Aftermath: The Cultures of the Economic Crisis

Paperback | April 27, 2014

byCastells, Manuel, Joao Caraca, Gustavo Cardoso

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The crisis of global capitalism that has unfolded since 2008 is more than an economic crisis. It is structural and multidimensional. The sequence of events that have taken place in its aftermath show that we are entering a world that is very different from the social and economic conditionsthat characterized the rise of global, informational capitalism in the preceding three decades. The policies and strategies that were intended to manage the crisis - with mixed results depending on the country - may usher in a distinctly different economic and institutional system, as the New Deal,the construction of the European Welfare State, and the Bretton Woods global financial architecture all gave rise to a new form of capitalism in the aftermath of the 1930s Depression, and World War II.This volume examines the cultures and institutions at the root of the crisis, as well as the conflicts and debates that may lead to a new social landscape, including the rise of alternative economic cultures in the social movements that have sprung up around the world. This collection of essayspresents the results of a shared project of reflection by a group of international sociologists and social scientists, led by Manuel Castells. They conclude that to address life beyond the crisis, we need nothing less than a complete transformation of the mind-set that led to bankruptcy and despair,and to economies and societies based on an unsustainable model of speculative finance and political irresponsibility.

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The crisis of global capitalism that has unfolded since 2008 is more than an economic crisis. It is structural and multidimensional. The sequence of events that have taken place in its aftermath show that we are entering a world that is very different from the social and economic conditionsthat characterized the rise of global, informa...

Manuel Castells is University Professor and the Wallis Annenberg Chair of Communication Technology and Society at the University of Southern California, Los Angeles, as well as Director of Research at the Department of Sociology, University of Cambridge, and holder of the Chair of Network Society at the College d' Etudes Mondiales, Par...

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Format:PaperbackDimensions:336 pages, 9.21 × 6.02 × 0.01 inPublished:April 27, 2014Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199677387

ISBN - 13:9780199677382

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Table of Contents

1. Manuel Castells, Joao Caraca and Gustavo Cardoso: The Cultures of the Economic Crisis: An IntroductionPRELUDE2. Rosalind Williams: The Rolling Apocalypse of Contemporary History3. Joao Caraca: The Separation of Cultures and the Decline of ModernityWHICH CRISIS? WHOSE CRISIS?4. John B. Thompson: The Metamorphosis of a Crisis5. Michel Wieviorka: Financial Crisis or Societal Mutation?DEALING WITH THE CRISIS6. Sarah Banet-Weiser: Branding the Crisis7. Terhi Rantanen: In Nationalism We Trust?8. Pekka Himanen: Crisis, Identity and the Welfare StateBEYOND THE CRISIS9. Gustavo Cardoso and Pedro Jacobetty: Surfing the Crisis: Cultures of Belonging and Networked Social Change10. Joana Conill, Manuel Castells, Amalia Cardenas and Lisa Servon: Beyond the Crisis: The Emergence of Alternative Economic PractisesTHE NON-GLOBAL GLOBAL CRISIS11. You-tien Hsing: No Crisis in China? The Rise of China's Social Crisis12. Ernesto Ottone: A Non-Global Crisis? Challenging the Crisis in Latin AmericaAFTERMATH?

Editorial Reviews

"Five years of crisis and upheaval have shaken the world. Aftermath takes up the question of where we go now. Castells and his collaborators show the depth of challenges, the diversity of global circumstances and paths, andhappilyreasons for cautious optimism amid the tumult. This is animportant moment in history and an important book for this moment." --Craig Calhoun, Director of the London School of Economics and Political Science