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And the Weak Suffer What They Must?: Europe, Austerity and the Threat to Global Stability [9781784704117]

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'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
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Yanis Varoufakis
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  • 4
    Odd title, fascinating insight

    Posted by Robby G on 23rd Apr 2017

    Yanis Varoufakis is probably not a name that sounds familiar. In 2015 he was Greece’s Finance Minister - but was only in the position a short time after resigning over the strict terms of the austerity measures imposed by the eurozone. It’s very easy to think of the european politics and feel your eyes start drooping, and this is more than a rage at those in charge of the purse strings. As well as a fascinating look at the present, Yanis also delves deep into the history of the main countries’ economies so you can understand his viewpoint. Above all, it’s a remarkably easy read - especially considering that English is not Yaris’s first language!

    It doesn’t get five stars as, towards the end, it did go into a lot of detail. But I’m definitely looking forward to his other books: Adults in the Room and a basic guide to finance.

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