After the Great Complacence

This book is written by an interdisciplinary team based at the ESRC funded Centre for Research on Socio Cultural change at the University of Manchester. The authors are collectively best known for their pioneering work on financialization including team written books such as J. Froud et al, Financialization and Strategy (2006), I Ertürk et al, Financialization at Work (2008) and M. Savage and K. Williams, Elites Remembered (2008). Several of the authors also publish individually within their disciplines with books such as M. Moran, The British Regulatory State (2007) and Business, Politics, and Society (2009).Ewald Engelen is Professor of Financial Geography at the University of Amsterdam. Ismail Ertürk is Senior Lecturer in Innovation, Management, and Policy at the Manchester Business School Julie Froud is Professor of Financial Innovation at Manchester Business School Sukhdev Johal is Reader in Strategy and Business Analysis, Royal Holloway Adam Leaver is Lecturer in Business Analysis, Manchester Business School Michael Moran is WJM MacKenzie Professor, the University of Manchester Adriana Nilsson, Post Doctoral Fellow, Manchester Business School Karel Williams, Professor of Accounting and Political Economy, Manchester Business School

• INTRODUCTION ; SECTION I: NOT AS IT SEEMS : FINANCIAL INNOVATION AND THE UNDISCLOSED ; SECTION 2: BEYOND DEMOCRATIC CONTROL? MYSTIFIED POLITICS BEFORE AND AFTER THE CRISIS ; CONCLUSION

In After the Great Complacence, Engelen et al. have powerfully captured the reinvention of contemporary financial institutions associated with the emergence of more complex and risky finance leading up to the 2008 financial crisis.