{"product_id":"bonfire-of-illusions-the-twin-crises-of-the-liberal-world-paperback-softback-9780745648767","title":"Bonfire of Illusions; The Twin Crises of the Liberal World (Paperback \/ softback) 9780745648767","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eBonfire of Illusions\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eThe Twin Crises of the Liberal World\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eAlex Callinicos (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780745648767, Polity Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 19 March 2010\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e144 pages\u003cbr\u003e21.5 x 13.8 x 1.5 cm, 0.245 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\"A superb book which exhibits engaging though authoritative scholarship of a kind which is sadly too rare.\"\u003cbr\u003e\u003ci\u003e\u003cb\u003eSociological Imagination\u003c\/b\u003e\u003c\/i\u003e \u003cp\u003e\"As one would expect from Callinicos, this book is forensic in its  detail and is a useful tool in the armoury of anyone who wishes to see  beyond the platitudes of the yellow press.\"\u003cbr\u003e\u003ci\u003e\u003cb\u003eMorning Star\u003c\/b\u003e\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\"A powerful critique; a serious engagement with a crucial contemporary debate.\"\u003cbr\u003e \u003ci\u003e\u003cb\u003ePolitical Studies Review\u003c\/b\u003e\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\"An important book for anybody wanting an introduction to how Marxist  political economy can help to understand the times in which we live.\"\u003cbr\u003e\u003ci\u003e\u003cb\u003eMarx and Philosophy\u003c\/b\u003e\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\"The crisis of 2007-9 is an event of historic importance that has  affected economy, society and politics. Callinicos analyses its causes  within the broader development of capitalism in recent decades.  Particularly relevant is his stress on financialisation as well as the  implications he draws regarding the balance of imperial power across the  world. Written with the author's customary skill, this is a welcome  contribution from the left to the public debate.\"\u003cbr\u003e\u003cb\u003eCostas Lapavitsas, SOAS, University of London\u003c\/b\u003e\u003c\/p\u003e\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eSomething dramatic happened in the late summer and autumn of 2008. The post-Cold War world came to an abrupt end. This was the result of two conjoined crises. First, in its brief war with Georgia in August 2008, Russia asserted its military power to halt the expansion of NATO to its very borders. Secondly, on 15 September 2008 the Wall Street investment bank Lehman Brothers collapsed. This precipitated a severe financial crash and helped to push the world economy into the worst slump since the 1930s.  \u003cp\u003e Both crises marked a severe setback for the global power of the United States, which had driven NATO expansion and forced through the liberalization of financial markets. More broadly they challenged the consensus that had reigned since the collapse of the Soviet bloc in 1989 that a US-orchestrated liberal capitalist order could offer the world peace and prosperity. Already badly damaged by the Iraq debacle, this consensus has now suffered potentially fatal blows.\u003c\/p\u003e  \u003cp\u003e In \u003ci\u003eBonfire of Illusions\u003c\/i\u003e Alex Callinicos explores these twin crises. He traces the credit crunch that developed in 2007-8 to a much more protracted crisis of overaccumulation and profitability that has gripped global capitalism since the late 1960s. He also confronts the interaction between economic and geopolitical events, highlighting the new assertiveness of nation-states and analysing the tense, complex relationship of interdependence and conflict that binds together the US and China. Finally, in response to the revelation that the market is not the solution to the world's problems, Callinicos reviews the prospects for alternatives to capitalism.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003ePreface and Acknowledgements ix\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIntroduction: How the World Changed in 2008 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1 Finance Humbled 20\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat is fi nancialization? 23\u003c\/p\u003e \u003cp\u003eThree perspectives on financial crises 34\u003c\/p\u003e \u003cp\u003eMore than just a financial crisis 50\u003c\/p\u003e \u003cp\u003eDilemmas of recovery 83\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2 Empire Confined 95\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe state roars back 95\u003c\/p\u003e \u003cp\u003eCollision of empires 106\u003c\/p\u003e \u003cp\u003eOrchestrating disharmony 121\u003c\/p\u003e \u003cp\u003e\u003cb\u003eConclusion: Regime Change or System Change? 127\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe end of neoliberalism? 127\u003c\/p\u003e \u003cp\u003eState, market and planning 134\u003c\/p\u003e \u003cp\u003eNotes 144\u003c\/p\u003e \u003cp\u003eIndex 169\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Economics [\u003ca title=\"See our other books on Economics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economics%20%5BKC%5D%22\"\u003eKC\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Polity","offers":[{"title":"Brand New","offer_id":52460700696856,"sku":"9780745648767","price":15.55,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780745648767.jpg?v=1785458974","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/bonfire-of-illusions-the-twin-crises-of-the-liberal-world-paperback-softback-9780745648767","provider":"Freshly Printed Books","version":"1.0","type":"link"}