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The Global Minotaur: America, Europe and the Future of the World Economy

by Yanis Varoufakis
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Book cover type: Paperback
  • ISBN13: 9781350477476
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Bloomsbury Academic
  • Publisher Imprint: Bloomsbury Academic
  • Publication Date:
  • Pages: 304
  • Original Price: USD 19.95
  • Language: English
  • Edition: N/A
  • Item Weight: 331 grams
  • BISAC Subject(s): International / Economics & Trade

'The emerging rock-star of Europe's anti-austerity uprising.'
Daily Telegraph

'A spirited book.'
New Yorker

In this remarkable and provocative book, Yanis Varoufakis, former finance minister of Greece, 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.

Mason, Paul: - Paul Mason is a British commentator and radio personality. He was Culture and Digital Editor of Channel 4 News, becoming the programme's Economics Editor on 1 June 2014, a post he formerly held on BBC Two's Newsnight programme. He is the author of several books, and a Visiting Professor at the University of Wolverhampton, UK.

Varoufakis, Yanis: - Yanis Varoufakis is the former finance minister of Greece and the co-founder of an international grassroots movement, DiEM25, campaigning for the revival of democracy in Europe. He is the author of And the Weak Suffer What They Must? and The Global Minotaur. After many years teaching in the United States, Britain, and Australia, he is currently professor of economics at the University of Athens.

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