2014 by Nicholas Boyle

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Summary

The roots of the financial crisis lie in an unbalanced globalization which has failed to match economic with political integration. False models of nationhood, markets, and empires have hindered the development of global governance. This title argues for economic reform if the dire events at the start of the 20th century are not to be repeated.

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2014 by Nicholas Boyle

Top Cambridge public intellectual argues for economic, political reform if the dire events at the opening of the 20th century are not to be repeated. A new world crisis is already looming. By the middle of Obama's second term, or of the first term of his, presumably Republican, successor, America's legacy to the 21st century will be decided. Will it be a century of climatic disaster and war? The roots of the present crisis lie in an unbalanced globalization which has failed to match economic with political integration. False models of nationhood, markets, and empires have hindered the development of global governance. These illusions in turn are part of the ideology of American exceptionalism. If human civilization is to survive the 21st century, that ideology will have to give way to a more realistic acceptance of supranational authorities, and especially of an enhanced IMF and WTO. The banking collapse of 2007-8 calls for a revived understanding of the interdependence of politics and economics. The self-images of nations have lost touch with the realities that determine our lives: it is the world order that now gives us our identity and alone can secure our collective future.
Dr Nicholas Boyle is a Fellow of Magdalene College, University of Cambridge.
SKU Unavailable
ISBN 13 9781441185099
ISBN 10 1441185097
Title 2014
Author Nicholas Boyle
Condition Unavailable
Binding Type Hardback
Publisher Continuum Publishing Corporation
Year published 2010-10-19
Number of pages 196
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.