The financial crisis of 2008 failed to provoke a fundamental shift in global capitalism. Will this moment be different? asks political economist William Davies
The term “crisis” derives from the Greek “krisis”, meaning decision or judgment. From this, we also get terms such as critic and critical condition . A crisis can conclude well or badly, but the point is that its outcome is fundamentally uncertain. To experience a crisis is to inhabit a world that is temporarily up for grabs.
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