Crisis / Sylvia Walby.
By: Walby, Sylvia.
Material type: BookPublisher: Cambridge, UK ; Malden, MA : Polity Press, 2015.Description: 211 p. ; 25 cm.Content type: text Media type: unmediated Carrier type: volumeISBN: 9780745647616 (pbk. : alk. paper); 9780745647609 (hardback : alk. paper).Subject(s): Financial crises | Financial crises -- Political aspectsDDC classification: 338.542 Online resources: Publisher's DescriptionItem type | Current location | Call number | Copy number | Status | Date due |
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Monograph | Indian Institute of Management Udaipur A8/1 | 338.542 (Browse shelf) | 1 | Available |
Includes bibliographical references and index.
Acknowledgements
1 Introduction
2 Theorizing Crisis
3 Financial Crisis
4 Economic Crisis: Recession
5 Fiscal Crisis: Austerity
6 Democratic Crisis
7 Crisis in the Gender Regime
8 Conclusions: Implications for Social Theory and Public Policy
References
We are living in a time of crisis which has cascaded through society. Financial crisis has led to an economic crisis of recession and unemployment; an ensuing fiscal crisis over government deficits and austerity has led to a political crisis which threatens to become a democratic crisis. Borne unevenly, the effects of the crisis are exacerbating class and gender inequalities.
Rival interpretations – a focus on ‘austerity’ and reduction in welfare spending versus a focus on ‘financial crisis’ and democratic regulation of finance – are used to justify radically diverse policies for the distribution of resources and strategies for economic growth, and contested gender relations lie at the heart of these debates. The future consequences of the crisis depend upon whether there is a deepening of democratic institutions, including in the European Union.
Sylvia Walby offers an alternative framework within which to theorize crisis, drawing on complexity science and situating this within the wider field of study of risk, disaster and catastrophe. In doing so, she offers a critique and revision of the social science needed to understand the crisis.
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