Looking over the cliff: globalizing inequalities and the challenge for a global social theory

Hdl Handle:
http://hdl.handle.net/10034/611349
Title:
Looking over the cliff: globalizing inequalities and the challenge for a global social theory
Authors:
Powell, Jason
Abstract:
Every nation-state across all corners of the globe has been experiencing the most formidable structural, economic climate since the 1930s. One of the central causes of global financial instability has been transnational financial institutions and lack of regulation for consumer populations in different nation-states. It is not just financial institutions but also nation-states. For example, in May 2010, the Greek government has turned to Europe to help stimulate its economy (with 100 billion euros loan); otherwise, Greece would be at risk for bankruptcy which would then have ripple effects for other EU economies linked through economic harmonization, such as EU country memberships of the Euro – which would dramatically lose its value in the global economic market if the Greek economy was not propelled by support from other EU countries. President Obama has recognized the potential instability that Greece could potentially have on the US economy; and hence, this raises questions about the wider global economy. Whilst these problems require a global response by the international community and political leaders, they also require a response and engagement by social scientists.
Affiliation:
University of Chester
Citation:
Powell, J. (2010). Looking over the cliff: globalizing inequalities and the challenge for a global social theory. Fast Capitalism, 7(1).
Journal:
Fast Capitalism
Publication Date:
Jul-2010
URI:
http://hdl.handle.net/10034/611349
Additional Links:
https://www.uta.edu/huma/agger/fastcapitalism/7_1/powell7_1.html
Type:
Article
Language:
en
ISSN:
1930-014X
Appears in Collections:
Social and Political Science

Full metadata record

DC FieldValue Language
dc.contributor.authorPowell, Jasonen
dc.date.accessioned2016-06-01T11:07:02Zen
dc.date.available2016-06-01T11:07:02Zen
dc.date.issued2010-07en
dc.identifier.citationPowell, J. (2010). Looking over the cliff: globalizing inequalities and the challenge for a global social theory. Fast Capitalism, 7(1).en
dc.identifier.issn1930-014Xen
dc.identifier.urihttp://hdl.handle.net/10034/611349en
dc.description.abstractEvery nation-state across all corners of the globe has been experiencing the most formidable structural, economic climate since the 1930s. One of the central causes of global financial instability has been transnational financial institutions and lack of regulation for consumer populations in different nation-states. It is not just financial institutions but also nation-states. For example, in May 2010, the Greek government has turned to Europe to help stimulate its economy (with 100 billion euros loan); otherwise, Greece would be at risk for bankruptcy which would then have ripple effects for other EU economies linked through economic harmonization, such as EU country memberships of the Euro – which would dramatically lose its value in the global economic market if the Greek economy was not propelled by support from other EU countries. President Obama has recognized the potential instability that Greece could potentially have on the US economy; and hence, this raises questions about the wider global economy. Whilst these problems require a global response by the international community and political leaders, they also require a response and engagement by social scientists.en
dc.language.isoenen
dc.relation.urlhttps://www.uta.edu/huma/agger/fastcapitalism/7_1/powell7_1.htmlen
dc.subjectGreeceen
dc.subjectGlobal poweren
dc.titleLooking over the cliff: globalizing inequalities and the challenge for a global social theoryen
dc.typeArticleen
dc.contributor.departmentUniversity of Chesteren
dc.identifier.journalFast Capitalismen
dc.date.accepted2010-04-10en
or.grant.openaccessYesen
rioxxterms.funderunfundeden
rioxxterms.identifier.projectunfundeden
rioxxterms.versionNAen
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