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Lädt ... And the Weak Suffer What They Must?: Europe, Austerity and the Threat to Global Stabilityvon Yanis Varoufakis
Books Read in 2017 (3,936) Lädt ...
Melde dich bei LibraryThing an um herauszufinden, ob du dieses Buch mögen würdest. Keine aktuelle Diskussion zu diesem Buch. Infuriating, riveting, full of panache and charged with righteous anger, the chronicle in this book — of the creation of the Bretton Woods global financial system, the Nixon Shock that smashed it, and the creation of the euro and its eventual crises — had me on the edge of my seat. I felt transported into Varoufakis’s head, seeing things from his eyes, with metaphors, allegories, personal anecdotes, historical narratives, sassy asides that all painted a dark, detailed picture of the massive clusterf*** that is Europe. Germany and France deluded themselves, with differing motives, into a monetary union that nips in the bud any chance of a balanced recovery from downturns. I was and am enthralled by theories like the Great Minotaur (the American deficit as the dark secret eating away at global economic harmony) and the Surplus Recycling Mechanism (lacking in the Eurozone right now, since Germany's surpluses are not recycled to deficit countries). From the very beginning, Varoufakis grounds the reader in his values of democracy and fairness that continue to propel his arguments forward and inflame his accusations against the creators of today’s European institutions and their leaders today. A great, enraging manifesto. ( ) Varoufakis has produced a readable and provocative history of the EU and the Euro. His view is very critical of the Euro, understandably based upon his experience as Greece's Finance Minister, but includes some practical suggestions on how to improve things. The book should also be praised for its excellent and very worthwhile footnotes. How to have your cake and eat it too, rent it out, sell it, take loan against it, ask for seconds, complain about the quality of the cake and tell the pastry chef he's fat. This is a passionate and wholly one sided rant, full of cheap shots and bizarre autobiographical snippets. It's still a worthwhile read (maybe because of that) though I wish it offered some candour and insight into the Greek part of the collapse as well. keine Rezensionen | Rezension hinzufügen
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""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"-- Keine Bibliotheksbeschreibungen gefunden. |
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Google Books — Lädt ... GenresMelvil Decimal System (DDC)330.94Social sciences Economics Economics Economic geography and history EuropeKlassifikation der Library of Congress [LCC] (USA)BewertungDurchschnitt:
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