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Political Elites In The Transatlantic Crisis
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Item specifics
- Condition
- Book Title
- Political Elites In The Transatlantic Crisis
- ISBN
- 9781137345745
About this product
Product Identifiers
Publisher
Palgrave Macmillan The Limited
ISBN-10
1137345748
ISBN-13
9781137345745
eBay Product ID (ePID)
177483739
Product Key Features
Number of Pages
Xii, 188 Pages
Language
English
Publication Name
Political Elites in the Transatlantic Crisis
Publication Year
2014
Subject
Economic History, International Relations / Trade & Tariffs, Social Classes & Economic Disparity, World / European, General, American Government / General, Public Policy / Economic Policy
Type
Textbook
Subject Area
Political Science, Social Science, Business & Economics
Format
Hardcover
Dimensions
Item Height
0.8 in
Item Weight
13.6 Oz
Item Length
8.4 in
Item Width
5.7 in
Additional Product Features
Intended Audience
Scholarly & Professional
Dewey Edition
23
Reviews
'A masterful portrait of how non-elected (and elected) elites have been pivotal actors in the 2008 financial crisis and its aftermath, bringing together a group of excellent analyses by leading scholars of the field.' Antonio Costa Pinto, Institute of Social Sciences, University of Lisbon, Portugal "While economists rushed to publish their explanations for the causes of the 2008 financial crisis, little has been written about its impact on political systems. This collection of essays by a distinguished panel of authors shows how elites struggled to shore up the existing system of Euro-Atlantic institutions. Globalization has its limits, and national political elites still have a role to play, but it is unclear whether they are capable of acting together to prevent future systemic crises.' - Peter Rutland, Government Department, Wesleyan University, USA
Number of Volumes
1 vol.
Illustrated
Yes
Dewey Decimal
330.90511
Table Of Content
1. Introduction: The Transatlantic Crisis; Heinrich Best and John Higley 2. Structure and Agency: Lessons from Pareto on the Study of Elites, Democracy and Crisis; Joseph V. Femia 3. Is 'Europe' the Lesser Evil? Limits of Elite Crisis Resolution in a Limitless Crisis; Heinrich Best 4. Facing the Crisis: The European Elite System's Changing; Geometry; Maurizio Cotta 5. Central European Elites in the Crisis; Pavol Fri?, György Lengyel, Jan Pakulski and Soña Szomolanyi 6. British Elite De-Coupling from Classes Amid Crisis and Globalization; David Lane 7. Why Can't US Business Elites be Moderate Keynesians? The Issue is Power, not Economics; G. William Domhoff 8. Elite Compromise, Crisis and Democracy: The US, Norway and Italy Compared; Fredrik Engelstad 9. When Political and Financial Elites Clash: Narratives of Blame, Power and Legitimacy; Alasdair Marshall 10. The Hour of Elites: Conclusions; Heinrich Best and John Higley
Synopsis
The United States and most European countries have experienced an economic-political crisis unmatched in severity since the Great Depression. The crisis discredits the thesis of a nexus between free markets, unending economic growth and liberal democracy. It is obvious that elites - principal decision-makers in powerful public and private organizations at national and supranational levels - have been pivotal actors in this crisis. It has without doubt been the hour of elites. What do elites' responses to the crisis reveal? How are elites altered by it? In whose interests have they acted? Although the authority of elites is always subject to dispute, has the crisis damaged it irreparably? What do decisive actions by non-elected elites and leaders in the Federal Reserve, European Central Bank, European Commission and other institutions mean for democracy? In analyses covering five years of crisis, from 2008 to mid-2013, leading scholars in the field address these questions in order to understand the role of elites in the transatlantic crisis., Beliefs held by US and European elites about unregulated markets and a currency union without fiscal union led to a transatlantic crisis unmatched in severity since the Great Depression. Leading scholars of elites analyze how elites have responded to the crisis, are altered by it and what this 'hour of elites' means for democracy.
LC Classification Number
JA1-92
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