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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 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.
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