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Author: Torsten Geelan Publisher: Springer ISBN: 3319706004 Category : Social Science Languages : en Pages : 285
Book Description
This edited collection critically engages with a range of contemporary issues in the aftermath of the North Atlantic financial crisis that began in 2007. From challenging the erosion of academic authority to the myth that parliamentary democracy is not worth engaging with, it addresses three interrelated questions facing young people today: how to reclaim our universities, how to revitalise our democracy and how to recast politics in the 21st century. This book emphasises the crucial importance of generational experience as a wellspring for progressive social change. For it is the young generations who have come of age in a world marred by crises that are at the forefront of challenging the status quo. With insight into new social movements and protests in the UK, Canada, Greece and Ukraine, this stimulating collection of works will be invaluable for those teaching, studying and campaigning for alternatives. It will also be of relevance to scholars in social movement studies, the sociology and anthropology of economic life, the sociology of education, social and political theory, and political sociology.
Author: Torsten Geelan Publisher: Springer ISBN: 3319706004 Category : Social Science Languages : en Pages : 285
Book Description
This edited collection critically engages with a range of contemporary issues in the aftermath of the North Atlantic financial crisis that began in 2007. From challenging the erosion of academic authority to the myth that parliamentary democracy is not worth engaging with, it addresses three interrelated questions facing young people today: how to reclaim our universities, how to revitalise our democracy and how to recast politics in the 21st century. This book emphasises the crucial importance of generational experience as a wellspring for progressive social change. For it is the young generations who have come of age in a world marred by crises that are at the forefront of challenging the status quo. With insight into new social movements and protests in the UK, Canada, Greece and Ukraine, this stimulating collection of works will be invaluable for those teaching, studying and campaigning for alternatives. It will also be of relevance to scholars in social movement studies, the sociology and anthropology of economic life, the sociology of education, social and political theory, and political sociology.
Author: Renate Mayntz Publisher: Campus Verlag ISBN: 9783593396712 Category : Financial crises Languages : en Pages : 0
Book Description
In reaction to the international financial crisis of 2007, a network of social scientists from seven countries analyzed the various changes in the regulation of financial markets, and this book presents their results. The articles published herein show patterns of institutional change that were triggered by the economic crisis on different political levels, of their implementation and effectiveness, as well as their results. An indispensible tool for political scientists, Crisis and Control contributes significantly to the theory of institutional change.
Author: Manuel Castells Publisher: Oxford University Press ISBN: 0199658412 Category : Business & Economics Languages : en Pages : 330
Book Description
The consequences of the financial crisis may be uncertain, but are sure to reach deep into the body politic, civil society, welfare systems, and reform. This collection of essays by leading international sociologists and social scientists explores the likely outcomes and consequences
Author: P. Utting Publisher: Springer ISBN: 1137002506 Category : Political Science Languages : en Pages : 289
Book Description
Global crises not only deeply impact the economy and people's livelihoods, they also unsettle basic ideas and assumptions about the meaning and drivers of development. This collection of theoretical and empirical studies explores the substance and politics of policy change following the 2007/8 crisis from the perspective of developing countries.
Author: Michel Serres Publisher: Bloomsbury Publishing USA ISBN: 1501307894 Category : Philosophy Languages : en Pages : 90
Book Description
For Michel Serres, economic crises are earthquakes caused by societal tectonic plates. The current crisis erupted because of the widening discrepancy between major social changes and institutions that have remained the same since WWII. Serres, one of the first to bring nature into the political, writes, "To destroy, kill, exploit is worthless. In the long run, it means destroying ourselves." At a time when the world population has grown so much that it is exhausting natural resources and the environment, we need to rethink cultural, social, and political dynamics. Serres argues that geopolitics and economics will no longer be a two-player game, between West and East, for example, but a three-player one, in which is Earth will be the third partner. This book is one of hope as it calls for a new world and extols the importance of science for our future and political institutions. Here, Serres demonstrates an optimistic outlook in a clear and luminous language that offers new paths for reflection and, ultimately, a better life for Earth and its inhabitants.
Author: Alan S. Blinder Publisher: Russell Sage Foundation ISBN: 1610448154 Category : Business & Economics Languages : en Pages : 375
Book Description
Some economic events are so major and unsettling that they “change everything.” Such is the case with the financial crisis that started in the summer of 2007 and is still a drag on the world economy. Yet enough time has now elapsed for economists to consider questions that run deeper than the usual focus on the immediate causes and consequences of the crisis. How have these stunning events changed our thinking about the role of the financial system in the economy, about the costs and benefits of financial innovation, about the efficiency of financial markets, and about the role the government should play in regulating finance? In Rethinking the Financial Crisis, some of the nation’s most renowned economists share their assessments of particular aspects of the crisis and reconsider the way we think about the financial system and its role in the economy. In its wide-ranging inquiry into the financial crash, Rethinking the Financial Crisis marshals an impressive collection of rigorous and yet empirically-relevant research that, in some respects, upsets the conventional wisdom about the crisis and also opens up new areas for exploration. Two separate chapters–by Burton G. Malkiel and by Hersh Shefrin and Meir Statman – debate whether the facts of the financial crisis upend the efficient market hypothesis and require a more behavioral account of financial market performance. To build a better bridge between the study of finance and the “real” economy of production and employment, Simon Gilchrist and Egan Zakrasjek take an innovative measure of financial stress and embed it in a model of the U.S. economy to assess how disruptions in financial markets affect economic activity—and how the Federal Reserve might do monetary policy better. The volume also examines the crucial role of financial innovation in the evolution of the pre-crash financial system. Thomas Philippon documents the huge increase in the size of the financial services industry relative to real GDP, and also the increasing cost per financial transaction. He suggests that the finance industry of 1900 was just as able to produce loans, bonds, and stocks as its modern counterpart—and it did so more cheaply. Robert Jarrow looks in detail at some of the major types of exotic securities developed by financial engineers, such as collateralized debt obligations and credit-default swaps, reaching judgments on which make the real economy more efficient and which do not. The volume’s final section turns explicitly to regulatory matters. Robert Litan discusses the political economy of financial regulation before and after the crisis. He reviews the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, which he considers an imperfect but useful response to a major breakdown in market and regulatory discipline. At a time when the financial sector continues to be a source of considerable controversy, Rethinking the Financial Crisis addresses important questions about the complex workings of American finance and shows how the study of economics needs to change to deepen our understanding of the indispensable but risky role that the financial system plays in modern economies.
Author: Alain Touraine Publisher: Polity ISBN: 9780745653853 Category : Business & Economics Languages : en Pages : 0
Book Description
What effects will the current economic crisis have on the long-term development of our societies? What does the future hold in store when we emerge from the crisis? These two questions lie at the heart of this important new book by the leading French sociologist Alain Touraine. In an era dominated by the global economy and the triumph of individualism, our society has broken away from the old model of integration in place since the industrial revolution. We no longer see ourselves as players in an economic system around which every aspect of society is ordered but rather as individuals with our own rights, capable of creating our own lives in a world in which cultural values prevail. The financial crisis and the growing autonomy of speculative and financial imperatives have exacerbated the rift between the economy and society and could push this long-term tendency in either of two directions. On the one hand, individuals who find themselves unemployed, impoverished and stripped of their savings may feel increasingly excluded and incapable of reacting politically, which would explain the silence of many victims of the crisis. On the other hand, individuals could also find themselves transformed into social actors who are defined increasingly in moral and universal terms, in which case the crisis could help to precipitate a long-term cultural evolution. We are facing a future as yet undecided, a future hovering between catastrophe and radical reform. This book explores the factors that could tip the balance.
Author: Roland Benedikter Publisher: Springer Science & Business Media ISBN: 1441977740 Category : Business & Economics Languages : en Pages : 143
Book Description
For over 2,000 years, banks have served to facilitate the exchange of money and to provide a variety of economic and financial services. During the most recent financial collapse and subsequent recession, beginning in 2008, banks have been vilified as perpetrators of the crisis, the public distrust compounded by massive public bailouts. Nevertheless, another form of banking has also emerged, with a focus on promoting economic sustainability, investing in community, providing opportunity for the disadvantaged, and supporting social, environmental, and ethical agendas. Social Banking and Social Finance traces the emergence of the “bank with a conscience” and proposes a new approach to banking in the wake of the economic crisis. Featuring innovations and initiatives in banking from Europe, Canada, and the United States, Roland Benedikter presents an alternative to traditional banking practices that are focused exclusively on profit maximization. He argues that social banking is not about changing the system, but about improving some of its core features by putting into use the "triple bottom line" principle of profit-people-planet. Important lessons can be learned by the success of social banks that may be useful for the greater task of improving the global financial system and avoiding economic crises in the future.
Author: Yunpeng Zhu Publisher: Edward Elgar Publishing ISBN: 9781782541943 Category : Business & Economics Languages : en Pages : 280
Book Description
This volume presents a scholarly insider's perspective on the Asian economic crisis, examining the social, economic and political consequences of the crisis in six influential Asian economies: Indonesia, Korea, Malaysia, the Philippines, Taiwan and Thailand. Each chapter contains an analysis of the events leading up to and during the crisis, the social impacts and an assessment of possible futures for these countries. The contributors expertise and use of up-to-date data ensures an integrated approach by which the process of economic change can be understood. The book reveals that professional workers in the urban financial sector, as well as manual labourers in the export sector, felt the most dramatic effects. Impacts on the latter group resulted in a significant rise in the population living below the poverty line. The book emphasises the previous absence of strong social security 'nets' and the need to strengthen macroeconomic policies and institutional, legal, regulatory and supervisory structures. Other topics covered include intractable government corruption and fiscal management.
Author: Myrto Tsilimpounidi Publisher: Routledge ISBN: 1317557085 Category : Social Science Languages : en Pages : 223
Book Description
The global financial crisis has demonstrated the impact and implications of late capitalism and its bedfellow, globalisation. In the European context, crisis is seen as a threat to the stability of the region, rather than a local or national concern. Post-2008, crisis is social and political, rather than merely financial, as Western countries witness the consequences of consumption, growth and profit. In this book, Tsilimpounidi demonstrates how sociologists must develop new approaches to examining rapid shifts in the social landscape, since crisis is not merely reflected in balance sheets, but is mediated through spectacular imagery of loss, deprivation and increased vectors of marginalisation. Providing focused and valuable insight into the pressing problems of those living in Greece in relation to the wider spheres of the nation and at the level of the European Union, Sociology of Crisis takes an approach that is firmly located within a critical sociological appeal to reflexivity. A timely engagement with the problem of crisis at a macro-level and in dialogue with the everyday experiences of crisis on a micro-level, this interdisciplinary title will appeal to both undergraduate and postgraduate students interested in sociology, social policy, geography, urban studies and research methods (social science).
Author: Torsten Geelan
Author: Torsten Geelan
Author: Renate Mayntz
Author: Manuel Castells
Author: P. Utting
Author: Michel Serres
Author: Alan S. Blinder
Author: Alain Touraine
Author: Roland Benedikter
Author: Yunpeng Zhu
Author: Myrto Tsilimpounidi