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Item Details
Title:
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THE GLOBAL MINOTAUR
AMERICA, EUROPE AND THE FUTURE OF THE GLOBAL ECONOMY |
By: |
Yanis Varoufakis |
Format: |
Paperback |
List price:
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£8.99 |
We believe that this item is permanently unavailable, and so we cannot source
it.
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ISBN 10: |
1780324502 |
ISBN 13: |
9781780324500 |
Publisher: |
ZED BOOKS LTD |
Pub. date: |
14 February, 2013 |
Edition: |
2nd Revised edition |
Pages: |
264 |
Description: |
In this remarkable and provocative book, Yanis Varoufakis explodes the myth that financialisation, ineffectual regulation of banks, greed and globalisation were the root causes of the global economic crisis. |
Synopsis: |
In this remarkable and provocative book, Yanis Varoufakis explodes the myth that financialisation, ineffectual regulation of banks, greed and globalisation were the root causes of 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. Just as the Athenians maintained a steady flow of tributes to the Cretan beast, so the 'rest of the world' began sending incredible amounts of capital to America and Wall Street. Thus, the Global Minotaur became the 'engine' that pulled the world economy from the early 1980s to 2008. Today's crisis in Europe, the heated debates about austerity versus further fiscal stimuli in the US, the clash between China's authorities and the Obama administration on exchange rates are the inevitable symptoms of the weakening Minotaur; of a global 'system' which is now as unsustainable as it is imbalanced. Going beyond this, Varoufakis lays out the options available to us for reintroducing a modicum of reason into a highly irrational global economic order.An essential account of the socio-economic events and hidden histories that have shaped the world as we now know it. |
Illustrations: |
Illustrations |
Publication: |
UK |
Imprint: |
Zed Books Ltd |
Returns: |
Returnable |
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Ramadan and Eid al-Fitr
A celebratory, inclusive and educational exploration of Ramadan and Eid al-Fitr for both children that celebrate and children who want to understand and appreciate their peers who do.
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