Product Description: Situates the current crisis in the historical trajectory of the capitalist world-system, showing how the crisis was made possible not only by neoliberal financial reforms but by a massive turn away from manufacturing things of value towards seeking profit from financial exchange and credit...read more

The global financial crisis showed deep problems with mainstream economic predictions, as well as the vulnerability of the world's richest countries and the enormous potential of some poorer ones. China, India, Brazil, and other counties are growing faster than Europe or America and have weathered the crisis better. Is their growth due to following conventional economic guidelines or to strong state leadership and sometimes protectionism? These issues are basic to the question of which countries will grow in comind decades, as well as the likely conflicts over global trade policy, currency standards, and economic cooperation.Contributors include: Ha-Joon Chang, Piotr Dutkiewicz, Alexis Habiyaremye, James K. Galbraith, Grzegorz Gorzelak, Jomo Kwame Sundaram, Manuel Montes, Vladimir Popov, Felice Noelle Rodriguez, Dani Rodrik, Saskia Sassen, Luc Soete, and R. Bin Wong. Aftermath is the third part of a trilogy comprised of the first three books in the Possible Future series. Volume 1: Business as UsualVolume 2: The Deepening CrisisVolume 3: AftermathThe three volumes are linked by a common introduction and can be purchased individually or as a set.

Product Description: Response to financial meltdown is entangled with basic challenges to global governance. Environment, global security and ethnicity and nationalism are all global issues today. Focusing on the political and social dimensions of the crisis, contributors examine changes in relationships between the world’s richer and poorer countries, efforts to strengthen global institutions, and difficulties facing states trying to create stability for their citizens...read more