GRETA KRIPPNER PDF

Each year, the Distinguished Scholarly Publication Award Committee reads and evaluates more than sixty nominated books, a great many of them excellent works of scholarship, and quite a few worthy of significant distinction. This year, the A. Capitalizing on Crisis is a very significant, and particularly timely, book. In it, Krippner illuminates the historical and structural origins of the recent financial crisis, and she does so in an extremely economical and elegant format. In particular, she shows how and why leaders embraced financialization as a solution to the problems of inequality, and how doing so depoliticized a significant source of conflict in American society.

Author:Zolodal JoJotaur
Country:Algeria
Language:English (Spanish)
Genre:History
Published (Last):28 August 2005
Pages:422
PDF File Size:12.47 Mb
ePub File Size:8.19 Mb
ISBN:180-2-17808-711-4
Downloads:87460
Price:Free* [*Free Regsitration Required]
Uploader:Kajinn



Each year, the Distinguished Scholarly Publication Award Committee reads and evaluates more than sixty nominated books, a great many of them excellent works of scholarship, and quite a few worthy of significant distinction.

This year, the A. Capitalizing on Crisis is a very significant, and particularly timely, book. In it, Krippner illuminates the historical and structural origins of the recent financial crisis, and she does so in an extremely economical and elegant format.

In particular, she shows how and why leaders embraced financialization as a solution to the problems of inequality, and how doing so depoliticized a significant source of conflict in American society. It tells a remarkably insightful story about a remarkably complex, and exceptionally consequential process, and as such represents the best of contemporary American sociology.

Krippner begins and ends her book with Daniel Bell. Capitalizing on Crisis has a large number of sociological virtues. In the first place, its theoretical framing, conceptual development, and empirical documentation are meticulous. The main body of the book then turns to explaining why financialization occurred, and what theoretical and practical lessons can be drawn.

First, she examines those sociological approaches that criticize the economic theory that financial markets are by definition efficient by pointing out the dynamics inherent in markets that lead to manias and bubbles; the problem with these established critiques, she argues, is that they treat politics and the state as exogenous. Finally, Krippner examines Marxist and World-Systems perspectives, which account for financialization in terms of the goals of the state, but take such a broad historical sweep that the specific boundedness of these goals—and the limits on the ability to predict how proposed solutions will work out—is lost.

With this profound understanding of complex literatures, Krippner then delves into the details of the history, identifying the combination of three distinct processes: deregulation of financial markets, encouragement of global capital flows, and altered monetary policy.

Each of these was a response to immediate problems as well as more general social and political crises. Beyond the important history Krippner thus tells, however, is the more general lesson that particular solutions pursued for particular purposes in response to particular crises produced consequences that could not possibly be predicted in advance.

It thus leaves one with profound concerns not only about the course of public policy, but about its very possibility. As such, it is a powerful warning to any self-confident policy maker. It does so, moreover, in an extremely economical and elegant format. Skip to main content. Search Enter your keywords.

Greta Krippner Capitalizing on Crisis: The Political Origins of the Rise of Finance Each year, the Distinguished Scholarly Publication Award Committee reads and evaluates more than sixty nominated books, a great many of them excellent works of scholarship, and quite a few worthy of significant distinction.

GLIRONIA VENUSTA PDF

Capitalizing on Crisis: the Political Origins of the Rise of Finance

The system can't perform the operation now. Try again later. Citations per year. Duplicate citations. The following articles are merged in Scholar. Their combined citations are counted only for the first article. Merged citations.

KOSMOS C4000 PDF

Capitalizing on Crisis

.

BERSA THUNDER 380 MANUAL PDF

.

Related Articles