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Item Details
Title: THE GLOBAL MINOTAUR
AMERICA, EUROPE AND THE FUTURE OF THE GLOBAL ECONOMY
By: Yanis Varoufakis
Format: Paperback

List price: £8.99


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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
Some other items by this author:
!!ANIMATE! - ESPAGNOL (PB)
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ADULTS IN THE ROOM (PB)
ADULTS IN THE ROOM (PB)
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AND THE WEAK SUFFER WHAT THEY MUST?
AND THE WEAK SUFFER WHAT THEY MUST?
AND THE WEAK SUFFER WHAT THEY MUST? (HB)
AND THE WEAK SUFFER WHAT THEY MUST? (HB)
AND THE WEAK SUFFER WHAT THEY MUST? (PB)
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ANOTHER NOW
ANOTHER NOW (HB)
ANOTHER NOW (PB)
AUSTERITY (PB)
CONVERSATIONS ENTRE ADULTES
ECONOMIC INDETERMINACY
ECONOMIC INDETERMINACY
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ECONOMIC INDETERMINACY (HB)
ECONOMIC INDETERMINACY (PB)
EL MINOTAURO GLOBAL (PB)
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FOUNDATIONS OF ECONOMICS
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GAME THEORY
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GAME THEORY
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GAME THEORY (PB)
GLOBAL MINOTAUR
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MODERN POLITICAL ECONOMICS
MODERN POLITICAL ECONOMICS
MODERN POLITICAL ECONOMICS
MODERN POLITICAL ECONOMICS
MODERN POLITICAL ECONOMICS
MODERN POLITICAL ECONOMICS (HB)
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MON COURS D'ECONOMIE IDEAL (PB)
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STATES AND FIRMS
TALKING TO MY DAUGHTER ABOUT THE ECONOMY
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TECHNO-FEUDALISM (HB)
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THE GLOBAL MINOTAUR
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