And the Weak Suffer What They Must?

Europe, Austerity and the Threat to Global Stability

Author: Yanis Varoufakis

Publisher: Random House

ISBN: 1473545684

Category: Business & Economics

Page: 336

View: 4927

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THE SUNDAY TIMES NUMBER ONE BESTSELLER 'If you ever doubt what is at stake in Europe - read Varoufakis's account' Guardian A spectre is haunting Europe – the spectre of failed capitalism. In this startling account of Europe’s economic rise and catastrophic fall, Yanis Varoufakis pinpoints the flaws in the European Union’s design – a design that was thought up after the Second World War, and is responsible for Europe’s fragmentation and the resurgence of racist extremism across the Continent. When the financial crisis struck in 2008, the political elite’s response ensured that it would be the weakest citizens of the weakest nations that would pay the price for the bankers’ mistakes. Drawing on his personal experience of negotiations with the eurozone’s financiers, and offering concrete policies to reform Europe, Varoufakis shows how we concocted this mess, and points the way out of it. And The Weak Suffer What They Must? reminds us of our history, in order to save European capitalism and democracy from the abyss.
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And the Weak Suffer What They Must?

Europe's Crisis and America's Economic Future

Author: Yanis Varoufakis

Publisher: Nation Books

ISBN: 1568585047

Category: Political Science

Page: 368

View: 311

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"The strong do as they can and the weak suffer what they must." Thucydides The fate of the global economy hangs in the balance, and Europe is doing its utmost to undermine it, to destabilize America, and to spawn new forms of authoritarianism. Europe has dragged the world into hideous morasses twice in the last one hundred years it can do it again. Yanis Varoufakis, the newly elected Finance Minister of Greece, has a front-row seat, and shows the Eurozone to be a house of cards destined to fall without a radical change in direction. And, if the European Union falls apart, he argues, the global economy will not be far behind. Varoufakis shows how, once America abandoned Europe in 1971 from the dollar zone, Europe's leaders decided to create a monetary union of 18 nations without control of their own money, without democratic accountability, and without a government to support the Central Bank. This bizarre economic super-power was equipped with none of the shock absorbers necessary to contain a financial crisis, while its design ensured that, when it came, the crisis would be massive. When disaster hit in 2009, Europe turned against itself, humiliating millions of innocent citizens, driving populations to despair, and buttressing a form of bigotry unseen since the Second World War. In the epic battle for Europe's integrity and soul, the forces of reason and humanism will have to face down the new forms of authoritarianism. Europe's crisis is pregnant with radically regressive forces that have the capacity to cause a humanitarian bloodbath while extinguishing the hope for shared prosperity for generations to come. The principle of the greatest austerity for the European economies suffering the greatest recessions would be quaint if it were not also the harbinger of misanthropy and racism. Here, Varoufakis offers concrete policies that the rest of the world can take part in to intervene and help save Europe from impending catastrophe, and presents the ultimate case against austerity. With passionate, informative, and at times humorous prose, he warns that the implosion of an admittedly crisis-ridden and deeply irrational European capitalism should be avoided at all cost. Europe, he argues, is too important to be left to the Europeans.
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Talking to My Daughter About the Economy

A Brief History of Capitalism

Author: Yanis Varoufakis

Publisher: Random House

ISBN: 1473547814

Category: Business & Economics

Page: 224

View: 7432

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THE SUNDAY TIMES BESTSELLER Yanis Varoufakis, the world-renowned economist and #1 bestselling author, uses personal stories and famous myths to explain what economics is and why it has the power to change our world. Why is there so much inequality? In this intimate and accessible book, world famous economist Yanis Varoufakis sets out to answer his daughter Xenia’s deceptively simple question. Drawing on memories of her childhood and a variety of well-known tales – from Oedipus and Faust to Frankenstein and The Matrix -- Talking To My Daughter About the Economy explains everything you need to know in order to understand why economics is the most important drama of our times. It is a book that helps to make sense of a troubling world while inspiring us to make it a better one.
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Rethinking Economic and Monetary Union in Europe

A Post-Keynesian Alternative

Author: Philip B. Whyman

Publisher: Routledge

ISBN: 1315471876

Category: Business & Economics

Page: 116

View: 801

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In the wake of the Greek crisis, the future of the EU is the subject of a great deal of debate. This book critically evaluates the current new monetarist model of Economic and Monetary Union in Europe, presenting an alternative post-Keynesian (progressive) model, aimed at addressing the current problems of trade imbalance and asymmetric macroeconomic policy infrastructure that are augmenting tensions within the Eurozone. The book’s approach is based upon the development of a common, rather than a single, currency approach, and utilises post-Keynesian policy solutions in order to create a form of EMU which will promote full employment rather than austerity.
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Europe Reset

New Directions for the EU

Author: Richard Youngs

Publisher: Bloomsbury Publishing

ISBN: 178673320X

Category: Political Science

Page: 256

View: 3296

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In the last decade, the EU has been hit by a series of crises, most recently the UK's decision to leave the union following the Brexit referendum. In light of this, questions have been raised about the need to reform the whole model of European integration, with the aim of making the union more flexible and more accountable. In this book, Richard Youngs proposes an alternative vision of European co-operation and shows how the EU must re-invent itself if it is to survive. He argues that citizens should play a greater role in European decision-making, that there should be radically more flexibility in the process of integration and that Europe needs to take a new, more coherent, approach to questions of defence and security. In proposing this model for a `reset' version of Europe, Youngs reinvigorates the debate around the future of Europe and puts forward a new agenda for the future of the EU.
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Talking to My Daughter About the Economy : A Brief History of Capitalism

Author: Yanis Varoufakis

Publisher: Vintage Publishing

ISBN: 1784705756

Category: Capitalism

Page: 224

View: 636

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THE SUNDAY TIMES BESTSELLER`Why is there so much inequality?' Xenia asks her father; the world-famous economist Yanis Varoufakis. Drawing on memories of her childhood and a variety of well-known tales - from Oedipus and Faust to Frankenstein and The Matrix - Varoufakis explains everything you need to know in order to understand why economics is the most important drama of our times.In answering his daughter's deceptively simple questions; Varoufakis disentangles our troubling world with remarkable clarity; while inspiring us to make it a better one.'Utterly accessible; deeply humane and startlingly original - a potent democratic tool at the perfect time' Naomi Klein
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Discourse Analysis and Austerity

Critical Studies from Economics and Linguistics

Author: Kate Power,Tanweer Ali,Eva Lebdušková

Publisher: Routledge

ISBN: 1351802917

Category: Business & Economics

Page: 352

View: 8056

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In the immediate aftermath of the global financial crisis of 2008, governments around the developed world coordinated policy moves to stimulate economic activity and avert a depression. In subsequent years, however, cuts to public expenditure, or austerity, have become the dominant narrative in public debate on economic policy. This unique collaboration between economists and linguists examines manifestations of the discourses of austerity as these have played out in media, policy and academic settings across Europe and the Americas. Adopting a critical perspective, it seeks to elucidate the discursive and argumentation strategies used to consolidate austerity as the dominant economic policy narrative of the twenty-first century.
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Collective Bargaining and Collective Action

Labour Agency and Governance in the 21st Century?

Author: Julia López López

Publisher: Bloomsbury Publishing

ISBN: 1509923187

Category: Law

Page: 312

View: 1851

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This book offers a unique contribution that examines major recent changes in conflict, negotiation and regulation within the labour relations systems and related governance institutions of advanced societies. The broad scope of analysis includes social welfare institutions, new forms of protest including judicialisation, transnational structures and collective bargaining itself. As the distinguished group of participating authors shows, the accumulation of numerous crucial changes in the interactions of unions, employers, political parties, courts, protestors, regulators and other key actors makes it imperative to reframe the study of collective bargaining and related forms of governance. The shifting dynamics include the growing relevance of multi-level interactions involving transnational entities, states and regions; the increasing tendency of workers and unions to turn to the courts as part of their overall strategy; new forms of solidarity among workers; and the emergence of new populist and nationalist actors. At the same time, sectors of the workforce that feel under-represented by existing institutions have contributed to new types of protest and 'agency'. Building on classical debates, the book offers new theoretical and practical approaches that insert the study of collective bargaining into the analysis of governance, solidarity, conflict and regulation, as they are broadly construed.
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Talking to My Daughter

A Brief History of Capitalism

Author: Yanis Varoufakis

Publisher: Random House

ISBN: 147357210X

Category: Business & Economics

Page: 224

View: 3911

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THE SUNDAY TIMES BESTSELLER ‘Why is there so much inequality?’ Xenia asks her father, the world-famous economist Yanis Varoufakis. Drawing on memories of her childhood and a variety of well-known tales – from Oedipus and Faust to Frankenstein and The Matrix – Varoufakis explains everything you need to know in order to understand why economics is the most important drama of our times. In answering his daughter’s deceptively simple questions, Varoufakis disentangles our troubling world with remarkable clarity, while inspiring us to make it a better one. 'Utterly accessible, deeply humane and startlingly original - a potent democratic tool at the perfect time' Naomi Klein
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