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Shifting Legal, Economic and Political Paradigms
Editors: Pablo Iglesias-Rodriguez, Anna Triandafyllidou, Ruby Gropas
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.
Table of contents
Front Matter
Pages i-xxi
Has the Financial Crisis Led to a Paradigm Shift?
Pages 1-20
A Change in Regulation Paradigms
Front Matter
Pages 21-21
Paradigm Shift in Financial-Sector Policymaking Models: From Industry-Based to Civil Society-Based EU Financial Services Governance?
Pages 23-73
Changing Perceptions of Systemic Risk in Financial Regulation
Pages 75-106
Shifts in Monetary and Economic Policy Dogma
Front Matter
Pages 107-107
From National to Supranational: A Paradigm Shift in Political Economy
Pages 109-138
Growth and Welfare: Shifts in Labour Market Policies
Pages 139-172
Rethinking E(M)U Governance from the Perspective of Social Investment
Pages 173-211
Politics and Civil Society Under Pressure
Front Matter
Pages 213-213
Creative Resistance in Times of Economic Crises: Community Engagement, Non-Capitalist Practices and Provoking Shifts at the Local Level. From Catalonia to Experiences in Greece
Pages 215-240
EU Civil Society and the Crisis: Changing Channels and Organisational Patterns in European Transnational Civil Society
Pages 241-267
The Restructuring of the Western European Party Space in the Crisis: A Comparative Study of Austria, France and Germany
Pages 269-302
‘TINA’ Revisited: Why Alternative Narratives of the Eurozone Crisis Matter
Pages 303-334
From One-directional to Multi-directional Paradigm Shift
Pages 335-345
Back Matter
Pages 347-353
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