And the Weak Suffer What They Must?: Europe, Austerity and the Threat to Global Stability

A spectre is haunting Europe – the spectre of failed capitalism. In this account of Europes economic rise and catastrophic fall, the author pinpoints the flaws in the European Unions design – a design that was thought up after the Second World War, and is responsible for Europes fragmentation and the resurgence of racist extremism. THE SUNDAY TIMES NUMBER ONE BESTSELLER The most recognisable economist on the planet, Yanis Varoufakis, puts forth his case to reform an EU that currently fails it weakest citizens. In this startling account of Europes economic rise and catastrophic fall, Varoufakis pinpoints the flaws in the European Unions design – a design thought up after the Second World War, and one responsible for Europes fragmentation and resurgence of racist extremism. When the financial crisis struck in 2008, the political elites response ensured it would be the weakest citizens of the weakest nations that paid the price for the bankers mistakes. Drawing on his personal experience of negotiations with the eurozones financiers, and offering concrete policies to reform Europe, the former finance minister of Greece shows how we concocted this mess and points our way out of it. And The Weak Suffer What They Must? highlights our history to tell us what we must do to save European capitalism and democracy from the abyss. With the future of Europe under intense scrutiny after Brexit, this is the must-read book to explain Europes structural flaws and how to fix them. If you ever doubt what is at stake in Europe – read Varoufakiss account Guardian