A #1 Sunday Moments bestseller [UK]

A titanic battle has been waged for Europe’s integrity and soul, with the forces of reason and humanism losing away to developing irrationality, authoritarianism, and malice, promoting inequality and austerity. The whole world includes a stake within a victory for rationality, liberty, democracy, and humanism.

In January 2015, Yanis Varoufakis, an economics professor teaching in Austin, Tx, was elected to the Greek parliament with more votes than every other person in about And the Weak Suffer What They Must?: Europe’s Problems and America’s Economic Potential parliament. He was appointed financing minister and, in the whirlwind five months that implemented, everything he previously warned about-the perils of the euro’s faulty style, the Western Union’s shortsighted austerity guidelines, financialized crony capitalism, American complicity and increasing authoritarianism-was confirmed as the ‘troika’ (the European Central Bank, International Monetary Account, and European Commission rate) stonewalled his efforts to solve Greece’s economic crisis.

Here, Varoufakis delivers a brand new go through the history of Europe’s turmoil and America’s central part in it. He presents the best case against austerity, proposing concrete policies for European countries that are necessary to handle its turmoil and avert contagion to America, China, and all of those other globe. With passionate, helpful, and sometimes humorous prose, he warns the implosion of an admittedly crisis-ridden and deeply irrational European monetary union should, and can, be avoided by any means.