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Conclusion: The Crisis Gets Political

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The Coming Crisis

Abstract

The financial crisis of 2008 set in train a course of profound shocks that have shaped this post-crisis decade. The crisis has had three phases up to now, and three different epicentres, and is now entering into a fourth phase. In the three previous phases, the crisis was managed and contained but not resolved. In 2016, many observers and agencies warned that the crisis was far from over and that even greater shocks might lie ahead. The vote for Brexit in the UK and the election of Donald Trump in the US mark the opening of a fourth phase of the crisis, which is directly political in challenging the assumptions of neoliberalism and globalisation on which the recent governance of the international market order have been based.

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Gamble, A. (2018). Conclusion: The Crisis Gets Political. In: Hay, C., Hunt, T. (eds) The Coming Crisis. Building a Sustainable Political Economy: SPERI Research & Policy. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-63814-0_14

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