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

Autor Yanis Varoufakis Cuvânt înainte de Paul Mason
en Limba Engleză Paperback – 4 iul 2015
In this provocative book, Yanis Varoufakis—the fiery former finance minister in Greek’s new Syriza-led government—explodes the myth that financialization, ineffective regulation of banks, and generalized greed and globalization were the root causes of the global economic crisis. Rather, he shows, they are symptoms of a much deeper malaise, one that can be traced all the way back to the Great Depression, then through the stagflation of the 1970s, when a “Global Minotaur” was born. Today’s deepening crisis in Europe, Varoufakis shows, is just one of the inevitable signs of the weakening Minotaur—of a global system that is now as unsustainable as it is unbalanced. Rather than simply diagnose a problem, however, Varoufakis also offers a solution, a program for introducing reason into what has become a perniciously irrational economic order.

An essential, powerfully polemical account of the hidden histories that continue to shape our world and economy today, this book from a major player on the stage of world finance, and with a new introduction by Paul Mason, will be essential reading for economists, policy makers, and regular citizens alike.
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Specificații

ISBN-13: 9781783606108
ISBN-10: 178360610X
Pagini: 304
Dimensiuni: 129 x 198 x 23 mm
Greutate: 0.32 kg
Ediția:Third Edition
Editura: Bloomsbury Publishing
Colecția Zed Books
Seria Economic Controversies

Locul publicării:London, United Kingdom

Caracteristici

Explores the development of the global economic system and the lead-up to the Great Crash of 2008

Notă biografică

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?

Cuprins

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?

Recenzii

"If you want to know how serious the current crisis is, you should read his book. With much eloquence, Yanis Varoufakis argues that the current financial problems are connected to the emerging fault lines of the international monetary system. The US (the Minotaur) used to govern the international monetary system, but no more; and this crucially means that there is no surplus recycling mechanism that can reliably stabilise the world economy. The elephant in the room, so to speak, is a stumbling Minotaur."

The emerging rock-star of Europe's anti-austerity uprising
This trenchant and readable critique sets the eurozone crisis within a much longer context.
A spirited book.
His argument has an ambitious sweep.
Yanis Varoufakis is a rare economist: skilled at explaining ideas, happy to join in public debates and able to put his discipline in a broader context.
In the most comprehensive guide to the contemporary economic crisis yet written, Yanis Varoufakis traces out the path from post-war US economic supremacy to the current predicament.
Clearly and strongly written, with logical organization building towards simple conclusions, the book is an easy yet rewarding read ... perhaps should become the standard way we think about the nature of our increasingly dysfunctional world economy.
If you want to know how serious the current crisis is, you should read this book. With much eloquence, Yanis Varoufakis argues that the current financial problems are connected to the emerging fault lines of the international monetary system.
Yanis is one of the best, brightest and most innovative economists on the planet.
The book is one of those exceedingly rare publications of which one can say they are urgent, timely and absolutely necessary.

Descriere

In this provocative book, Yanis Varoufakis—the fiery former finance minister in Greek’s new Syriza-led government—explodes the myth that financialization, ineffective regulation of banks, and generalized greed and globalization were the root causes of the global economic crisis. Rather, he shows, they are symptoms of a much deeper malaise, one that can be traced all the way back to the Great Depression, then through the stagflation of the 1970s, when a “Global Minotaur” was born. Today’s deepening crisis in Europe, Varoufakis shows, is just one of the inevitable signs of the weakening Minotaur—of a global system that is now as unsustainable as it is unbalanced. Rather than simply diagnose a problem, however, Varoufakis also offers a solution, a program for introducing reason into what has become a perniciously irrational economic order.

An essential, powerfully polemical account of the hidden histories that continue to shape our world and economy today, this book from a major player on the stage of world finance, and with a new introduction by Paul Mason, will be essential reading for economists, policy makers, and regular citizens alike.