After the Financial Crisis: Shifting Legal, Economic and Political Paradigms

· ·
· Springer
Ebook
353
Pages
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About this ebook

This international collection studies how the financial crisis of 2007 and the ensuing economic and political crises in Europe and North America have triggered a process of change in the field of economics, law and politics. Contributors to this book argue that both elites and citizens have had to rethink the nature of the market, the role of the state as a market regulator and as a provider of welfare, the role of political parties in representing society’s main political and social cleavages, the role of civil society in voicing the concerns of citizens, and the role of the citizen as the ultimate source of power in a democracy but also as a fundamentally powerless subject in a global economy.

The book studies the actors, the areas and the processes that have carried forward the change and proposes the notion of ‘incomplete paradigm shift’ to analyse this change. Its authors explore the multiple dimensions of paradigm shifts and their differentiated evolution, arguing that today we witness an incomplete paradigm shift of financial regulations, economic models and welfare systems, but a stillbirth of a new political and economic paradigm.

About the author

Pablo Iglesias-Rodríguez is Lecturer in International Financial Law at the University of Sussex, UK. He is the author of The Accountability of Financial Regulators (2014).

Anna Triandafyllidou is Professor at the Global Governance Programme, Robert Schuman Centre for Advanced Studies, European University Institute, Italy. She is also Visiting Professor at the College of Europe, Belgium and Editor-in-Chief of the Journal of Immigrant and Refugee Studies. Her most recent book (with Ruby Gropas) is What is Europe (Palgrave, 2015).

Ruby Gropas is Research Fellow in the at the Global Governance Programme, Robert Schuman Centre for Advanced Studies, European University Institute, Italy. She is Visiting Professor at the College of Europe, Belgium. She is Book Review Editor for the Journal of Common Market Studies. Sheis the author (with A. Triandafyllidou) of What is Europe (Palgrave, 2015).

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