THE SUNDAY TIMES NUMBER 1 BESTSELLER. WITH A NEW FOREWORD BY THE AUTHOR.
'An account of how the forces of capital have prevailed over the common good... Visionary' - The Times
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.
'His words about the European crisis speak universal truths about democracy, capitalism and social policy' - Guardian
'A devastating account' - Andrew Marr
'The emerging rock star of Europe's anti-austerity uprising' - Daily Telegraph
'Important... Outlining a perspective on global economics... Deeply instructive' - Financial Times
AUTHOR: Yanis Varoufakis is the former finance minister of Greece and the author of several international bestselling books. And the Weak Suffer What They Must?: Europe, Austerity and the Threat to Global Stability reveals the underlying problems that led to the Eurozone crisis and its ongoing catastrophic mishandling. Adults In the Room: My Battle with Europe's Deep Establishment is an explosive memoir that reveals what goes on behind the scenes in Europe's corridors of power. Talking To My Daughter About the Economy: A Brief History of Capitalism (forthcoming) explains through vivid stories and easily graspable concepts what economics actually is and why it is so dangerous in the form of a letter to his teenage daughter. Born in Athens in 1961, Yanis Varoufakis was for many years a professor of economics in Britain, Australia and the USA before he entered government and is currently Professor of Economics at the University of Athens. Since resigning from Greece's finance ministry he has co-founded an international grassroots movement, DiEM25, campaigning for the revival of democracy in Europe and speaks to audiences of thousands worldwide. yanisvaroufakis.eu / @yanisvaroufakis