Abstract
The current financial crisis has forcefully, if perversely, demonstrated the centrality of the US in the global capitalist system. It is difficult to make any sense of recent events without emphasizing the imperial dimension of America’s relationship to the rest of the world. The crisis began in the US, rapidly spread to other parts of the world and continues to be shaped by American political and economic developments.
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© 2009 Leo Panitch, Martijn Konings, Sam Gindin and Scott Aquanno
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Panitch, L., Konings, M., Gindin, S., Aquanno, S. (2009). The Political Economy of the Subprime Crisis. In: Panitch, L., Konings, M. (eds) American Empire and the Political Economy of Global Finance. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230227675_12
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DOI: https://doi.org/10.1057/9780230227675_12
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-230-23608-0
Online ISBN: 978-0-230-22767-5
eBook Packages: Palgrave Political & Intern. Studies CollectionPolitical Science and International Studies (R0)