From Bretton Woods to the Global Financial Crisis

Popular Politics, Paradigmatic Debates, and the Construction of Crises

Bibliographic Data

ID9256995
AuthorsWesley Widmaier (0000-0003-2261-4479, Griffith University, corresponding author)
Year2014
Volume72
Issue2
Pages233-252
Publication date2014-04-03
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueReview of Social Economy (JOURNAL)
Journal identifiersISSN: 0034-6764 • E-ISSN: 1470-1162
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00346764.2014.912389
OpenAlexW2059467481
LanguageEN
Citations received2
References cited19

How do popular values shape constructions of crises and paradigmatic debates? In this paper, I offer a constructivist framework highlighting the popular bases of paradigmatic ideas and policy interests. In historical terms, I then trace the evolution of values, ideas, and polic]ies across three crises—the Bretton Woods-era inflation and currency crises of the 1960s, the South Korean and Long Term Capital Management crises of the 1990s, and the global financial crisis. In concluding, I stress implications for tensions not only between intellectuals and populists, but also among populists themselves—as in the affective divides between Tea Party and Occupy movements

Capital (architecture) · Currency · Economics · Economy · Financial crisis · Inflation (cosmology) · Keynesian economics · Monetary economics · Political economy · Political science · Politics · Positive economics · History · International Development and Aid · Law · Political and Economic history of UK and US

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