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The Global Minotaur: America, Europe and the Future of the Global Economy

by Yanis Varoufakis - £8.99  Zed Books Ltd (2015)
paperback    ISBN 13: 9781783606108 | ISBN 10: 178360610x

In this remarkable and provocative book, Greek Finance Minister Yanis Varoufakis 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.

(Price & availability last checked: July 2015)

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The Global Minotaur: America, Europe and the Future of the Global Economy

by Yanis Varoufakis

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Featured book: Recommended books for Yuletide 2015!,
In booklists: The Cost of Living Crisis and Austerity, Greece, USA: Radical America,
In categories: Politics & Philosophy, Society, Welfare, Justice & the State, Anti-Capitalism & Global Inequality, World - North America,