Details

Autor(en) / Beteiligte

• Konings, Martijn

Titel

The paradox of economism

Ist Teil von

• Finance and society, 2015, Vol.1 (2), p.27-29

Ort / Verlag

Cambridge University Press

Erscheinungsjahr

2015

Quelle

Alma/SFX Local Collection

Beschreibungen/Notizen

• Among progressively minded theorists and other commentators, the financial crisis of 200708 produced an instant consensus that the days of neoliberalism — which involved above all financial expansion and capital-friendly public policies — were over. As a consequence, the turn to austerity over the past years, which has been extraordinarily effective in making the world a worse place to live in, took that community completely by surprise. The unexpected rise of austerity suggests how right Slavoj Zizek (2008) was when, at the height of the crisis, he encouraged talking and thinking instead of jumping to conclusions and rushing to action.