Chris Saltmarsh (Postgraduate Researcher) and Dillon Wamsley (Postdoctoral Researcher) are joined by Scott Lavery, Lecturer in Political and International Studies at University of Glasgow, to discuss the short and long-term causes of the 2008 financial crisis, what the crisis has meant for neoliberalism, the fundamental conditions of British capitalism, and how we can use political economy to analyse contemporary crises.
The 2008 financial crisis is the most totemic political-economic event in living memory. This podcast seeks to address key questions about the crash: What were the causes? How does it relate to previous crises in capitalism, like 1970s stagflation? Many believed that 2008 signalled the end of neoliberalism. How did neoliberalism endure in its immediate aftermath? Does China's alternative economic model represent a serious challenge to neoliberalism almost two-decades on? How should we make sense of the post-2008 multipolarity in global politics?