Business As Usual: The Roots of the Global Financial Meltdown
Much more basic than the result of a few financial traders cheating the system, Business As Usual shows how the current financial crisis was made possible by both neoliberal financial reforms and a massive turning away from manufacturing things of value to make profits from trading financial assets. In original essays, the contributors establish how the Great Recession is related to crises of the past and yet why this meltdown was different. The volume concludes by asking whether the crisis—despite its severity—contains seeds of a new global economy, what role the United States will play, and whether China or other countries will rise to global leadership.
Published: NYU Press/SSRC, 2011
Citation: Business As Usual: The Roots of the Global Financial Meltdown, eds. Craig Calhoun and Georgi Derluguian (New York: NYU Press/SSRC, 2011).