Description

Book Synopsis

''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 hi

The Global Minotaur

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    A Paperback by Yanis Varoufakis

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      Book details

      Publisher Bloomsbury
      Imprint Bloomsbury Publishing PLC
      Published 3 April 2024
      ISBN-13 9781350477476
      978-1350477476
      ISBN-10 1350477478
      Also in:
      Business, Finance & Law International economics

      Description

      Book Synopsis

      ''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 hi

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