US Responses and the Second Phase

2019 ◽  
pp. 92-111
Author(s):  
Huw Macartney
Keyword(s):  
Financial Crisis ◽  
Government Spending ◽  
Market Discipline ◽  
The Political ◽  
Second Phase ◽  
Political Protests ◽  
New Institutions ◽  
Legitimacy Crisis ◽  
Second Wave ◽  
Spending Cuts

This chapter argues that after the initial responses to the financial crisis the culture of banking debate came to the fore from 2012 onwards. Following government spending cuts and political protests the repeated banking scandals that emerged constituted a second wave. US state managers moved beyond improving market discipline to ethical reform and new institutions. But the chapter argues that the unfolding legitimacy crisis was perhaps the main reason for the political focus on bank culture, and fundamentally shaped the populist tactics used by US state managers. The chapter also shows the glaring absence of a debate on the structural causes of banking culture.

US Responses and the First Phase

2019 ◽  
pp. 69-91
Author(s):  
Huw Macartney
Keyword(s):  
Financial Crisis ◽  
Banking Crisis ◽  
Market Discipline ◽  
The Political ◽  
Public Confidence ◽  
Opinion Poll ◽  
The Us ◽  
Political Responses ◽  
Legitimacy Crisis ◽  
Poll Data

This chapter covers the early 2000s in the US and explains the backdrop to the legitimacy crisis that unfolded as the culture of banking crisis hit. It explains that following a regulatory tightening after the Enron scandal and the Dot.com boom, efforts diminished by the mid-2000s. Using opinion poll data the chapter then shows how public confidence in both the banks and the political classes fell dramatically as the financial crisis hit. It then explores the initial political responses to the financial crisis, arguing that though bank culture was identified as a problem as early as 2008–9, the initial responses focused only on tightening market discipline to reform conduct.

The Personal is the Political

2010 ◽  
Vol 3 (1) ◽  
pp. 125-148
Author(s):  
Mercilee M. Jenkins
Keyword(s):  
San Francisco ◽  
Women's Movement ◽  
Community Member ◽  
The Political ◽  
Oral Histories ◽  
Grass Roots ◽  
Feminist Organization ◽  
Second Wave

This paper explores the transformation of oral histories into a play about the founding of San Francisco Women's Building based on extensive interviews. My impetus for writing She Rises Like a Building to the Sky was to portray the kind of grass roots feminist organization primarily composed of lesbians that made up a large part of the second wave of the Women's Movement in the 1970's and early 1980's. The evolution of She Rises is discussed from three positionalities I occupied over an extensive period of time: oral historian, playwright and eventual community member. Excerpts from She Rises are used to illustrate the lessons I learned in the process of creating this work. I will discuss my self-collaboration in terms of the oral historian's concern for fidelity, the playwright's desire to bring such material to life whether by fact or fiction, and the community member's fears of how others will view this rendition of their stories. The behind the scenes dramas reveal as much as the play itself about the challenges and rewards of undertaking such projects.

Proza epoki Marca i wokół Marca’68 / The Political Crisis of March 1968 in Polish Fiction

2013 ◽  
Vol 54 (2) ◽  
pp. 219-237
Author(s):  
Sławomir Buryła
Keyword(s):  
Short Stories ◽  
Political Crisis ◽  
The Political ◽  
Political Protests

Summary The article examines the representation in Polish fiction of the atmosphere of the political protests of March 1968. The relevant texts can be divided into two groups, those that were written about the time of the crisis and those that focused on the March events, as they came to be known, in retrospect. The former includes the anti-Semitic short stories and novels written by Stanisław Ryszard Dobrowolski and Roman Bratny - works whose profile makes them exceptional in postwar Polish fiction. The latter is made up of an assortment of fiction and memoirs.

Tribunes and Patricians: Fringe Parties in the 21st Century

2012 ◽  
Author(s):  
Harry Nedelcu
Keyword(s):  
Financial Crisis ◽  
Political Parties ◽  
21St Century ◽  
Full Text ◽  
Debt Crisis ◽  
Party Systems ◽  
Radical Right ◽  
The Political ◽  
Political Spectrum ◽  
Structural Shifts

The mid and late 2000s witnessed a proliferation of political parties in European party systems. Marxist, Libertarian, Pirate, and Animal parties, as well as radical-right and populist parties, have become part of an increasingly heterogeneous political spectrum generally dominated by the mainstream centre-left and centre-right. The question this article explores is what led to the surge of these parties during the first decade of the 21st century. While it is tempting to look at structural arguments or the recent late-2000s financial crisis to explain this proliferation, the emergence of these parties predates the debt-crisis and can not be described by structural shifts alone . This paper argues that the proliferation of new radical parties came about not only as a result of changes in the political space, but rather due to the very perceived presence and even strengthening of what Katz and Mair (1995) famously dubbed the "cartelization" of mainstream political parties.   Full text available at: https://doi.org/10.22215/rera.v7i1.210

The Korean Wave Hallyu in Looking at Escapism in Peruvian Society

2014 ◽  
Vol 13 (3) ◽  
pp. 332-346 ◽  
Author(s):  
Nusta Carranza Ko ◽  
Jeong-Nam Kim ◽  
Song I. No ◽  
Ronald Gobbi Simoes
Keyword(s):  
Latin American ◽  
Economic Status ◽  
Field Research ◽  
Second Phase ◽  
Linguistic Differences ◽  
Class Differences ◽  
Socio Economic Status ◽  
Korean Wave ◽  
Second Wave ◽  
Latin American Countries

Abstract Overcoming geographic, cultural, and linguistic differences, the second phase of the Korean wave Hallyu made its mark in Latin America. From the results of the field research conducted in two Latin American countries Brazil and Peru during the summer of 2012, this study examines the effects of the second wave of Hallyu on Peruvian society. In doing so, it regards the demographics, education level, and socio-economic status of the Hallyu consumer groups that reflects the situation of inequality and escapism embedded in Peruvian society. The continuous access to a different culture, distinct from that of one’s own reality through a virtual environment of cyberspace may be a reflection of the individual’s own awareness of despair in the reality in which they find themselves, characterized by inequality and a cyclical nature of class differences.

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