The Global Minotaur - America, Europe and the Future of the World Economy

''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.

About the author

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?

Product details

• Authors: Yanis Varoufakis
• Assisted by: Paul Mason (Foreword), Mason Paul (Foreword)
• Publisher: Bloomsbury Academic
• Languages: English
• Product format: Paperback / Softback
• Released: 08.04.2024
• EAN: 9781350477476
• ISBN: 978-1-350-47747-6
• No. of pages: 304
• Dimensions: 128 mm x 196 mm x 20 mm
• Series: Economic Controversies
• Subjects: Social sciences, law, business > Business > Economics; BUSINESS & ECONOMICS / Economic History, BUSINESS & ECONOMICS / International / General, 21st Century, 21st century, c 2000 to c 2100, International Economics, Economic & financial crises & disasters, Economic and financial crises and disasters