The Global Minotaur

'The emerging rock-star of Europe's anti-austerity uprising.'
Daily Telegraph

'A spirited book.'
New Yorker

In this remarkable and provocative book, Yanis Varoufakis, former finance minister of Greece, explodes the myth that financialisation, ineffectual regulation of banks, greed and globalisation were the root causes of both the Eurozone crisis and the global economic crisis. Rather, they are symptoms of a much deeper malaise which can be traced all the way back to the Great Crash of 1929, then on through to the 1970s: the time when a Global Minotaur was born.

Today's deepening crisis in Europe is just one of the inevitable symptoms of the weakening Minotaur; of a global system which is now as unsustainable as it is imbalanced. Going beyond this, Varoufakis reveals how we might reintroduce a modicum of reason into what has become a perniciously irrational economic order.

An essential account of the socio-economic events and hidden histories that have shaped the world as we now know it.

Autorentext

Yanis Varoufakis is the former finance minister of Greece. He was for many years a professor of economics in Britain, Australia and the USA before he entered government. He is currently Professor of Economics at the University of Athens. Since resigning from Greece's finance ministry he has co-founded an international grassroots movement, DiEM25, which campaigns for the revival of democracy in Europe. He is the author of Adults in the Room and the Sunday Times Number 1 bestseller And the Week Suffer What They Must?

Zusammenfassung
'The emerging rock-star of Europe's anti-austerity uprising.'Daily Telegraph 'A spirited book.'New YorkerIn this remarkable and provocative book, Yanis Varoufakis, former finance minister of Greece, explodes the myth that financialisation, ineffectual regulation of banks, greed and globalisation were the root causes of both the Eurozone crisis and the global economic crisis. Rather, they are symptoms of a much deeper malaise which can be traced all the way back to the Great Crash of 1929, then on through to the 1970s: the time when a Global Minotaur was born.Today's deepening crisis in Europe is just one of the inevitable symptoms of the weakening Minotaur; of a global system which is now as unsustainable as it is imbalanced. Going beyond this, Varoufakis reveals how we might reintroduce a modicum of reason into what has become a perniciously irrational economic order.An essential account of the socio-economic events and hidden histories that have shaped the world as we now know it.

Inhalt

Foreword by Paul Mason

1. Introduction
2. Laboratories of the Future
3. The Global Plan
4. The Global Minotaur
5. The Beast's Handmaidens
6. Crash
7. The Handmaidens Strike Back
8. The Minotaur's Global Legacy: The Dimming Sun, the Wounded Tigers, a Flighty Europa and an Anxious Dragon
9. A Future Without the Minotaur?