So is fundamentally different than before. The problems in Western “this time” economies are deeply structural and ideological, resulting from nearly 40 years of economic liberalisation and financialisation. Reversing their effects will require a fundamental re-organisation and re-orientation of both national economies and the global economic system of which they form a part. References Abbas, M and A. Croft (2011) Austerity Drive Caused UK ‘Cameron Denies Riots’ 11 August. Reuters. Apps, P. (2011) in UK 10 Reuters. ‘Analysis: Riots Shake Faith Austerity, Stability.’ August. Archbishop of Canterbury, Rowan Williams (2011) for Us to Challenge the Idols ‘Time of 1 November. Financial Times. High Finance.’ Archbishop of Canterbury (1985) Faith in the City: The Archbishop of Canterbury’s London: Church House Publishing. Commission on Urban Priority Areas. Arndt, H.W. (1944) London: Frank The Economic Lessons of the Nineteen-Thirties. Cass. is No Free Lunch: Now the Democrats are Barro, R (2009) ‘Government Spending 22 January. Wall Street Journal, Peddling Voodoo Economics,’ Blankenburg, S and the global financial Palma, G. (2009), ‘Introduction: crisis’, 33(4): 531-538. Cambridge Journal of Economics. Boyer, R. (2012) Four Fallacies of Contemporary Austerity Cambridge ‘The Policies.’ 36(1): 000-000. Journal of Economics. Callinicos, A. (2012) of Cambridge Journal of Economics. ‘Contradictions Austerity.’ 36(1): 000-000.
So “this time” is fundamentally different than before. The problems in Western economies are deeply structural and ideological, resulting from nearly 40 years of economic liberalisation and financialisation. Reversing their effects will require a fundamental re-organisation and re-orientation of both national economies and the global economic system of which they form a part. References Abbas, M and A. Croft (2011) ‘Cameron Denies Austerity Drive Caused UK Riots’ Reuters. 11 August. Apps, P. (2011) ‘Analysis: Riots Shake Faith in UK Austerity, Stability.’ Reuters. 10 August. Archbishop of Canterbury, Rowan Williams (2011) ‘Time for Us to Challenge the Idols of High Finance.’ Financial Times. 1 November. Archbishop of Canterbury (1985) Faith in the City: The Archbishop of Canterbury’s Commission on Urban Priority Areas. London: Church House Publishing. Arndt, H.W. (1944) The Economic Lessons of the Nineteen-Thirties. London: Frank Cass. Barro, R (2009) ‘Government Spending is No Free Lunch: Now the Democrats are Peddling Voodoo Economics,’ Wall Street Journal, 22 January. Blankenburg, S and Palma, G. (2009), ‘Introduction: the global financial crisis’, Cambridge Journal of Economics. 33(4): 531-538. Boyer, R. (2012) ‘The Four Fallacies of Contemporary Austerity Policies.’ Cambridge Journal of Economics. 36(1): 000-000. Callinicos, A. (2012) ‘Contradictions of Austerity.’ Cambridge Journal of Economics. 36(1): 000-000.