Open seminar hosted by the Institute of International Affairs and the Faculty of Political Science at the University of Iceland on Thursday, November 20, from 12:00–13:00, in Lögberg 101 at the University of Iceland

At this open seminar, Professor Owen Worth, Head of the Department of Politics and Public Administration at the University of Limerick, will discuss Iceland’s position within the neoliberal world order through the lens of its recurring boom-and-bust cycles.

He argues that the spectacular rise and fall of “Viking finance-led capitalism” surrounding the Global Financial Crisis (2007–2009) reflects a deeper historical pattern in Icelandic capitalism, a dependence on export-oriented expansion followed by crisis. While this pattern has produced a degree of short-term stability under neoliberalism, it also contains the seeds of future crises. Professor Worth contends that Iceland has “regularised” its boom-and-bust dynamic within the neoliberal framework, yet paradoxically, these same crisis tendencies serve to challenge and potentially undermine neoliberalism itself.

Professor Owen Worth is Head of the Department of Politics and Public Administration at the University of Limerick. His work spans international political economy, class, hegemony, resistance, and global politics. He is the author of four books and Managing Editor of Capital & Class, published by Sage.

Moderator: Gylfi Magnússon, Professor at the Faculty of Business Administration, University of Iceland

*The seminar will take place in English and is open to all.

Registration is now open—click here to register