1.

Record Nr.

UNINA9910785513103321

Titolo

The Intellectual Origins of the Global Financial Crisis / / Taun N. Toay, Roger Berkowitz

Pubbl/distr/stampa

New York, NY : , : Fordham University Press, , [2012]

©2012

ISBN

0-8232-4963-8

0-8232-5075-X

0-8232-5040-7

Edizione

[1st ed.]

Descrizione fisica

1 online resource (229 p.)

Disciplina

330.9/0511

Soggetti

Global Financial Crisis, 2008-2009

Financial crises - Philosophy

Economics - Philosophy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

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

Sommario/riassunto

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.