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And the Weak Suffer What They Must?: Europe, Austerity and the Threat to Global Stability by Yanis Varoufakis (Hardcover, 2016)
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THE SUNDAY TIMES NUMBER 1 BESTSELLER The crisis in Europe is not over, it's getting worse. In this dramatic narrative of Europe's economic rise and spectacular fall, Yanis Varoufakis, former finance minister of Greece, 'the emerging rock star of Europe's anti-austerity uprising' (Telegraph), shows that the origins of the collapse go far deeper than our leaders are prepared to admit - and that we have done nothing so far to fix them. In 2008, the universe of Western finance outgrew planet Earth. When Wall Street imploded, a death embrace between insolvent banks and bankrupt states consumed Europe. Half a dozen national economies imploded and several more came close. But the storm is far from over... From the aftermath of the Second World War to the present, Varoufakis recounts how the eurozone emerged not as route to shared prosperity but as a pyramid scheme of debt with countries such as Greece, Ireland, Portugal and Spain at its bottom. Its woeful design ensured that collapse would be inevitable and catastrophic. But since the hurricane landed Europe's leaders have chosen a cocktail of more debt and harsh austerity rather than reform, ensuring that the weakest citizens of the weakest nations pay the price for the bankers' mistakes, while doing nothing to prevent the next collapse. Instead, the principle of the greatest austerity for those suffering the greatest recessions has led to a resurgence of racist extremism. Once more, Europe is a potent threat to global stability. Drawing on the personal experience of his own negotiations with the eurozone's financiers and offering concrete policies and alternatives, Varoufakis shows how we concocted this mess and how we can get out of it. And The Weak Suffer What They Must? reminds us of our history in order to save European capitalism from itself.Product Identifiers
PublisherVintage Publishing
ISBN-139781847924032
eBay Product ID (ePID)221745172
Product Key Features
Number of Pages336 Pages
Publication NameAnd the Weak Suffer What They Must?: Europe, Austerity and the Threat to Global Stability
LanguageEnglish
SubjectEconomics, Government, History
Publication Year2016
TypeStudy Guide
Subject AreaRegional History
AuthorYanis Varoufakis
FormatHardcover
Dimensions
Item Height240 mm
Item Weight585 g
Item Width162 mm
Additional Product Features
Country/Region of ManufactureUnited Kingdom
Title_AuthorYanis Varoufakis
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Most relevant reviews
- 19 Jan, 2021
And the weak suffer what they must
Great bookVerified purchase: YesCondition: Pre-owned
- 10 May, 2016
The EU exposed
This book is a mine of information on the history of Europe and the USA post-World War 2. The author was briefly Greece's finance minister in 2015, when Greece's finances became so bad as to require several bail-outs from the EU. If you persevere with the rather dry subject matter you will be rewarded with a horrifying insight into the machinations of the EU's financial arrangements. I had always suspected that the EU is a self-serving and spiteful organisation - and that is exactly what is confirmed by Varoufakis's excellent book. Reading this book I am now certain to vote for the UK to exit the EU altogether - thank you Yanis for opening my eyes!Verified purchase: YesCondition: New
