The intellectual origins of the global financial crisis / edited by Roger Berkowitz and Taun N. Toay.

Format:

Book

Contributor:

Berkowitz, Roger, 1968-

Toay, Taun N.

Language:

English

Subjects (All):

Global Financial Crisis, 2008-2009.

Financial crises--Philosophy.

Financial crises.

Economics--Philosophy.

Economics.

Physical Description:

1 online resource (229 p.)

Edition:

1st ed.

Place of Publication:

New York : Fordham University Press, 2012.

Language Note:

English

Summary:

Commentary on the financial crisis has offered technical analysis, political finger pointing, and myriad economic and political solutions. But rarely do these investigations reach beyond the economic and political causes of the crisis to explore their underlying intellectual grounds. The essays in this volume delve deeper into the cultural and intellectual foundations, philosophical ideas, political traditions, and economic movements that underlie the greatest financial crisis in nearly a century. Moving beyond traditional economic and political science approaches, these essays engage thinkers from Hannah Arendt to Max Weber and Adam Smith to Michel Foucault. With Arendt as a catalyst, the authors probe the philosophical as well as the cultural origins of the great recession. Orienting the volume is Arendt’s argument that past financial crises and also totalitarianism are rooted, at least in part, in the tendency for capital to expand its reach globally without regard to political and moral borders or limits. That politics is made subservient to economics names a cultural transformation that, in the spirit of Arendt, guides these essays in making sense of our present world. Including articles, interviews, and commentary from leading scholars and business executives, this volume offers views that are as diverse as they are timely. By reaching beyond “how” the crisis happened to “why” the crisis happened, the authors re-imagine the recent financial crisis and thus provide fresh thinking about how to respond.

Contents:

Front matter

Contents

Preface

Introduction. The Burden of Our Times

One. Can Arendt’s Discussion of Imperialism Help Us Understand the Current Financial Crisis?

Two. “No Revolution Required”

Three. Judging the Financial Crisis

Four. Capitalism, Ethics, and the Financial Crash

Five. An Interview with Paul Levy

Six. An Interview with Vincent Mai

Seven. Brazil as a Model?

Eight. An Interview with Raymundo Magliano Filho

Nine. Round Table

Ten. The Roots of the Crisis

Eleven. Where Keynes Went Wrong

Twelve. Managed Money, the “Great Recession,” and Beyond

Thirteen. Turning the Economy into a Casino

Fourteen. Capitalism

Fifteen. Retrieving Chance

Sixteen. The End of Neoliberalism?

Seventeen. Short- Term Thinking

Eighteen. Can There Be a People’s Commons?

Nineteen. An Economic Epilogue

Notes

Contributors

Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 23. Jul 2020)

Description based on publisher supplied metadata and other sources.

ISBN:

0-8232-4963-8

0-8232-5075-X

0-8232-5040-7

OCLC:

830023537