From Triumph to Crisis

From Triumph to Crisis PDF

Author: Hilary Appel

Publisher: Cambridge University Press

Published: 2018-05-10

Total Pages: 257

ISBN-13: 1108422292

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Explains the surprising endurance of neoliberal policymaking over two decades in post-Communist countries, from 1989-2008, and its decline after the financial crash.

From Triumph to Crisis

From Triumph to Crisis PDF

Author: Hilary Appel

Publisher: Cambridge University Press

Published: 2018-05-10

Total Pages: 257

ISBN-13: 1108395082

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The postcommunist countries were amongst the most fervent and committed adopters of neoliberal economic reforms. Not only did they manage to overcome the anticipated domestic opposition to 'shock therapy' and Washington Consensus reforms, but many fulfilled the membership requirements of the European Union and even adopted avant-garde neoliberal reforms like the flat tax and pension privatization. Neoliberalism in the postcommunist countries went farther and lasted longer than expected, but why? Unlike pre-existing theories based on domestic political-economic struggles, this book focuses on the imperatives of re-insertion into the international economy. Appel and Orenstein show how countries engaged in 'competitive signaling', enacting reforms in order to attract foreign investment. This signaling process explains the endurance and intensification of neoliberal reform in these countries for almost two decades, from 1989–2008, and its decline thereafter, when inflows of capital into the region suddenly dried up. This book will interest students of political economy and Eastern European and Eurasian politics.

A triumph of failed ideas: European models of capitalism in the crisis

A triumph of failed ideas: European models of capitalism in the crisis PDF

Author: Steffen Lehndorff

Publisher: ETUI

Published: 2012

Total Pages: 286

ISBN-13: 2874522465

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The current crisis in Europe is being labelled, in mainstream media and politics, as a ‘public debt crisis’. The present book draws a markedly different picture. What is happening now is rooted, in a variety of different ways, in the destabilisation of national models of capitalism due to the predominance of neoliberalism since the demise of the post-war ‘golden age’. Ten country analyses provide insights into national ways of coping – or failing to cope – with the ongoing crisis. They reveal the extent to which the respective socio-economic development models are unsustainable, either for the country in question, or for other countries. The bottom-line of the book is twofold. First, there will be no European reform agenda at all unless each country does its own homework. Second, and equally urgent, is a new European reform agenda without which alternative approaches in individual countries will inevitably be suffocated. This message, delivered by the country chapters, is underscored by more general chapters on the prospects of trade union policy in Europe and on current austerity policies and how they interact with the new approaches to economic governance at the EU level. These insights are aimed at providing a better understanding across borders at a time when European rhetoric is being used as a smokescreen for national egoism.

Stronger in the Broken Places

Stronger in the Broken Places PDF

Author: James Lee Witt

Publisher: Times Books

Published: 2014-04-29

Total Pages: 316

ISBN-13: 1466869682

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From the former director of the Federal Emergency Management Agency, how to manage your business in the face of challenge, change, and potential disaster For James Lee Witt, the man who rebuilt America's emergency response system, the most inspiring and effective lessons--about responsibility, team building, planning, and taking action--have guided real-life heroes through extraordinary situations. These lessons can be applied to business to guide you through the pressures you face each week--or once in a career or a lifetime. Whether describing earthquake preparation in California, moving a Missouri town out of a floodplain, or shoring up walls and spirits after the Oklahoma City bombing, Witt captures the moments when leaders step forward, how they motivate others, and what they need to triumph over adversity. Witt's home-spun wisdom teaches us to "Tear Down the Stovepipes" to build effective teamwork by thinking horizontally, not vertically; to find energizing people who improve morale, whether a V.P.'s secretary or a key client, since "A Lightning Rod Works Both Ways"; and to establish systems for capturing what happens--what goes right and what goes wrong--to ensure that every challenge leaves you "Stronger in the Broken Places." To bring home the ten lessons in this inspiring and useful book, Witt shares examples and strategies from corporations--from Malden Mills and Intel to Swissair and Kmart--who have overcome crisis by applying the same principles to their business every day.

The Triumph of Broken Promises

The Triumph of Broken Promises PDF

Author: Fritz Bartel

Publisher: Harvard University Press

Published: 2022-08-09

Total Pages: 441

ISBN-13: 0674976789

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Communist and capitalist states alike were scarred by the economic shocks of the 1970s. Why did only communist governments fall in their wake? Fritz Bartel argues that Western democracies were insulated by neoliberalism. While austerity was fatal to the legitimacy of communism, democratic politicians could win votes by pushing market discipline.

The Anxious Triumph

The Anxious Triumph PDF

Author: Donald Sassoon

Publisher: Penguin UK

Published: 2019-06-27

Total Pages: 800

ISBN-13: 0241315174

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'A magnum opus, an accessible and genuinely global history ... This is a book for today and tomorrow' Financial Times Capitalist enterprise has existed in some form since ancient times, but the globalization and dominance of capitalism as a system began in the 1860s when, in different forms and supported by different political forces, states all over the world developed their modern political frameworks: the unifications of Italy and Germany, the establishment of a republic in France, the elimination of slavery in the American south, the Meiji Restoration in Japan, the emancipation of the serfs in Tsarist Russia. This book magnificently explores how, after the upheavals of industrialisation, a truly global capitalism followed. For the first time in the history of humanity, there was a social system able to provide a high level of consumption for the majority of those who lived within its bounds. Today, capitalism dominates the world. With wide-ranging scholarship, Donald Sassoon analyses the impact of capitalism on the histories of many different states, and how it creates winners and losers by constantly innovating. This chronic instability, he writes, 'is the foundation of its advance, not a fault in the system or an incidental by-product'. And it is this instability, this constant churn, which produces the anxious triumph of his title. To control or alleviate such anxieties it was necessary to create a national community, if necessary with colonial adventures, to develop a welfare state, to intervene in the market economy, and to protect it from foreign competition. Capitalists needed a state to discipline them, to nurture them, and to sacrifice a few to save the rest: a state overseeing the war of all against all. Vigorous, argumentative, surprising and constantly stimulating, The Anxious Triumph gives a fresh perspective on all these questions and on its era. It is a masterpiece by one of Britain's most engaging and wide-ranging historians.

Divisive integration. The triumph of failed ideas in Europe — revisited

Divisive integration. The triumph of failed ideas in Europe — revisited PDF

Author: Steffen Lehndorff

Publisher: ETUI

Published: 2014-04-01

Total Pages: 369

ISBN-13: 2874523321

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This book is a follow-up to the ETUI 2012 volume 'The triumph of failed ideas'. The focus of the book is the weight attributed to the different economic and social development paths in ten individual EU countries, and their interaction with the austerity regime established at EU level which in fact is deepening the crisis rather than paving ways out of it. The most dangerous implication of this policy approach is, according to this study, that it is driving countries apart - misleadingly in the name of 'Europe', hence the title of the book 'divisive integration'. The main message of the book is that a gradual recovery is possible only if there is a change of course in individual countries that then triggers reactions in the policies of other countries and perturbations at the EU level. However, these changes in individual countries is no longer feasible without a green light or at least toleration from the level of the European institutions.

Volcker

Volcker PDF

Author: William L. Silber

Publisher: Bloomsbury Publishing USA

Published: 2012-09-04

Total Pages: 464

ISBN-13: 1608190706

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A profile of the former Federal Reserve chairman lauds his handling of multiple economic crises, crediting him with restoring America's financial system in the 1970s and aiding the Obama administration with establishing Wall Street regulations.

Never Let a Serious Crisis Go to Waste

Never Let a Serious Crisis Go to Waste PDF

Author: Philip Mirowski

Publisher: Verso Books

Published: 2014-04-15

Total Pages: 497

ISBN-13: 1781683026

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At the onset of the Great Recession, as house prices sank and joblessness soared, many commentators concluded that the economic convictions behind the disaster would now be consigned to history. Yet in the harsh light of a new day, attacks against government intervention and the global drive for austerity are as strong as ever. Never Let a Serious Crisis Go to Waste is the definitive account of the wreckage of what passes for economic thought, and how neoliberal ideas were used to solve the very crisis they had created. Now updated with a new afterword, Philip Mirowski’s sharp and witty work provides a roadmap for those looking to escape today’s misguided economic dogma.