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After the great complacence : financial crisis and the politics of reform / Ewald Engelen and others

By: Material type: TextTextPublication details: Oxford : Oxford University Press, 2011Description: xiv, 281p. 23cmISBN:
  • 9780199589081
Subject(s): DDC classification:
  • 330.90511 ENG
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Item type Current library Call number Status Date due Barcode Item holds
Book Book Raipur 658.1599 ENG-11 (Browse shelf(Opens below)) Available IIMRP-4921
Total holds: 0

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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