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A joint publication of the Social Science Research Council and New York University Press Business as Usual The Roots of the Global Financial Meltdown Edited by Craig Calhoun and Georgi Derluguian NEW YORK UNIVERSITY PRESS New York and London www.nyupress.org© 2011 by Social Science Research Council All rights reserved Text Design: Debra Yoo Library of Congress Cataloging-in-Publication Data Business as usual : the roots of the global financial meltdown / edited by Craig Calhoun and Georgi Derluguian. p. cm. -- (Possible futures series ; v. 1) “A co-publication with the Social Science Research Council.” Includes bibliographical references and index. ISBN 978-0-8147-7277-5 (cl : alk. paper) -- ISBN 978-0-8147-7278-2 (pb : alk. paper) -- ISBN 978-0-8147-7279-9 (e-book : alk. paper) 1. Financial crises. 2. Capitalism. 3. Global Financial Crisis, 2008-2009. 4. Consumption (Economics) I. Calhoun, Craig J., 1952- II. Derluguian, Georgi M. HB3722.B867 2011 330.9’0511--dc22 2010052308 New York University Press books are printed on acid-free paper, and their binding materials are chosen for strength and durability. Printed in the United States of America c 10 9 8 7 6 5 4 3 2 1 p 10 9 8 7 6 5 4 3 2 1 References to Internet websites (URLs) were accurate at the time of writing. Neither the author nor New York University Press is responsible for URLs that may have expired or changed since the manuscript was prepared. ...

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