By Yanis Varoufakis
A enormous conflict is being waged for Europe's integrity and soul, with the forces of cause and humanism wasting out to transforming into irrationality, authoritarianism, and malice, selling inequality and austerity. the total 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, was once elected to the Greek parliament with extra votes than the other member of parliament. He was once 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 rules, financialized crony capitalism, American complicity and emerging authoritarianism-was proven because the "troika" (the ecu significant financial institution, foreign financial Fund, and ecu fee) stonewalled his efforts to solve Greece's monetary crisis.
the following, Varoufakis gives you a clean examine the background of Europe's obstacle and America's crucial function in it. He offers the final word case opposed to austerity, providing concrete regulations for Europe which are essential to deal with its hindrance and dodge contagion to the US, China, and the remainder of the area. With passionate, informative, and every now and then funny prose, he warns that the implosion of an admittedly crisis-ridden and deeply irrational ecu financial union may still, and will, be refrained 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