Business as usual
Subtitle: the roots of the global financial meltdown
By: edited by Craig Calhoun and Georgi Derluguian
Series: Possible futures series -- v. 1
Publisher: New York University Press
Published: 2011
Place of publication: New York
Language: eng
Number of pages: 312
ISBN-13: 9780814772775; 9780814772782; 9780814772799
Subjects: Global Financial Crisis, 2008-2009; Financial crises; Consumption (Economics); Capitalism
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.
Notes: "A co-publication with the Social Science Research Council."

Includes bibliographical references and index.