After the great complacence : financial crisis and the politics of reform / Ewald Engelen and others
Material type: TextPublication details: Oxford : Oxford University Press, 2011Description: xiv, 281p. 23cmISBN:- 9780199589081
- 330.90511 ENG
Item type | Current library | Call number | Status | Date due | Barcode | Item holds | |
---|---|---|---|---|---|---|---|
Book | Raipur | 658.1599 ENG-11 (Browse shelf(Opens below)) | Available | IIMRP-4921 |
In this book, the authors argue that the causes of the financial crisis lay in the bricolage and innovation in financial markets, resulting in long chains and circuits of transactions and instruments that enabled bankers to earn fees, but which did not sufficiently take into account system risk, uncertainty, and unintended consequences. In the wake of the crisis, the authors argue that social scientists, governments, and citizens need to re-engage with the political dimensions of financial markets. This book offers a controversial and accessible exploration of the disorders of our financial capitalism and its justifications. With an innovative emphasis on the economically 'undisclosed' and the political 'mystifying', it combines technical understanding of finance, cultural analysis, and al political account of interests and institutions.
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