After the financial crisis : shifting legal, economic and political paradigms
Title: After the financial crisis : shifting legal, economic and political paradigms
Citation: London : Palgrave Macmillan, 2016, Palgrave Studies in European Political Sociology, 1
ISBN: 9781137509543; 9781137509567
This international collection studies how the financial crisis of 2007 and the ensuing economic and political crises in Europe and North America have triggered a process of change in the field of economics, law and politics. Contributors to this book argue that both elites and citizens have had to rethink the nature of the market, the role of the state as a market regulator and as a provider of welfare, the role of political parties in representing society's main political and social cleavages, the role of civil society in voicing the concerns of citizens, and the role of the citizen as the ultimate source of power in a democracy but also as a fundamentally powerless subject in a global economy. The book studies the actors, the areas and the processes that have carried forward the change and proposes the notion of 'incomplete paradigm shift' to analyse this change. Its authors explore the multiple dimensions of paradigm shifts and their differentiated evolution, arguing that today we witness an incomplete paradigm shift of financial regulations, economic models and welfare systems, but a stillbirth of a new political and economic paradigm.
Subject: Political sociology; European politics; Labor economics; Sociology
Table of Contents:
-- 1 Has the Financial Crisis Led to a Paradigm Shift? 1, Pablo Iglesias-Rodríguez, Ruby Gropas, and Anna Triandafyllidou -- Part I A Change in Regulation Paradigms 21 -- 2 Paradigm Shift in Financial-Sector Policymaking Models: From Industry- Based to Civil Society-Based EU Financial Services Governance? 23, Pablo Iglesias-Rodríguez -- 3 Changing Perceptions of Systemic Risk in Financial Regulation 75, Caroline Bradley -- Part II Shifts in Monetary and Economic Policy Dogma 107 -- 4 From National to Supranational: A Paradigm Shift in Political Economy 109, Guido Montani -- 5 Growth and Welfare: Shifts in Labour Market Policies 139, Henri Sneessens -- 6 Rethinking E(M)U Governance from the Perspective of Social Investment 173, Anton Hemerijck -- Part III Politics and Civil Society Under Pressure 213 -- 7 Creative Resistance in Times of Economic Crises: Community Engagement, Non-Capitalist Practices and Provoking Shifts at the Local Level. From Catalonia to Experiences in Greece 215, Ruby Gropas -- 8 EU Civil Society and the Crisis: Changing Channels and Organisational Patterns in European Transnational Civil Society 241, Alison E. Woodward -- 9 The Restructuring of the Western European Party Space in the Crisis: A Comparative Study of Austria, France and Germany 269, Jasmine Lorenzini, Swen Hutter ,and Hanspeter Kriesi -- 10 ‘TINA’ Revisited: Why Alternative Narratives of the Eurozone Crisis Matter 303, Ulrike Liebert -- 11 From One-directional to Multi- directional Paradigm Shift 335, Pablo Iglesias-Rodríguez, Anna Triandafyllidou, and Ruby Gropas -- Index 347
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