Chapter 5 explores xiangchou as a materially and culturally embedded concept in the 2010s, which represented an ‘era of crises’ in China. The chapter frames crises as both the acute global COVID-19 pandemic, as well as through longer-term and more embedded ‘crises,’ categorized broadly as: the ’big city disease’, the existential crisis of meaninglessness, and the three-rural issue. Discursive analysis of various government text illustrates how different state organs can invoke the language of xiangchou to describe both a symptom of such crises as well as a response and potential remedy to these crises. Various case studies also demonstrate how feelings of homesickness and the inevitable separations from those ‘left behind’ can compel various forms of ‘rural return,’ but to varying effects and opportunities.

Abstract: This chapter contends that modern ecological debates can be traced back to the differences between the Hobbesian constructivist idea of an exit from nature, a Lockean productivist enhancement of nature, and a Rousseauian idea of conservation built on his notion of supplementarity. It shows how these conflicting views shape current ecological discourses and crises, and help us to understand the complex, fractured ecological sensibility of the modern West.

How we sequence events and revelation. Plot shapes and patterns; open and closed endings. How characters make plot. Developing plot, delivering plot, hiding plot and solving plot problems. Checking and testing your plot.

This chapter describes the procedure for cessie van goede (L. cessio bonorum), the legal solution utilized by the majority of insolvents in seventeenth-century Amsterdam. It is based upon a qualitative analysis of more than 250 unique cases. Even though the local authorities vigilantly guarded their power to approve or deny the granting of cessie to their citizens after consulting the creditors involved, it was very rarely denied in practice. Cessie allowed an insolvent to escape debt imprisonment, in exchange for handing over all his or her possessions to be sold for the benefit of the creditors. The identity of the applicants for cessie will be analyzed in contrast with the characteristics of the accord population that was discussed in Chapter 5 of this book. The main factors that were provided by the applicants as an explanation for their financial demise are categorized and critically examined. It will be shown that through cessie van goede, many Amsterdam insolvents gathered sufficient trust and reputation to attempt to restart their businesses.

The Conclusion reflects on the long-term trajectory of welfare in Europe, highlighting the substantial increases in living standards that have occurred over the past centuries. It considers how technological and institutional developments have enabled sustained economic growth, while also acknowledging the environmental and social challenges that have emerged, particularly in the context of climate change. The Epilogue discusses the potential for future crises, including economic and environmental shocks, and whether Europe’s economic system is resilient enough to manage these challenges. The chapter concludes by emphasizing the importance of learning from historical experiences to address contemporary and future issues related to sustainability, inequality and economic development. By framing modern problems within the context of long-term economic history, the authors offer an optimistic yet cautious outlook on Europe’s ability to continue improving welfare in a sustainable manner.

Chapter 10 approaches recent research on birth and infancy through a crisis-oriented framework. Birth and infancy are processes of transformations involving caregivers, kin, community, and the state. These take place in sociocultural and ecological contexts, which are many times also changing and adapting to known and unpredictable situations and possibilities. After introducing crisis as a pertinent concept for the study of birth and infancy beyond normative developmental frameworks, the authors describe works on notions of personhood, self, and attachments as processes involving lifecycle and non-lifecycle crises. The chapter approaches crises as disruptions that take place at different levels and temporalities, which are intrinsic to the understanding of birth and infancy contextually, highlighting long-term critical events that permeate societies and are intertwined with policy trends. The final section examines the crises of infancy, including attachment processes entangled in higher-order social crises, such as among socially and economically oppressed populations living with conditions of extreme precarity.

Recounting the experiences of Wu Ruyin and his son, Wu Weiying, who between them held the title of Marquis of Gongshun in succession from 1599 to 1643, this chapter and the next address two overarching issues. First, they explore how institutions and administrators persevere amidst crisis. It may be tempting to caricature late Ming bureaucrats as obdurately clinging to the past, but men like Wu Ruyin and Wu Weiying adapted to new demands by incorporating new technologies and new ways within established frameworks. Few felt the need to abandon the “institutions of the imperial forefathers.” Second, these chapters examine the place of merit nobles in late Ming society. Wu Ruyin and Wu Weiying were not men of the people, but by function of their social circles, they actively engaged in the capital’s broader cultural activities, and by virtue of their jobs as senior military administrators, they commanded surprisingly detailed information about common soldiers and officers, war captives and refugees, and even rumors circulating through Beijing. This chapter first examines Wu Ruyin’s role as the emperor’s representative in ceremony, which included officiating at rituals, offering prayers, and hosting banquets, and second, considers his experiences as a military administrator in a time of acute challenges.

Chapter 7 traces Commerzbank’s trajectory of financialisation to highlight how its extroverted strategies differed from those of Deutsche Bank. Commerzbank is a less-likely actor of financialisation as it is a smaller bank and has historically focused on the European SME sector. Commerzbank attempted a transformation without major relocation, and redirected fewer resources to its strategies of liability management (LM). While it established the first German foreign branch in the US in 1971, it never bought a major US or British institution. Commerzbank’s more hesitant approach meant that the bank failed to uphold itself in US money markets several times. The chapter shows that Commerzbank’s significant US immersion only happened during the GFC when it bought the larger Dresdner Bank during the 2008 financial crisis but could not manage Dresdner’s heavy exposure to US RMBS, eventually resulting in a public bailout. Commerzbank’s alternative story demonstrates that the rise of US finance made LM a transformative but differentiated concern for non-US banks.

The changes at play in the contemporary world bring about challenges that are impacting political legitimacy. They make legitimacy at the same time more problematic and more relevant, at both the national and international levels. From this perspective, how these changes and challenges are going to be addressed in the coming years is likely to determine, to a large extent, the evolution of political legitimacy—nationally and internationally. Among the changes and challenges underway, and their associated events and trends, I highlight the following eight: (1) the challenge of integration and disintegration, (2) the economic and financial challenge, (3) the geopolitical challenge, (4) the normative challenge, (5) the technological challenge, (6) the reassessment of globalization challenge, (7) the crisis of democracy challenge, and (8) the governance challenge. I unpack them in turn and, for each of them, allude to their possible meaning and implications for political legitimacy.

This chapter focuses on change of an international order and its sense of legitimacy—in other words, change of the system of an international order and of its legitimacy. Concentrating on the change of an international order and of its legitimacy consists of exploring a type of change that is so transformative that it brings about a change in both how an international order is organized and institutionalized and functions, and how this is justified by the culture of legitimacy that is part of it. As a way to analyze this issue, this chapter addresses three questions: What can be the reasons triggering a change of international order/system and the sense of legitimacy that comes with it? What are the modalities and processes indicating that an international system and its legitimacy are changing? What has shifted—that is, changed—when a new international order and its culture of legitimacy have emerged?

Having looked at how firms develop innovations and bring them to market, and the role of entrepreneurs and states in shaping those processes, we turn now to the question of what innovations do to society. Innovations, after all, do not just concern the firms that create them. We begin at the most macro of macroscopic levels with Perez’s paper on technology bubbles, asking how societies are transformed through successive waves of technological revolution and what happens as those waves flood over society. Staying at the macroscopic perspective with Zuboff’s paper on Big Other, we look at how technological change transforms capitalist dynamics and ushers in both new logics of accumulation and new forms of exploitation. Then, we move to the question that the popular press tends to phrase as “Will robots take our jobs?” as we look at the history and future of workplace automation with Autor’s paper and Bessen’s analysis of the conditions that lead to widespread, as opposed to highly concentrated, societal gains from technology.