Bonfire of Illusions: The Twin Crises of the Liberal World Paperback - 2010
by Callinicos, A
- Used
- Paperback
Description
Standard delivery: 7 to 20 days
Details
- Title Bonfire of Illusions: The Twin Crises of the Liberal World
- Author Callinicos, A
- Binding Paperback
- Edition 1st
- Pages 144
- Volumes 1
- Language ENG
- Publisher Polity, Malden, MA
- Date 2010
- Illustrated Yes
- Features Bibliography, Illustrated, Index, Table of Contents
- Bookseller's Inventory # 9466526
- ISBN 9780745648767 / 0745648762
- Weight 0.52 lbs (0.24 kg)
- Dimensions 8.3 x 5.4 x 0.6 in (21.08 x 13.72 x 1.52 cm)
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From the rear cover
Both crises marked a severe setback for the global power of the United States, which had driven NATO expansion and forced through the liberalization of financial markets. More broadly they challenged the consensus that had reigned since the collapse of the Soviet bloc in 1989 that a US-orchestrated liberal capitalist order could offer the world peace and prosperity. Already badly damaged by the Iraq debacle, this consensus has now suffered potentially fatal blows.
In Bonfire of Illusions Alex Callinicos explores these twin crises. He traces the credit crunch that developed in 2007-8 to a much more protracted crisis of overaccumulation and profitability that has gripped global capitalism since the late 1960s. He also confronts the interaction between economic and geopolitical events, highlighting the new assertiveness of nation-states and analysing the tense, complex relationship of interdependence and conflict that binds together the US and China. Finally, in response to the revelation that the market is not the solution to the world's problems, Callinicos reviews the prospects for alternatives to capitalism.
