investment; Anton Hemerijck -- 7. Creative Resistance in times of Economic Crises: Community Engagement, Non-Capitalist Creative Practices and Provoking Shifts at the Local Level; Ruby Gropas -- 8. EU Civil Society and the Crisis: Changing Channels and Organizational Patters in European Transnational Civil Society; Alison E. Woodward -- 9. The Restructuring of the Western European Party Space in the Crisis: A Comparative Study of Austria, France, and Germany; Jasmine Lorenzini, Swen Hutter, and Hanspeter Kriesi -- 10. ‘Tina’ Revisited: Why Alternative Narratives of the Eurozone Crisis Matterl Ukrike Liebert -- 11. From One-Directional to Multi-Directional Paradigm Shift; Pablo Iglesias-Rodriguez, Anna Triandafyllidou, Ruby Gropas. .
This international collection studies how the financial crisis of 2007 and the ensuing economic and political crises in Europe and North America have triggered a process of change in the field of economics, law and politics. Contributors to this book argue that both elites and citizens have had to rethink the nature of the market, the role of the state as a market regulator and as a provider of welfare, the role of political parties in representing society’s main political and social cleavages, the role of civil society in voicing the concerns of citizens, and the role of the citizen as the ultimate source of power in a democracy but also as a fundamentally powerless subject in a global economy. The book studies the actors, the areas and the processes that have carried forward the change and proposes the notion of ‘incomplete paradigm shift’ to analyse this change. Its authors explore the multiple dimensions of paradigm shifts and their differentiated evolution, arguing that today we witness an incomplete paradigm shift of financial regulations, economic models and welfare systems, but a stillbirth of a new political and economic paradigm.
Political sociology.
Labor economics.
Sociology.
Political Sociology.
European Politics.
Labor Economics.
Sociology, general.