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The Intellectual Origins of the Global Financial Crisis (Hardcover)
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The Intellectual Origins of the Global Financial Crisis (Hardcover)
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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.
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