The 1989-91 upheavals in Eastern Europe sparked a turbulent process of
social and economic transition. Two decades on, with the global economic
crisis of 2008-10, a new phase has begun. This book explores the scale
and trajectory of the crisis through case studies of the Czech Republic,
Hungary, Latvia, Poland, Russia, Ukraine and the former Yugoslavia. The
contributors focus upon the relationships between geopolitics, the world
economy and class restructuring. The book covers the changing
relationship between business and states; foreign capital flows;
financialisation and asset price bubbles; austerity and privatisation;
and societal responses, in the form of reactionary populism and
progressive social movements. Challenging neoliberal interpretations
that envisage the transition as a process of unfolding liberty, the
dialectic charted in these pages reveals uneven development, attenuated
freedoms and social polarisation.