TY - BOOK ID - 7183733 TI - The financial crisis in constitutional perspective : the dark side of functional differentiation AU - Febbrajo, Alberto AU - Kjaer, Poul F. AU - Teubner, Gunther PY - 2011 VL - 9 SN - 9781841130101 1841130109 PB - Oxford Hart DB - UniCat KW - Global Financial Crisis, 2008-2009 KW - Sociological jurisprudence KW - AA / International- internationaal KW - 321.2 KW - 333.139.0 KW - 333.17 KW - 347.730 KW - Finance KW - -Sociological jurisprudence KW - Constitutional law KW - 340.115 KW - Ja1 KW - Constitutional limitations KW - Constitutionalism KW - Constitutions KW - Limitations, Constitutional KW - Public law KW - Administrative law KW - Law KW - Law and society KW - Society and law KW - Sociology of law KW - Jurisprudence KW - Sociology KW - Law and the social sciences KW - Funding KW - Funds KW - Economics KW - Currency question KW - Global Economic Crisis, 2008-2009 KW - Subprime Mortgage Crisis, 2008-2009 KW - Financial crises KW - Economisch beleid van de overheid. KW - Controle en nationalisatie van de banken: algemeen. KW - Crises, saneringen en hervormingen van het bankwezen. KW - Financiƫle instellingen: algemeen. KW - Law and legislation KW - Interpretation and construction KW - Global Financial Crisis, 2008-2009. KW - Sociological jurisprudence. KW - Law and legislation. KW - Crashes, Financial KW - Crises, Financial KW - Financial crashes KW - Financial panics KW - Panics (Finance) KW - Stock exchange crashes KW - Stock market panics KW - Crises KW - Economisch beleid van de overheid KW - Controle en nationalisatie van de banken: algemeen KW - Crises, saneringen en hervormingen van het bankwezen KW - Financiƫle instellingen: algemeen KW - Sociological jurisprudence - Congresses UR - https://www.unicat.be/uniCat?func=search&query=sysid:7183733 AB - "This volume presents the first thorough sociologically-informed legal analysis of the financial crisis which unfolded in 2008. It combines a multitude of theoretically informed analyses of the causes, dynamics and reactions to the crisis and contextualises these within the general structural transformations characterising contemporary society. It furthermore explores the constitutional implications of the crisis and suggests concrete changes to the constitutional set-up of contemporary society. Although the question of individual responsibility is of crucial importance, the central idea animating the volume is that the crisis cannot be reduced to a mere failure of risk perception and management for which individual and collective actors within and outside of financial organisations are responsible. The 2008 crisis should rather be understood as a symptom of far deeper structural transformations. For example contemporary society is characterised by massive accelerations in the speed with which societal processes are reproduced as well as radical expansions in the level of globalisation. These transformations have, however, been asymmetrical in nature insofar as the economic system has outpaced its legal and political counterparts. The future capability of legal and political systems to influence economic reproduction processes is therefore conditioned by equally radical transformations of their respective operational forms and self-understanding. Potentially the 2008 crisis, therefore, has far-reaching constitutional implications"--Provided by publisher. ER -