The Global Minotaur : America, the True Origins of the Financial Crisis and the Future of the World Economy
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.
- Hardback | 264 pages
- 140 x 222 x 22.86mm | 453.59g
- 15 Sep 2011
- ZED BOOKS LTD
- London, United Kingdom
Other books in this series
01 Dec 2011
01 Dec 2014
06 Mar 2014
09 Apr 2013
Table of contents
2. Laboratories of the future
3. The Global Plan
4. The Global Minotaur
5. The Beast's Handmaidens
7. The Handmaidens Strike Back
8. The Minotaur's Global Legacy: The Dimming Sun, the Wounded Tigers, a Flighty Europa and an Anxious Dragon
9. A future without the Minotaur?
'His argument has an ambitious sweep.'
'This trenchant and readable critique sets the eurozone crisis within a much longer context.'
London Evening Standard
'A spirited book.'
'The book is one of those exceedingly rare publications of which one can say they are urgent, timely and absolutely necessary.'
'Yanis Varoufakis is a rare economist: skilled at explaining ideas, happy to join in public debates and able to put his discipline in a broader context.'
Aditya Chakrabortty, Guardian lead economics writer
'Yanis is one of the best, brightest and most innovative economists on the planet.'
Steve Keen, author of Debunking Economics
'Clearly and strongly written, with logical organization building towards simple conclusions, the book is an easy yet rewarding read ... perhaps should become the standard way we think about the nature of our increasingly dysfunctional world economy.'
Joel Campbell, International Affairs
'In the most comprehensive guide to the contemporary economic crisis yet written, Yanis Varoufakis traces out the path from post-war US economic supremacy to the current predicament.'
Gary Dymski, University of California, Riverside
'If you want to know how serious the current crisis is, you should read this book. With much eloquence, Yanis Varoufakis argues that the current financial problems are connected to the emerging fault lines of the international monetary system.'
Shaun Hargreaves-Heap, University of East Anglia
About Yanis Varoufakis