000			02219cam a22003015i 4500
001			22324701
005			20230105101004.0
008			211129s2022 nyu 000 0 eng
906			_a0 _bibc _corignew _d2 _eepcn _f20 _gy-gencatlg
925	0		_aacquire _b1 shelf copy _xpolicy default
010			_a 2021951494
020			_a9780198864981 _q(hardback)
020			_z9780192634214 _q(epub)
040			_aDLC _beng _erda _cDLC
042			_apcc
100	1		_aThompson, Helen, _eauthor.
245	1	0	_aDisorder: hard times in the 21st century : _bna / _cHelen Thompson.
250			_aNew edition.
263			_a1111
264		1	_aNew York : _bOxford University Press, _c2022.
300			_apages cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
520			_a"Hard Times explains the historical origins of the political shocks of the past decade, showing how the Covid-19 crisis blew apart fault lines in western democracies, the US-China relationship, NATO, and the European Union that had been accumulating for decades. The book tells three historical stories. The geopolitical story begins with the inherent difficulties the United States faced as an ascendant non-Eurasian power in the early twentieth century, especially in the Middle East, and culminates in the American turn away from China in a world in which the United States is simultaneously a declining military power and a resurgent energy and financial power. The economic story begins in the 1970s and explains how the rise of the Eurodollar system and the decade's energy crises remade the monetary world and the European Union, and how the Federal Reserve and China's response to the 2007-8 crash in preventing an economic collapse let lose a succession of economic and energy problems that cannot now be resolved. The final story situates the present instability in the need for democracies to maintain 'losers' consent' and to be repaired when they become unbalanced. It also shows why such repair is so difficult under present geopolitical and economic conditions"-- _cProvided by publisher.
999			_c14808 _d14800