By Yanis Varoufakis
A big conflict is being waged for Europe's integrity and soul, with the forces of cause and humanism wasting out to turning out to be irrationality, authoritarianism, and malice, selling inequality and austerity. the complete global has a stake in a victory for rationality, liberty, democracy, and humanism.
In January 2015, Yanis Varoufakis, an economics professor instructing in Austin, Texas, used to be elected to the Greek parliament with extra votes than the other member of parliament. He used to be appointed finance minister and, within the whirlwind 5 months that undefined, every little thing he had warned about-the perils of the euro's defective layout, the eu Union's shortsighted austerity guidelines, financialized crony capitalism, American complicity and emerging authoritarianism-was proven because the "troika" (the eu critical financial institution, foreign financial Fund, and eu fee) stonewalled his efforts to solve Greece's financial crisis.
the following, Varoufakis provides a clean examine the historical past of Europe's drawback and America's valuable position in it. He offers the last word case opposed to austerity, providing concrete rules for Europe which are essential to deal with its situation and keep away from contagion to the US, China, and the remainder of the realm. With passionate, informative, and from time to time funny prose, he warns that the implosion of an admittedly crisis-ridden and deeply irrational eu financial union should still, and will, be kept away from in any respect cost.
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And the Weak Suffer What They Must?: Europe's Crisis and America's Economic Future by Yanis Varoufakis