"The global financial crisis has shattered the illusion that all was well with capitalism and forced us to confront the great challenges we face today with a new sense of urgency. Few are better placed to do this than Zygmunt Bauman, a social thinker whose writings on liquid modernity have pioneered a new way of seeing the world in which we live at the dawn of the 21st Century." "Our liquid modern world is characterized by the transition from a society of producers to a society of consumers, the natural extension of which is the society of perpetual debtors. The ruling idea of the society of consumers is to prevent needs from being satisfied and to create demand; its natural extension is to enable consumers to consume more by borrowing. Debt was transformed into a crucial profit-earning asset of capitalism in liquid modern times. The present-day 'credit crunch' is not the outcome of the banks' failure but rather the fruit of their success in transforming the majority of men and women, young and old, into a race of debtors. They got what they were looking for: a society of debtors whose condition of being in debt was made self-perpetuating, with more debts being offered, and more undertaken, as the only way of escaping from the debts already incurred." "Starting from this reflection on the current global financial crisis and prompted by the probing questions of his interlocutor, Citlali Rovirosa-Madrazo, Bauman examines in an historical perspective some of the most pressing moral and political issues of our time, from international terrorism and the rise of religious and secular fundamentalism to the decline of the nation-state and the threats posed by global warming, issues whose seriousness and urgency attest to the fact that we are living today not only on borrowed money but also on borrowed time"--Book jacket

"The sociologist Daniel Bell was an uncommonly acute observer of the structural forces transforming the United States and other advanced societies in the twentieth century. The titles of Bell's major books-The End of Ideology (1960), The Coming of Post-Industrial Society (1973), and The Cultural Contradictions of Capitalism (1976)-became hotly debated frameworks for understanding the era when they were published. In Defining the Age, Paul Starr and Julian Zelizer bring together a group of distinguished contributors to consider how well Bell's ideas captured their historical moment and continue to provide profound insights into today's world. Wide-ranging essays demonstrate how Bell's writing has informed thinking about subjects such as the history of socialism, the roots of the radical right, the emerging postindustrial society, and the role of the university. The book also examines Bell's intellectual trajectory and distinctive political stance. Calling himself "a socialist in economics, a liberal in politics, and a conservative in culture," he resisted being pigeon-holed, especially as a neoconservative. Defining the Age features essays from historians Jenny Andersson, David A. Bell, Michael Kazin, and Margaret O'Mara; sociologist Steven Brint; media scholar Fred Turner; and political theorists Jan-Werner Müller and Stefan Eich. While differing in their judgments, they agree on one premise: Bell's ideas deserve the kind of nuanced and serious attention that they finally receive in this book"--