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The Global Minotaur
In this remarkable and provocative book, Greek Finance Minister Yanis Varoufakis 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.
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?
In this remarkable and provocative book, Greek Finance Minister Yanis Varoufakis 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.
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?