“It is not too early to write the broader history of a global crisis.”

The 2008 Global Crisis: Approaches to a Future History

#Politics

Tue, Sep 25th, 2018 11:00 by capnasty NEWS

Albeit lengthy, professor Adam Tooze gives a fascinating lecture at the American Academy in Berlin looking at the 2008 financial crisis, its aftermath, and the "political aftershocks" seen in the world today.

The year 2008 will forever be associated with the collapse of Lehman Brothers, the subprime mortgage crisis, the Great Recession, and the election of Barack Obama. But taking an overly America-centric view of this time drastically reduces its global financial, economic, political, and geopolitical ramifications. While popular movies and books such as Inside Job, The Big Short, and Too Big To Fail have captured aspects of the drama of 2008, business historian Adam Tooze says it is not too early to write the broader history of a global crisis that many have identified as an epochal break in the post-Cold War era. In this lecture, Tooze sketches the outline of a future history.

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