000 02166cam a22003015i 4500
001 22324701
003 IIITD
005 20220910020003.0
008 211129s2022 nyu 000 0 eng
010 _a 2021951494
020 _a9780198864981
040 _aDLC
_beng
_erda
_cDLC
042 _apcc
082 _a320.91
_bTHO-D
100 1 _aThompson, Helen
245 1 0 _aDisorder :
_bhard times in the 21st century
_cby Helen Thompson.
260 _aNew York :
_bOxford University Press,
_c©2022
300 _axv, 367 p. ;
_c23 cm.
500 _aThis book includes index.
520 _a"Hard Times explains the historical origins of the political shocks of the past decade, showing how the Covid-19 crisis blew apart fault lines in western democracies, the US-China relationship, NATO, and the European Union that had been accumulating for decades. The book tells three historical stories. The geopolitical story begins with the inherent difficulties the United States faced as an ascendant non-Eurasian power in the early twentieth century, especially in the Middle East, and culminates in the American turn away from China in a world in which the United States is simultaneously a declining military power and a resurgent energy and financial power. The economic story begins in the 1970s and explains how the rise of the Eurodollar system and the decade's energy crises remade the monetary world and the European Union, and how the Federal Reserve and China's response to the 2007-8 crash in preventing an economic collapse let lose a succession of economic and energy problems that cannot now be resolved. The final story situates the present instability in the need for democracies to maintain 'losers' consent' and to be repaired when they become unbalanced. It also shows why such repair is so difficult under present geopolitical and economic conditions"--
650 _aGeopolitics
650 _aWestern countries
650 _aPolitics and government
650 _aEconomic history
906 _a0
_bibc
_corignew
_d2
_eepcn
_f20
_gy-gencatlg
942 _2ddc
_cBK
_01
999 _c157381
_d157381