THE GREAT CREDIT CRASH
NEW TITLE FROM VERSO:
The Great Credit Crash
Edited by MARTIJN KONINGS
With contributions from WALDEN BELLO, PETER GOWAN, STANLEY ARONOWITZ, LEO PANITCH
Most accounts of the current financial crisis tell a story of deregulation, out-of-control markets and irresponsible speculation. But few of those works have done more than regurgitate the newspaper coverage. In contrast, THE GREAT CREDIT CRASH digs deeper, drawing on some of the most prominent radical analysts of the modern market to foreground key questions that are still waiting to be answered.
This volume presents a more complete and convincing analysis of the recent economic disaster, which is revealed as a product of a social order built during the triumphalist years of neoliberal capitalism. The essays are collected across sections examining the origins and causes of the crisis, its global dimensions, and the political ramifications of the credit crash, with contributors assessing current events and political responses and critically examining official rhetoric and hegemonic narratives to point the way to an understanding of the crisis that goes beyond the subprime headlines.
Contributors to the volume include: Walden Bello, Peter Gowan, Stanley Aronowitz, Leo Panitch, Dick Bryan, Gary A. Dymski, Thomas Ferguson, Sam Gindin, Michael Hudson, Robert Johnson, James Livingston, Scott MacWilliam, Johnna Montgomerie, Anastasia Nesvetailova, Ronen Palan, Michael Rafferty, William I. Robinson, Herman Schwartz, Susanne Soederberg, Jeffrey Sommers, Henry Veltmeyer.
Praise for the contributors:
Walden Bello: “The world’s leading no-nonsense revolutionary.” – Naomi Klein
“The world’s best guide to American exploitation of the globe’s poor and defenceless.” – Chalmers Johnson
Peter Gowan: “One of the most formidable intellects among young radicals from the 1960s New Left….[an] intellectual giant” – Misha Glenny, The Guardian
Stanley Aronowitz: “To say that Stanley Aronowitz is a national treasure is an understatement.” – Peter McLaren, UCLA
MARTIJN KONINGS is a lecturer in the Department of Political Economy at the University of Sydney . He is co-editor with Leo Panitch of American Empire and the Political Economy of Global Finance.
ISBN: 978 1 84467 431 2 / $26.95 / £19.95 / CAN$33.50 / Paperback / 416 pages
ISBN: 978 1 84467 433 6 / $100.00 / £60.00 / CAN$118.50 / Hardback / 416 Pages
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