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About : The financial crisis promised a new chapter in political and economic history. But this appears to have been delayed. Modern consciousness is shaped by the notion of crisis, which the idea of ‘post-modernity’ then threw into doubt. But now, as we grow bored of the banality of change and financial uncertainty, and fearful of our inability to respond to disasters, we are waiting for a crisis to finally go critical.

Published December 2009 in the Diffusion Transformations series

William Davies is a Research Fellow at the Institute for Science Innovation & Society at Oxford University. He is author of Reinventing the Firm (Demos 2009) and Public Innovation: Intellectual Property in a Digital Age (ippr 2006). His writing has appeared in The Guardian,The Financial Times, Prospect and The New Statesman. His weblog is at www.potlatch.org.uk

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