Buch(elektronisch)2014

Crisis Without End?: The Unravelling of Western Prosperity

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Abstract

Cover -- Contents -- Preface and Acknowledgements -- Introduction: Living in a Neo-Liberal World -- Summary of the argument -- 1 The New Stagflation -- The case that nothing fundamental has changed -- The case that something fundamental has changed -- The case that something fundamental needs to change -- 2 Understanding 'Crisis' -- Crisis as creative destruction -- Crisis as system management -- Crisis as risk management -- Crisis as shifting policy paradigms -- Structural dilemmas in liberal political economies -- The 1930s crisis -- The 1970s crisis -- The 2010s crisis -- 3 The Crash and the Recovery -- Phase 1: from the credit crunch to the financial crash -- Phase 2: the slump and the first recovery 2009-10 -- Phase 3: the impact of the eurozone crisis 2011-12 -- Phase 4: the second recovery from 2013 -- Political resilience -- 4 The Global Shift -- The changing international market order -- Geography of the international market order -- The G20 -- The international monetary system -- International trade -- Conclusion -- 5 The Governance Conundrum -- Hegemony -- Multipolarity: governance without government -- The democratic disconnect -- The question of US leadership -- Conclusion -- 6 The Growth Conundrum -- Reproducing labour: demography and human capital -- Debt and technology -- Environmental change -- Conclusion: the problem of democracy -- 7 The Fiscal Conundrum -- The austerity -- The tax state -- The fiscal crisis in the US -- The crisis in the eurozone -- Conclusion -- 8 Paths to the Future -- Scenario 1: US primacy -- Scenario 2: the G2 -- Scenario 3: multilateral governance -- Scenario 4: US decline -- Conclusion: a time of troubles, a time of progress -- Guide to Further Reading -- Bibliography -- Index.