After the Crash: Understanding the Social, Economic and Technological Consequences of the 2008 Crisis
Orhan Erdem, 3030433447, 3030433420, 978-3030433444, 978-3030433420, 9783030433444, 9783030433420, B086S1SQJQ
This book seeks to diagnose and analyze the social, economic and technological consequences of the 2008 financial crisis, which brought epochal changes to our lives. First and foremost, a paradigm shift arose in economic theories that fail to predict or explain the crisis. On the governmental side, we have been observing a natural parallel between authoritarianism and the way many democratic countries are being governed. Liberalism seems to have failed. Driven by the anger over the crisis and its heavy burden, a variety of technological innovations were birthed and gained momentum. Bitcoin was a manifesto to the monetary system; sharing economy was a rebellion to the consumerist lifestyle; and subscriptions were a threat to ownership. This books ties each of these events to the 2008 crisis and explains the connection.