The global minotaur, America, Europe, and the future of the global economy, Yanis Varoufakis
Type
Label
The global minotaur, America, Europe, and the future of the global economy, Yanis Varoufakis
Language
eng
Bibliography note
Includes bibliographical references (pages 257-271) and index
Index
index present
Literary Form
non fiction
Main title
The global minotaur
Nature of contents
bibliography
Oclc number
810117720
Responsibility statement
Yanis Varoufakis
Series statement
Economic controversies
Sub title
America, Europe, and the future of the global economy
Summary
"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"--provided by publisher
Classification
Creator
Genre
Subject
- Global Financial Crisis (2008-2009)
- Finanzkrise
- Wirtschaftskrise
- Welt
- International finance + History -- 21st century
- International finance
- Europe
- History
- Economic policy
- Economie internationale
- Balance of trade -- United States
- Politique monétaire
- Global Financial Crisis, 2008-2009
- Balance of trade
- United States -- Economic policy
- 1900-2099
- United States -- Foreign economic relations
- Economic forecasting
- Marché financier international
- Crise financière
- International economic relations
- Politique économique
- United States
- Etats-Unis d'Amérique
- Finances internationales
- International finance + History -- 20th century
Content
Is Part Of
Mapped to
Incoming Resources
- Has instance1
Outgoing Resources
- Classification1
- Creator1
- Genre1
- Subject26
- Global Financial Crisis (2008-2009)
- Finanzkrise
- Wirtschaftskrise
- Welt
- International finance + History -- 21st century
- International finance
- Europe
- History
- Economic policy
- Economie internationale
- Balance of trade -- United States
- Politique monétaire
- Global Financial Crisis, 2008-2009
- Balance of trade
- United States -- Economic policy
- 1900-2099
- United States -- Foreign economic relations
- Economic forecasting
- Marché financier international
- Crise financière
- International economic relations
- Politique économique
- United States
- Etats-Unis d'Amérique
- Finances internationales
- International finance + History -- 20th century
- Content1
- Is Part Of1
- Mapped to1