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Aftermath - The Cultures of the Economic Crisis (Paperback)
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Aftermath - The Cultures of the Economic Crisis (Paperback)
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The crisis of global capitalism that has unfolded since 2008 is
more than an economic crisis. It is structural and
multidimensional. The sequence of events that have taken place in
its aftermath show that we are entering a world that is very
different from the social and economic conditions that
characterized the rise of global, informational capitalism in the
preceding three decades. The policies and strategies that were
intended to manage the crisis-with mixed results depending on the
country-may usher in a distinctly different economic and
institutional system, as the New Deal, the construction of the
European Welfare State, and the Bretton Woods global financial
architecture all gave rise to a new form of capitalism in the
aftermath of the 1930s Depression, and World War II. This volume
examines the cultures and institutions at the root of the crisis,
as well as the conflicts and debates that may lead to a new social
landscape, including the rise of alternative economic cultures in
the social movements that have sprung up around the world. This
collection of essays presents the results of a shared project of
reflection by a group of international sociologists and social
scientists, led by Manuel Castells. They conclude that to address
life beyond the crisis, we need nothing less than a complete
transformation of the mind-set that led to bankruptcy and despair,
and to economies and societies based on an unsustainable model of
speculative finance and political irresponsibility.
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