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Item Information       Summary     More Content     More by this author     Varoufakis, Yanis, author.     Subjects     Financial crises -- Europe.     Europe -- Economic conditions -- 21st century.     Europe -- Economic integration.     Europe -- Politics and government -- 21st century.     Browse Catalog     by author:      Varoufakis, Yanis, author.       by title:      And the weak suffer ...         MARC Display

And the weak suffer what they must? [electronic resource] : Europe's crisis and America's economic future / Yanis Varoufakis. by Varoufakis, Yanis, author. New York : Nation Books, c2016. Subjects Financial crises -- Europe.   Europe -- Economic conditions -- 21st century.   Europe -- Economic integration.   Europe -- Politics and government -- 21st century. Electronic Resource http://hawaii.lib.overdrive.com/ContentDetails.htm?ID=BF4CDB40-5086-4D27-9690-AD72A835F181 This title is available online; click here to access Electronic Resource http://samples.overdrive.com/?crid=bf4cdb40-5086-4d27-9690-ad72a835f181&.epub-sample.overdrive.com Electronic Resource http://images.contentreserve.com/ImageType-100/1486-1/{BF4CDB40-5086-4D27-9690-AD72A835F181}Img100.jpg ISBN:  9781568585055 (electronic bk.) 1568585055 (electronic bk.) Description:  1 online resource. Requests:  0 Summary:  "'The strong do as they can and the weak suffer what they must.' --Thucydides. The fate of the global economy hangs in the balance, and Europe is doing its utmost to undermine it, to destabilize America, and to spawn new forms of authoritarianism. Europe has dragged the world into hideous morasses twice in the last one hundred years... it can do it again. Yanis Varoufakis, the former Finance Minister of Greece, shows here that the Eurozone is a house of cards destined to fall without a radical change in direction. And, if the European Union falls apart, he argues, the global economy will not be far behind. Once America abandoned Europe in 1971 from the dollar zone, Europe's leaders decided to create a monetary union of 18 nations without control of their own money, without democratic accountability, and without a government to support the Central Bank. This bizarre economic super-power was equipped with none of the shock absorbers necessary to contain a financial crisis, while its design ensured that, when it came, the crisis would be massive. When disaster hit in 2009, Varoufakis argues that Europe turned against itself, humiliating millions of innocent citizens, driving populations to despair, and buttressing a form of bigotry unseen since the Second World War. Here, Varoufakis offers concrete policies that the rest of the world can take part in to intervene and help save Europe from impending catastrophe, and presents the ultimate case against austerity. With passionate, informative, and at times humorous prose, he warns that the implosion of an admittedly crisis-ridden and deeply irrational European capitalism should be avoided at all cost"--   Copy/Holding information No Item Information

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