Crash

Crashed: How a Decade of Financial Crises Changed the World

"Crash" is an epic about the first global financial tsunami in the era of globalization, and also a thrilling contemporary history.
A distinguished historian with in-depth knowledge of 20th-century history, Adam Tooze employs a global perspective to meticulously recount the complex world history of the 2008 financial crisis and the Eurozone crisis, and their aftermath. He not only explains the technical causes of the crisis from a financial perspective but also devotes significant space to elaborating on its impact on global politics over the past decade, presenting a rich tapestry of original themes: disordered economic development and volatile debt flows; the imbalances that have emerged between individual countries and regions, invisibly linked by financial interdependence, investment, politics, and military force; the interplay between the financial crisis and the booming social media landscape; the crisis of the American middle class; the rise of China; and the struggle over fossil fuel resources like oil and gas.
Despite initial attempts to downplay the financial crisis as a local event, Adam Tooze argues that the financial crisis that began on Wall Street in 2008 was actually a turning point of global significance, forcing a readjustment and reorganization of global governance, from the financial markets of Britain and Europe to the factories and shipyards of Asia, the Middle East, and Latin America. In the United States and Europe, capitalist democracy faced challenges, triggering the civil war in Ukraine, the chaos in Greece, Brexit, the rise of Trump, and the rise of populism in various countries. The Western world faced its greatest crisis since the end of the Cold War.
The crisis swept across the world, bringing about earth-shaking changes in the global economy and even our lives. More than a decade later, can we say that the crisis is over? Do we have the ability and confidence to cope with the next global crisis?

2021-06-01

理想国｜上海三联书店

Ideal Country

788

9787542673107