From a prizewinning economic historian, an eye-opening reinterpretation of the 2008 economic crisis (and its ten-year aftermath) as a global event that directly led to the shockwaves being felt around the world today.
In September 2008 President George Bush could still describe the financial crisis as an incident local to Wall Street. In fact it was a dramatic caesura of global significance that spiraled around the world, from the financial markets of the UK and Europe to the factories and dockyards of Asia, the Middle East, and Latin America, forcing a rearrangement of global governance. In the United States and Europe, it caused a fundamental reconsideration of capitalist democracy, eventually leading to the war in the Ukraine, the chaos of Greece, Brexit, and Trump.
It was the greatest crisis to have struck Western societies since the end of the Cold War, but was it inevitable? And is it over? Crashed is a dramatic new narrative resting on original themes: the haphazard nature of economic development and the erratic path of debt around the world; the unseen way individual countries and regions are linked together in deeply unequal relationships through financial interdependence, investment, politics, and force; the ways the financial crisis interacted with the spectacular rise of social media, the crisis of middle-class America, the rise of China, and global struggles over fossil fuels.
Finally, Tooze asks, given this history, what now are the prospects for a liberal, stable, and coherent world order?
Adam Tooze is the author of Wages of Destruction, winner of the Wolfson and Longman History Today Prize. He is the Kathryn and Shelby Cullom Davis Professor of History at Columbia University. He formerly taught at Yale University, where he was Director of International Security Studies, and at the University of Cambridge. He has worked in executive development with several major corporations and contributed to the National Intelligence Council. He has written and reviewed for Foreign Affairs, the Financial Times, The Guardian, the Sunday Telegraph, The Wall Street Journal, Die Zeit, Sueddeutsche Zeitung, Tageszeitung and Spiegel Magazine, New Left Review, and the London Review of Books.
The book has explored the origins of 08 financial crisis and its aftermath in Euro,Ukraine,and the emerging markets,including Brexit and Trump’s presidency. Unlike the United States which had restored the viability of banks,provided massive liquidity and m...
评分The book has explored the origins of 08 financial crisis and its aftermath in Euro,Ukraine,and the emerging markets,including Brexit and Trump’s presidency. Unlike the United States which had restored the viability of banks,provided massive liquidity and m...
评分The book has explored the origins of 08 financial crisis and its aftermath in Euro,Ukraine,and the emerging markets,including Brexit and Trump’s presidency. Unlike the United States which had restored the viability of banks,provided massive liquidity and m...
评分The book has explored the origins of 08 financial crisis and its aftermath in Euro,Ukraine,and the emerging markets,including Brexit and Trump’s presidency. Unlike the United States which had restored the viability of banks,provided massive liquidity and m...
评分The book has explored the origins of 08 financial crisis and its aftermath in Euro,Ukraine,and the emerging markets,including Brexit and Trump’s presidency. Unlike the United States which had restored the viability of banks,provided massive liquidity and m...
世界是圆的。这本书真的有点东西的,从70年代抵押贷款,两房给贷款模式埋下的毁灭性危险,到08年雷曼时刻,再到希腊债务、爱尔兰破产、欧元区国国自危,民粹主义抬头、东欧和俄罗斯的局部斗争,还有特朗普给美国带来的撕裂,全都连贯呈现出来了,而且很清晰的展现出了互相之间的影响和掣肘。100年过去了,一战时提出的问题到现在还是相似的模板,真的想问这一百年到底进步到哪了。
评分Coming up with an outline in the next few days
评分The overview about the 2008 crash include effects on financial sector and political spectrum,which still has a legacy now. Read in Blinkist.
评分The book has explored the origins of 08 financial crisis and its aftermath in Euro,Ukraine,and the emerging markets,including Brexit and Trump’s presidency.
评分世界是圆的。这本书真的有点东西的,从70年代抵押贷款,两房给贷款模式埋下的毁灭性危险,到08年雷曼时刻,再到希腊债务、爱尔兰破产、欧元区国国自危,民粹主义抬头、东欧和俄罗斯的局部斗争,还有特朗普给美国带来的撕裂,全都连贯呈现出来了,而且很清晰的展现出了互相之间的影响和掣肘。100年过去了,一战时提出的问题到现在还是相似的模板,真的想问这一百年到底进步到哪了。
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