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After the Great Complacence
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After the Great Complacence: Financial Crisis and the Politics of Reform

Ewald Engelen, Ismail Ertürk, Julie Froud, Sukhdev Johal, Adam Leaver, Mick Moran, Adriana Nilsson, and Karel Williams

Abstract

This book addresses two important questions: first, why did financial innovation lead to the crisis in the banking sector that developed in 2007–8; and, second, why the political reform of finance has apparently proved so difficult across a variety of political jurisdictions? This ambitious book draws on a team of researchers from different disciplines to develop an innovation and distinctive argument in response to these two critical issues. In the first half of this book our question is about how crisis was generated. Chapters 2, 3, and 4 develop our answer, which is that innovation in and a ... More

Keywords: financial innovation, Great Complacence, storytelling, democratic reform, bricolage, business model, conjuncture

Bibliographic Information

Print publication date: 2011 Print ISBN-13: 9780199589081
Published to Oxford Scholarship Online: January 2012 DOI:10.1093/acprof:oso/9780199589081.001.0001

Authors

Affiliations are at time of print publication.

Ewald Engelen, author
University of Amsterdam

Ismail Ertürk, author
Centre for Research in Socio-Cultural Change and Manchester Business School, University of Manchester

Julie Froud, author
Centre for Research in Socio-Cultural Change and Manchester Business School, University of Manchester

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