EAN: 9781568585642

HBR GUIDE AND THE WEAK SUFFER WHAT THEY MUST?...

Greece's charismatic former finance minister and most popular politician  whom Business Insider
calls the most interesting man in the world  gives voice to the anti-austerity movement and
provides a front row seat to the drama that is unfolding in the Eurozone: how the financial
crisis all started  where it's going  and how the fate of Greece is intimately tied to
America's economic future and the stability of the global economy. A titanic battle is being
waged for Europe's integrity and soul  with the forces of reason and humanism losing out to
growing irrationality  authoritarianism  and malice  promoting inequality and austerity. The
whole world has a stake in a victory for rationality  liberty  democracy  and humanism. In
January 2015  Yanis Varoufakis  an economics professor teaching in Austin  Texas  was elected
to the Greek parliament with more votes than any other member of parliament. He was appointed
finance minister and  in the whirlwind five months that followed  everything he had warned
about- the perils of the euro's faulty design  the European Union's shortsighted austerity
policies  financialized crony capitalism  American complicity and rising authoritarianism- was
confirmed as the troika (the European Central Bank  International Monetary Fund  and European
Commission) stonewalled his efforts to resolve Greece's economic crisis. Here  Varoufakis
delivers a fresh look at the history of Europe's crisis and America's central role in it. He
presents the ultimate case against austerity  proposing concrete policies for Europe that are
necessary to address its crisis and avert contagion to America  China  and the rest of the
world. With passionate  informative  and at times humorous prose  he warns that the implosion
of an admittedly crisis-ridden and deeply irrational European monetary union should  and can 
be avoided at all cost.

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