And the Weak Suffer What They Must?

The world-renowned economist and former Greek finance minister presents a devastating critique of how Europe has mishandled the Eurozone crisis, offering reforms for how we can save European capitalism and democracy from itself. Drawing on the personal experience of his own negotiations with the Eurozones financiers, Varoufakis shows how we concocted this mess and how we can get out of it.

Informationen zum Autor Yanis Varoufakis is an economist, political leader and the author of numerous bestselling books: Talking to My Daughter: A Brief History of Capitalism ; Adults in the Room , a memoir of his time as finance minister of Greece; an economic history of Europe, And The Weak Suffer What They Must ?; and Another Now: Dispatches from An Alternative Present . Born in Athens in 1961, he was for many years a professor of economics in Britain, Australia and the USA before he entered politics. He is co-founder of the international grassroots movement DiEM25 and a Professor of Economics at the University of Athens. Klappentext The world-renowned economist and former finance minister of Greece presents the case against austerity in order to save Europe from collapse. From the aftermath of WWII to the present, Varoufakis recounts how the eurozone emerged as a pyramid scheme of debt with countries such as Greece, Ireland, Portugal and Spain at its bottom. Zusammenfassung THE SUNDAY TIMES NUMBER ONE BESTSELLER The most recognisable economist on the planet, Yanis Varoufakis, puts forth his case to reform an EU that currently fails it weakest citizens. In this startling account of Europe's economic rise and catastrophic fall, Varoufakis pinpoints the flaws in the European Union's design a design thought up after the Second World War, and one responsible for Europe's fragmentation and resurgence of racist extremism. When the financial crisis struck in 2008, the political elite's response ensured it would be the weakest citizens of the weakest nations that paid the price for the bankers' mistakes. Drawing on his personal experience of negotiations with the eurozone's financiers, and offering concrete policies to reform Europe, the former finance minister of Greece shows how we concocted this mess and points our way out of it. And The Weak Suffer What They Must? highlights our history to tell us what we must do to save European capitalism and democracy from the abyss. With the future of Europe under intense scrutiny after Brexit, this is the must-read book to explain Europe's structural flaws and how to fix them. 'If you ever doubt what is at stake in Europe - read Varoufakis's account' Guardian ...

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The world-renowned economist and former finance minister of Greece presents the case against austerity in order to save Europe from collapse. From the aftermath of WWII to the present, Varoufakis recounts how the eurozone emerged as a pyramid scheme of debt with countries such as Greece, Ireland, Portugal and Spain at its bottom.

Résumé
A spectre is haunting Europe - the spectre of failed capitalism. In this account of Europe's economic rise and catastrophic fall, the author pinpoints the flaws in the European Union's design - a design that was thought up after the Second World War, and is responsible for Europe's fragmentation and the resurgence of racist extremism.