The Intellectual Origins of the Global Financial Crisis

Index

ABS (asset-backed securities), 199 Afghanistan, 29 Afrikaners, 194, 195 Alger, Horatio, 71 American Bar Association, 57 American Medical Association, 57 AmeriCorps, 60 Arendt, Hannah, 1, 3, 4, 7–8, 9–13, 15, 17–27, 29–37, 39, 40–45, 47, 73, 83, 86, 87, 90, 93, 110, 136, 140, 165, 185, 189, 191, 200, 203; consumer society, 136; The Human Condition, 14, 89; imperialism, 4, 17–24, 26–30, 34–35, 39–45; Marx 25; politics, 4–5, 12, 185; thinking, 3, 7–8 Arendt Center, viii, ix, 83, 93 Aristotle, 32, 35, 207 Arrow, Kenneth, 106, 107 Augustine, 35, 121 Bank of England, 116 Barber, Benjamin, 2, 22, 164, 165 Bell, Daniel, 52 Benjamin, Walter, 164, 165; Arcades Projects, 164 Berkowitz, Roger, 189, 200 Bernanke, Ben, 67, 114 Bluecher, Heinrich, viii, 86 Bobbio, Norberto, 90, 91 Bobo, Kim, 55, 57; Wage Theft in America, 55 bourgeoisie, 26, 27, 31, 32, 34, 41, 43, 154, 161, 163–165; and Thomas Hobbes, 29–31 Bovespa, 10, 83, 86, 87 Bryan, William Jennings, 17 bubble. See financial bubbles Buffet, Warren, 63, 121, 199 Burden of our Time, viii, 1, 4, 5, 7, 15 Burns, Arthur F., 3 Bush, George W., 5, 18, 52, 84, 85 buyout industry, 66, 67, 71 capitalism, 2, 3, 6–7, 8, 9, 10, 11, 12, 18–19, 25–26, 33–34, 40, 51–60, 63, 83–86, 99, 101, 108, 110, 125, 139–40, 145–51, 153–57, 160–65, 167–68, 174–75, 191–98, 199–200, 205, 207, 208, 210–11; crony capitalism, 119–20; financial capitalism, 41–45, 110, 154, 157, 160–61, 165; imperialism, 191–92; Max Weber, 146–47; money-manager capitalism, 125–27; morality and capitalism, 51–56, 60; nationalism, 148–50; erosion of values, 63 Cassano, Joseph, 53 Chamberlain, Neville, 27 Chance, Clifford, 56 cheap money, 1, 2, 3, 11, 51 Clinton, Bill, 84 collateral debt obligations (CDOs), 45, 65, 76, 124, 126, 128, 199 Copenhagen, 23, 24 Corporate Sustainability Index, 91 credit default swaps, 129, 138, 199 De Gaulle, Charles, 62 Debreu, Gerard, 106 democracy, 2, 39, 43, 44, 161, 192, 193, 197 derivative, viii, 9, 28, 94–98, 100, 106–7, 202 Dodd-Frank legislation, 66 Douglas, Michael, 153 Dutch Golden Age, 109 economic crisis. See global financial crisis Index 216 :: i n d e x Federal Deposit Insurance Corporation (FDIC), 96, 116, 131 Federal Reserve, 1, 66, 96, 119, 121, 126, 138, 139 finance capitalism, 11–13, 41–45; 85, 120, 153–55, 160, 163–65, 195, 199, 208; banality of finance, 203 financial bubbles, 1–2, 4, 10–12, 61–62, 84, 108, 114–21, 128, 134–38, 162, 175, 186–89, 202, 209 financial crisis. See global financial crisis Foucault, Michel, 5, 12, 157, 158, 161, 168, 169, 171, 173; Birth of Biopolitics, 169 Friedman, Milton, 173 Friedrich, Carl, 40 Fuld, Richard, 51, 53 Gaffney, Mason, 153 Gary Wills, 34 Gekko, Gordon, 153 Glass-Steagall, 75, 77, 96, 127, 161 global financial crisis, 2, 3, 4, 8, 9, 10, 11, 12, 16, 26, 39, 40, 52, 53, 61, 84, 86; crash of 2008, 11, 51; great recession, 63, 123ff, 131, 132, 199 globalization, 21, 41, 54, 127, 129, 149, 150 Goldman Sachs, 44, 66, 532, 119, 163–64 Great Depression, 2, 18 Great Recession. See global financial crisis Greenspan, Alan, 60, 77, 78, 85 Harris Interactive, 55 Harvey, David, 196 Hayek, Friedrich Hayek, 111, 124, 172 Hegel, Georg Friedrich, 35–37 Heuer, Wolfgang, 83 Hobbes, Thomas, 8, 29–37, 206, 207 imperialism, vii, 4, 8, 13, 17–23, 24, 25–29, 32, 34, 39, 41–45, 191–92, 205 Internal Revenue Service, 59 International Monetary Fund, 41, 115 Iraq, 27 Johnson, Lyndon, 27 Kant, Immanuel, 35, 90 Keynes, John Maynard, 24, 105, 106, 111–21, 124, 131, 132, 164, 199, 200, 202; General Theory of Employment, Interests, and Money, 106; Keynesian economics, 11 Kindleberger, Charles, 108 Kipling, Rudyard, 68 Lehman Brothers, 44, 53, 74, 79, 85 limitless power, 18 long term capital management, 125 Luxemburg, Rosa, 12, 13, 41, 191, 193–96; Accumulation of Capital, 191, 192 Main Street, 69, 78 Mandel, Nelson, 81 Mankiw, Gregory, 114 Martin, Kingsley, 112 Marx, Karl, 12, 19, 25, 34–36, 41, 145, 148, 174, 192–94, 200, 206; Das Kapital, 163 Massimo De Angelis, 196, 197 Matthaei, Simone, 83 Merrill Lynch, 53 Minh, Ho Chi, 27 Minsky, Hyman, 11, 68, 94, 124, 200 Mises, Ludwig von, 111, 124 Modigliani, Franco, 118 Montesquieu, 35 Morgenthau...