Political Elites in the Transatlantic Crisis

Beliefs held by US and European elites about unregulated markets and a currency union without fiscal union led to a transatlantic crisis unmatched in severity since the Great Depression. Leading scholars of elites analyze how elites have responded to the crisis, are altered by it and what this 'hour of elites' means for democracy.

1. Introduction: The Transatlantic Crisis; Heinrich Best and John Higley 2. Structure and Agency: Lessons from Pareto on the Study of Elites, Democracy and Crisis; Joseph V. Femia 3. Is 'Europe' the Lesser Evil? Limits of Elite Crisis Resolution in a Limitless Crisis; Heinrich Best 4. Facing the Crisis: The European Elite System's Changing; Geometry; Maurizio Cotta 5. Central European Elites in the Crisis; Pavol Fri?, György Lengyel, Jan Pakulski and Soña Szomolanyi 6. British Elite De-Coupling from Classes Amid Crisis and Globalization; David Lane 7. Why Can't US Business Elites be Moderate Keynesians? The Issue is Power, not Economics; G. William Domhoff 8. Elite Compromise, Crisis and Democracy: The US, Norway and Italy Compared; Fredrik Engelstad 9. When Political and Financial Elites Clash: Narratives of Blame, Power and Legitimacy; Alasdair Marshall 10. The Hour of Elites: Conclusions; Heinrich Best and John Higley

Maurizio Cotta, University of Siena, Italy G. William Domhoff, University of California, Santa Cruz, USA Fredrik Engelstad, University of Oslo, Norway Joseph V. Femia, University of Liverpool, UK Pavol Fri? Charles University, Czech Republic David Lane, University of Cambridge György Lengyel, Corvinus University, Hungary Alasdair Marshall, University of Southampton, UK Jan Pakulski the University of Tasmania, Australia So?a Szomolányi Comenius University, Slovakia