Jump to ContentJump to Main Navigation
The Intellectual Origins of the Global Financial Crisis$
Users without a subscription are not able to see the full content.

Roger Berkowitz and Taun N. Toay

Print publication date: 2012

Print ISBN-13: 9780823249602

Published to Fordham Scholarship Online: January 2013

DOI: 10.5422/fordham/9780823249602.001.0001

Show Summary Details
Page of

PRINTED FROM FORDHAM SCHOLARSHIP ONLINE (www.fordham.universitypressscholarship.com). (c) Copyright Fordham University Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in FSO for personal use.date: 30 June 2022

Judging the Financial Crisis

Judging the Financial Crisis

Chapter:
(p.39) Three Judging the Financial Crisis
Source:
The Intellectual Origins of the Global Financial Crisis
Author(s):

Antonia Grunenberg

Publisher:
Fordham University Press
DOI:10.5422/fordham/9780823249602.003.0004

Antonia Grunenberg draws a parallel between the 19th century view that imperialism was the only way to conduct world politics and the 21st century conviction that there is no alternative to liberal market capitalism. After the end of socialism, capitalism is said to be self-evident. There are supposed to be no alternatives. The only way to change seems to lie within the capitalist system, not beyond it. Against this view, this chapter argues that democracies have provoked a kind of financial capitalism without reflecting on the consequences. As democratic populations have sought to avoid “social costs” they have brought about a total economization of the political discourse, as well as of the concepts of thinking. And the result is a loss of social care.

Keywords:   judgment, Hannah Arendt, Imperialism, Nation-states, totalitarianism, democracy, financial capitalism, globalization

Fordham Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .