Crashed

From a prize-winning economic historian comes a groundbreaking reinterpretation of the 2008 economic crisis and its ten-year aftermath as a global event that directly led to the shockwaves being felt around the world today.

In September 2008, President George Bush described the financial crisis as an incident local to Wall Street. However, it was actually a pivotal moment of global significance that spiraled around the world. The crisis affected the financial markets of the UK and Europe, as well as the factories and dockyards of Asia, the Middle East, and Latin America, ultimately leading to a rearrangement of global governance.

The crisis caused the United States and Europe to undergo a fundamental reconsideration of capitalist democracy, eventually resulting in the war in Ukraine, the chaos of Greece, Brexit, and Trump. It was the most significant crisis to strike Western societies since the end of the Cold War, but was it inevitable? And is it over?

Crashed is a dramatic new narrative that explores original themes, such as the haphazard nature of economic development, the erratic path of debt around the world, the uneven interdependence of individual countries and regions through finance, politics, and force, and the role of social media, the crisis of middle-class America, the rise of China, and global struggles over fossil fuels.

In light of this history, Tooze poses the question: given this history, what are the prospects for a liberal, stable, and coherent world order?

作者简介

AdamToozeistheauthorofWagesofDestruction,winneroftheWolfsonandLongmanHistoryTodayPrize.HeistheKathrynandShelbyCullomDavisProfessorofHistoryatColumbiaUniversity.HeformerlytaughtatYaleUniversity,wherehewasDirectorofInternationalSecurityStudies,andattheUniversityofCambridge.Hehasworkedinexecutivedevelopmentwithseveralmajo...