Abstract
In Global Slump: The Economics and Politics of Crisis and Resistance, David McNally observes:
Periods of enduring crisis and sporadic resistance are complex and dangerous. Desperation, anxiety, and hopelessness preside. The dominant class seems no longer to believe in itself. Rarely does it bother to espouse lofty ideals like freedom and betterment of the human condition … Rather than trying to inspire belief in their system, society’s rulers seem to have no higher purpose than maintaining the status quo, squeezing profit and privilege out of a decrepit but well protected machinery of power …. Naked money-grubbing, mercenary politics, and the unconcealed use of force in the service of power are the order of the day. Governments seem content to attack the population; the rich live merely to get richer. In all these ways, the decade of austerity becomes one of social and cultural regression.
(2011: 187–8)
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Carroll, W.K. (2014). Alternative Policy Groups and Transnational Counter-Hegemonic Struggle. In: Atasoy, Y. (eds) Global Economic Crisis and the Politics of Diversity. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137293688_11
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