The New Economy in Transatlantic Perspective [book]

2005
What's left from the new economy? This book takes an unfashionable perspective and shows that despite all the mistaken ideas and exaggerations, the technological changes of the 1990s still have important effects today. Economic history shows that technological revolutions tend to generate deep economic and social crises before a temporary state of equilibrium is reached. The established modes of accumulation and regimes of regulation of national capitalisms and international capitalism have
more » ... undermined by the collapse of the high tech asset bubble. Financial markets are still in disarray. What can be observed, however, is that some national economies are better positioned to tackle the crisis than others. Why is this? This and other important questions are tackled by an international team of contributors including
doi:10.4324/9780203420966 fatcat:c6lqrxour5by7p2qt2vsbk76xa