Global Minotaur

Name: Global Minotaur
Brand: Bloomsbury Publishing
SKU: 9781780320151
Price: 555.55 RON
Availability: InStock

America, the True Origins of the Financial Crisis and the Future of the World Economy

Autor: Yanis Varoufakis

Limbă:

Legare: Copertă tare

Editura: Bloomsbury Publishing

Disponibilitate: În depozitul extern

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In this remarkable and provocative book, Yanis Varoufakis explodes the myth that financialisation, i...

Informații despre carte

Autor

Yanis Varoufakis

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

2011

Pagini

300

EAN

9781780320151

ISBN

1780320159

Enbook ID

04842946

Editura

Bloomsbury Publishing

Greutate

432

Dimensiuni

138 x 223 x 20

Descriere completă

In this remarkable and provocative book, Yanis Varoufakis explodes the myth that financialisation, ineffectual regulation of banks, greed and globalisation were the causes of the global economic crisis. Rather, they are symptoms of a much deeper malaise which can be traced back 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' sent 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.

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Global Minotaur

America, the True Origins of the Financial Crisis and the Future of the World Economy

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Descriere completă

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