Globalization in Crisis

Thisbook analyses the present global financial and economic crisis, the most severe in nearly a century, and a wider set of multiple and converging crises with aspects and repercussions that go well beyond the current economic climate. Written by some of the world’s leading international scholars in the field of Globalization studies and related disciplines, this important collectionaddresses numerous key aspects of the relationship between Globalization and global crises, past, present, and future. It sheds new light and understanding on the concept and theory of Globalization and of ‘crisis’. The authors explore such issues as global finance and financial regulation, neoliberal ideology and policy, the ‘crisis of globalization’, the decline of Western hegemony, world systemic crisis, the moral crisis of ‘Western capitalism’, environmental and climate change crises, world order, hyper-violence and the international system, a crisis of the ‘global modern’ and a global civilisational and hostpric crisis, the rise of the global South, the historical dialectics of capital and social responses to crisis, the future of capitalism and the prospects for transformative alternatives. This book was published as a special issue of Globalizations.

Foreword: A Fair Globalization During Crisis Tarja Halonen 1. Introduction: Framing the Debate: One Crisis or Many? The Return of Crisis in the Era of Globalization: One Crisis, or Many?Barry K. Gills 2. The Multiple Crisis and BeyondFrançois Houtart 3. Converging Crises: Reality, Fear and HopeSusan George Analysing Financial, Economic and Capitalist Crisis: Old and New Logics 4. A Savage Sorting of Winners and Losers: Contemporary Versions of Primitive AccumulationSaskia Sassen 5. Globalisation, Crisis and the Political Economy of the International Monetary (Dis)OrderAnkie Hoogvelt 6. What Next? An Explanation of the 2008–2009 Slump and Two Scenarios of the Shape of Things to ComeHeikki Patomäki 7. The Global Regulatory Consequences of an Irrational Crisis: Examining ‘Animal Spirits’ and ‘Excessive Exuberances’ Grahame F. Thompson 8. The Economic Crisis, Capitalism and Islam: The Making of a New Economic Order? Wazir Jahan Karim 9. Critical Ideas in Times of Crisis: Reconsidering Smith, Marx, Keynes, and HayekM. Scott Solomon Security, States, and World Order Crisis 10. A Radical World Order Challenge: Addressing Global Climate Change and the Threat of Nuclear WeaponsRichard Falk 11. Crisis and Global Governance: Money, Discourses, and InstitutionsJames H. Mittelman ‘Alter-hegemonic’ Perspectives 12. In the Shadows of Globalization: Civilizational Crisis, the ‘Global Modern’ and ‘Islamic Nihilism’ Mustapha Kamal Pasha 13. A Long View of Globalization and CrisisV. Spike Peterson 14. Lessons of a ‘Good’ Crisis: Learning in, and From the Third WorldCraig N. Murphy 15. The Global Crisis and Latin AmericaHenry Veltmeyer 16. Globalization, Crisis and Social Transformation: A View from the SouthRonaldo Munck 17. After 30 Years of Deadlock: Labour’s Possible Strategies in the New Global OrderAndreas Bieler, Ingemar Lindbergand Werner Sauerborn Radical Politics in the Global Crisis 18. Exiting the Crisis of Capitalism or Capitalism in Crisis?Samir Amin 19. Globalization, Crisis and Transformation: World Systemic Crisis and the Historical Dialectics of CapitalBarry K. Gills 20. The Stakes of Radical Politics have Changed: Post-Crisis, Relevance and the StateJonathan Pugh 21. Climate and Capitalism in CopenhagenWalden Bello 22. The Invisible Summit: The UN Conference on the Global Economic Crisis—An Eyewitness AccountNick Buxton 23. The Copenhagen Global Summit on Climate Change: A View from the GroundGemma Bone 24. Global Governance for Global DevelopmentBjörn Hettne

Barry K. Gills is Professor of Global Politics at Newcastle University, Newcastle-upon-Tyne, UK. He is the founding Editor of Globalizations journal and the "Rethinking Globalizations" book series from Routledge.Dr. Gills is alsoa founding Editor of the Review of International Political Economy. A former Fellow of the Transnational Institute, Amsterdam, and present fellow of the World Academy of Art and Science, he has published widely in the fields of critical Globalization Studies, world system theory, global history, and Critical Development Studies. His recent works include Globalization and Global History (2006, with William R. Thompson) and Globalization and the Global Politics of Justice (2008).