ANALYSIS: Structural Crisis [Immanuel Wallerstein]

A maquiladora-factory in Mexico

Image via Wikipedia

The term ‘crisis’ played a central role in many national political debates during the 1970s, although definitions of it varied widely. Towards the end of the century it had largely been replaced by another, more optimistic term, ‘globalization’.  Since 2008, however, the tone has turned sombre again, and the notion of ‘crisis’ has abruptly resurfaced; but its usage is just as loose as ever. The questions of how to define a crisis, and how to explain its origins, have once again come to the fore.

[READ THE REST]

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: