The Global Minotaur

  the global minotaur: The Global Minotaur Yanis Varoufakis, 2011-08-18 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.
  the global minotaur: The Global Minotaur Yanis Varoufakis, 2015-07-05 'The emerging rock-star of Europe's anti-austerity uprising.' Daily Telegraph 'A spirited book.' New Yorker In this remarkable and provocative book, Yanis Varoufakis, former finance minister of Greece, explodes the myth that financialisation, ineffectual regulation of banks, greed and globalisation were the root causes of both the Eurozone crisis and 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. Today's deepening crisis in Europe is just one of the inevitable symptoms of the weakening Minotaur; of a global system which is now as unsustainable as it is imbalanced. Going beyond this, Varoufakis reveals how we might reintroduce a modicum of reason into what has become a perniciously irrational economic order. An essential account of the socio-economic events and hidden histories that have shaped the world as we now know it.
  the global minotaur: Modern Political Economics Yanis Varoufakis, Joseph Halevi, Nicholas Theocarakis, 2012-03-29 Once in a while the world astonishes itself. Anxious incredulity replaces intellectual torpor and a puzzled public strains its antennae in every possible direction, desperately seeking explanations for the causes and nature of what just hit it. 2008 was such a moment. Not only did the financial system collapse, and send the real economy into a tailspin, but it also revealed the great gulf separating economics from a very real capitalism. Modern Political Economics has a single aim: To help readers make sense of how 2008 came about and what the post-2008 world has in store. The book is divided into two parts. The first part delves into every major economic theory, from Aristotle to the present, with a determination to discover clues of what went wrong in 2008. The main finding is that all economic theory is inherently flawed. Any system of ideas whose purpose is to describe capitalism in mathematical or engineering terms leads to inevitable logical inconsistency; an inherent error that stands between us and a decent grasp of capitalist reality. The only scientific truth about capitalism is its radical indeterminacy, a condition which makes it impossible to use science's tools (e.g. calculus and statistics) to second-guess it. The second part casts an attentive eye on the post-war era; on the breeding ground of the Crash of 2008. It distinguishes between two major post-war phases: The Global Plan (1947-1971) and the Global Minotaur (1971-2008). This dynamic new book delves into every major economic theory and maps out meticulously the trajectory that global capitalism followed from post-war almost centrally planned stability, to designed disintegration in the 1970s, to an intentional magnification of unsustainable imbalances in the 1980s and, finally, to the most spectacular privatisation of money in the 1990s and beyond. Modern Political Economics is essential reading for Economics students and anyone seeking a better understanding of the 2008 economic crash.
  the global minotaur: And the Weak Suffer What They Must? Yanis Varoufakis, 2016-04-07 **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 Europe’s economic rise and catastrophic fall, Varoufakis pinpoints the flaws in the European Union’s design – a design thought up after the Second World War, and one responsible for Europe’s fragmentation and resurgence of racist extremism. When the financial crisis struck in 2008, the political elite’s 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 eurozone’s 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 Europe's structural flaws and how to fix them. 'If you ever doubt what is at stake in Europe - read Varoufakis's account' Guardian
  the global minotaur: Another Now Yanis Varoufakis, 2021-09-14 What would a fair and equal society actually look like? The world-renowned economist and bestselling author Yanis Varoufakis presents his radical and subversive answer in a work of speculative fiction that recalls William Morris and William Gibson The year: 2035. At a funeral for Iris, a revolutionary leftist feminist, Yango is approached by Costa, Iris’s closest comrade, who urges him to carry out Iris’s last wish: plough into her secret diaries to tell their story. “But”, Costa insists “leave out anything that might help Big Tech replicate my technologies!” That night Yango delves into Iris’s diaries. In them he discovers a chronicle of how Costa’s revolutionary technologies had unveiled an actually existing, fully democratized, postcapitalist society. Suddenly he understands Costa’s obsession with the hackers trying to steal his secrets. So begins Yanis Varoufakis’s extraordinary novelistic thought-experiment, where the world-famous economist offers an invigorating and deeply moving vision of an alternative reality. Another Now tells the story of Costa, a brilliant but deeply disillusioned, computer engineer, who creates a revolutionary technology that will allow the user a “glimpse of a life beyond their dreams” but will not enslave them. But an accident during one of its trial runs unveils a cosmic wormhole where Costa meets his DNA double, who is living in a 2025 very different than the one Costa is living in. In this parallel 2025 a global hi-tech uprising, begun in the wake of the collapse of 2008, has birthed a post-capitalist world in which work, money, land, digital networks and politics have been truly democratized. Banks have been eliminated, as well as predatory, data-mining digital monopolies; the gig economy is no more; and the young are free to experiment with different careers and to study ”non-lucrative topics, from Sumerian pottery to astrophysics.” Intoxicated, Costa travels to England to tell Iris, his old comrade, and her neighbor, Eva, a recovering banker turned neoliberal economics professor, of the parallel universe he has discovered. Costa eventually leads them back to his workshop in America where Iris and Eva meet their own doubles, and confront hard truths about themselves and the daunting political challenge that the Other Now presents. But, as their obsession with the Other Now deepens, time begins to run out, as the wormhole begins to deteriorate and hackers begin to unleash new attacks on Costa’s technology. The trio have to make a choice: which 2025 do they want to live in? Varoufakis has been claiming for a while that we already live in postcapitalist times. That, since the 2008 crisis, capitalism has been morphing into technofeudalism. Another Now, a riveting work of speculative fiction, shows that there is a realistic, democratic alternative to the technofeudalpostcapitalist dystopia taking shape all around us. It also confronts us with the greatest question: how far are we willing to go to bring it about?
  the global minotaur: Theseus and the Minotaur James Evelyn Ford, 2004-07 World of ancient mythology -- Introduction -- Minos the king -- Crete and Athens at war -- Pasiphae and the bull -- Labyrinth -- Terrible price to pay -- Aegeus's secret past -- Wicked stepmother -- Theseus sails to crete -- Death of the minotaur -- Escape -- Daedalus and Icarus -- Theseus forgets again -- Glossary -- Who's who -- Index.
  the global minotaur: I Am the Minotaur Anthony McGowan, 2024-10 Super-Readable Rollercoasters: Super authors, super accessible, simply super-readable fiction Matthew wants to fit in, but it's hard when you're avoiding the bullies and trying to impress your dream girl, Ari. When Ari's bike is stolen, he tries to make a good impression by getting it back. Will it lead to trouble or will he learn that heroes are found in unlikely places? A gritty, touching story from Carnegie Medal Winner Anthony McGowan.
  the global minotaur: Minotaur Benjamin Tammuz, 2013-05-09 On the day of his forty-first birthday, an Israeli secret agent encounters a beautiful young English woman. He immediately recognizes her as the woman he has been searching for all his life, the one he has loved forever. Though they have never met, he is certain that she is an essential part of his life's destiny. Using all the tricks of his trade and his network of contacts, he takes control of her existence without ever revealing his identity. Alexander Abramov's desperate, dangerous love for a woman half his age consumes everything in its path: time, distance, and rival suitors. Only his own story, of a life conditioned by isolation, distrust, and murder, can explain his devastating manipulation of the woman he professes to love. Four lives are entwined in this intricate story of a solitary man driven from one side of Europe to the other by his obsession. Riveting and full of suspense, as in the best spy-story tradition, Minotaur is also a highly inventive and original literary novel. Tammuz is a skilled writer whose commanding style makes of Alexander Abramov's story a moving allegory of every man's search for love.
  the global minotaur: Europe after the Minotaur Yanis Varoufakis, 2015-01-28 Syriza’s victory in the Greek general election in January 2015 is a truly historic and profound event -- the first government of the radical left in Europe since World War Two. In this short ebook, extracted from the updated edition of The Global Minotaur, Yanis Varoufakis, the new finance minister of Greece and a Syriza MP, outlines his economic and political thinking and how he believes Europe can move beyond cuts and austerity. Varoufakis shows how today’s crisis in Europe is one inevitable symptom of a global ‘system’ which is now as unsustainable as it is imbalanced. With powerful clarity and conviction, he lays out the options available to us for reintroducing reason into a highly irrational global economic order. This is a unique insight into the thinking of a key figure in the Syriza government, who is set to become a hugely influential figure in European politics.
  the global minotaur: The Field of Eurocracy D. Georgakakis, J. Rowell, 2013-12-12 The word Eurocracy has resonance throughout out Europe but in reality we know little about the people who work in and around the EU or how they fit into its large bureaucratic framework. Based on extensive fieldwork, this book addresses this problem by exploring the MEPs, diplomats, civil servants and commissioners that work in and around the EU.
  the global minotaur: Austerity Mark Blyth, 2015 In Austerity: The History of a Dangerous Idea, Mark Blyth, a renowned scholar of political economy, provides a powerful and trenchant account of the shift toward austerity policies by governments throughout the world since 2009. The issue is at the crux about how to emerge from the Great Recession, and will drive the debate for the foreseeable future.
  the global minotaur: The Global Minotaur Yanis Varoufakis, 2011
  the global minotaur: Around the World in 80 Books David Damrosch, 2021-11-16 A transporting and illuminating voyage around the globe, through classic and modern literary works that are in conversation with one another and with the world around them *Featured in the Chicago Tribune's Great 2021 Fall Book Preview * One of Smithsonian Magazine's Ten Best Books About Travel of 2021* Inspired by Jules Verne’s hero Phileas Fogg, David Damrosch, chair of Harvard University’s department of comparative literature and founder of Harvard’s Institute for World Literature, set out to counter a pandemic’s restrictions on travel by exploring eighty exceptional books from around the globe. Following a literary itinerary from London to Venice, Tehran and points beyond, and via authors from Woolf and Dante to Nobel Prize–winners Orhan Pamuk, Wole Soyinka, Mo Yan, and Olga Tokarczuk, he explores how these works have shaped our idea of the world, and the ways in which the world bleeds into literature. To chart the expansive landscape of world literature today, Damrosch explores how writers live in two very different worlds: the world of their personal experience and the world of books that have enabled great writers to give shape and meaning to their lives. In his literary cartography, Damrosch includes compelling contemporary works as well as perennial classics, hard-bitten crime fiction as well as haunting works of fantasy, and the formative tales that introduce us as children to the world we’re entering. Taken together, these eighty titles offer us fresh perspective on enduring problems, from the social consequences of epidemics to the rising inequality that Thomas More designed Utopia to combat, as well as the patriarchal structures within and against which many of these books’ heroines have to struggle—from the work of Murasaki Shikibu a millennium ago to Margaret Atwood today. Around the World in 80 Books is a global invitation to look beyond ourselves and our surroundings, and to see our world and its literature in new ways.
  the global minotaur: The Minotaur Stephen Coonts, 2012-12-20 Jake Grafton is back! After flying A-6 Intruders in Vietnam and, seventeen years later, commanding an air wing aboard a super carrier in the Mediterranean, Jake - now grounded - is assigned to the Pentagon where he is in charge of developing the navy's new top secret stealth attack plane, the A-l2. Faced with political and technical problems at every turn, Jake soon finds himself drawn into the hunt for the Minotaur, a mole hidden in the Pentagon who is giving America's most precious defense secrets to the Russians. The FBI's chief spy-catcher is hot on the Minotaur's trail, or is he? Just who are the traitors in this Byzantine world of technocrats, politicians, and multi-billion dollar defense programs? Four people are dead and a test pilot is near death before Grafton hones in on the shocking identity of the Minotaur - and his even more chilling motive. Combining authentic details of weapons strategies and stealth technology with an all-to-real story of the international trade in military secrets - and featuring the classic flying scenes that are Coonts' trademark - THE MINOTAUR confirms that Stephen Coonts is a modern master of suspense.
  the global minotaur: The Minotaur Bernard Evslin, 1987 Recounts the Greek myth about the monster with the head of a bull and the body of a man, which lived in the Labyrinth in Crete until killed by the hero Theseus.
  the global minotaur: The Price of Civilization Jeffrey D. Sachs, 2011-10-04 For the first time, Jeffrey Sachs, the pre-eminent economist of our times, turns his attention to his homeland, the United States, to reveal the stunning inadequacy of American-style capitalism and to offer a bold and ambitious plan to change it. Jeffrey Sachs has visited more than a hundred countries on five continents, invited to help diagnose and cure seemingly intractable economic problems. Now, in the wake of the worst recession in recent history, Sachs turns his focus on the United States. The complexity of the world economy means that the American form of capitalism, which has been exported around the globe, brought the world to the brink of the precipice--and it will do so again, if measures aren't taken to fix it. This will require not only government action but for US citizens to reach a consensus on their government's role in everyday life and on their basic values--hugely controversial issues in recent years. The scary thing is if they don't, it will affect us all. The good news is that Sachs, in this book, clearly and persuasively leads his readers to an understanding of what the common ground of reform can and should--indeed, must--be.
  the global minotaur: The Legendeer: Shadow Of The Minotaur Alan Gibbons, 2010-12-23 'Real life' or the death defying adventures of the Greek myths, with their heroes and monsters, daring deeds and narrow escapes - which would you choose? For Phoenix it's easy. He hates his new home and the new school where he is bullied. He's embarrassed by his computer geek dad. But when he logs on to The Legendeer, the game his dad is working on, he can be a hero. He is Theseus fighting the terrifying Minotaur, or Perseus battling with snake-haired Medusa. It feels as though he's really there ¿ The Legendeer is more than just a game. Play it if you dare.
  the global minotaur: A-Maze-Ing Minotaur Juliet Rix, 2015-06-01 King Minos keeps a strange and dangerous beast in the maze of narrow corridors beneath his castle, known as the Labyrinth. This is the dreaded Minotaur who, every nine years is fed a horrible meal of seven young men and seven young girls from Athens, sent down to the Labyrinth to their deaths. Once inside the Labyrinth no one is ever able to find their way out… Theseus, prince of Athens, vows to kill the Minotaur, and he willingly sails to Crete with the other young Athenians destined to sate the beast’s horrible hunger. Helped by the king’s daughter, Ariadne, who has fallen in love with him, Theseus enters the Labyrinth, armed with his sword and a ball of golden thread. “Unravel it as you go into the maze and you will be able to find your way out” Ariadne tells the young man. Will Theseus kill the Minotaur? Will he be able to get out of the maze? Follow Theseus on his quest, through the Labyrinth, and see if YOU can spot where the Minotaur is lurking, and if you can follow the thread and help Theseus escape?
  the global minotaur: Songs of the Minotaur Gerhard Steingress, 2002 Providing new analysis, anthropologists, ethnomusicologists, sociologists, and philologists have developed a concept of hybridization that has exceeded the boundaries of their established disciplines. The authors, experts in Argentinian and Italian tango, Algerian rai, Catalonian sardana, Andalusian flamenco and Greek rebetika, focus on transcultural hybridization particularly from an ethnographic perspective. Additional contributors offer important epistemological and methodological interrogations and discuss the macro-structures of the music industry in the global markets.
  the global minotaur: Fallen Glory James Crawford, 2017-03-07 “A narrative that spans seven millennia, five continents and even reaches into cyberspace. . . . I savored each page.” —Henry Petroski, Wall Street Journal In Fallen Glory, James Crawford uncovers the biographies of some of the world’s most fascinating lost and ruined buildings, from the dawn of civilization to the cyber era. The lives of these iconic structures are packed with drama and intrigue, featuring war and religion, politics and art, love and betrayal, catastrophe and hope. They provide the stage for a startling array of characters, including Gilgamesh, the Cretan Minotaur, Agamemnon, Nefertiti, Genghis Khan, Henry VIII, Catherine the Great, Adolf Hitler, and even Bruce Springsteen. The twenty-one structures Crawford focuses on include The Tower of Babel, The Temple of Jerusalem, The Library of Alexandria, The Bastille, Kowloon Walled City, the Berlin Wall, and the Twin Towers of the World Trade Center. Ranging from the deserts of Iraq, the banks of the Nile and the cloud forests of Peru, to the great cities of Jerusalem, Istanbul, Paris, Rome, London and New York, Fallen Glory is a unique guide to a world of vanished architecture. And, by picking through the fragments of our past, it asks what history’s scattered ruins can tell us about our own future. “Witty and memorable . . . moving as well as myth-busting.” —Times Literary Supplement (UK) “[An] elegant, charged book . . . A well-written prize for students of history, archaeology, and urban planning.” —Kirkus Reviews, starred review “Astute, entertaining, and affecting.” —Booklist “A lovely, wise book.” —Alexander McCall Smith, New Statesman (UK) “A cabinet of curiosities, a book of wonders with unexpected excursions and jubilant and haunting marginalia.” —Spectator (UK)
  the global minotaur: Ebony and Ivy Craig Steven Wilder, 2014-09-02 A leading African-American historian of race in America exposes the uncomfortable truths about race, slavery and the American academy, revealing that our leading universities, dependent on human bondage, became breeding grounds for the racist ideas that sustained it.
  the global minotaur: Mines of the Minotaur Julia Golding, 2019-11-07 Connie is a member of the Society for the Protection of Mythical Creatures and the only one who can talk to animals and the mythical creatures she has vowed to protect. But now something dark is calling her, giving her a dangerous power. When her strange behaviour means Connie is rejected by the secret society she runs away and finds solace among the wounded mythical creatures the Society and the world have long since forgotten. But even here she can't block out the dark voice in her head. Who is it and where does it come from? And why does Connie feel so terrified by the power it gives her? Perfect for fans of Fantastic Beasts and Where to Find Them, this is a classic adventure story with a very modern twist!
  the global minotaur: Rational Conflict Yanis Varoufakis, 1991-01-01
  the global minotaur: The Minotaur Takes a Cigarette Break Steven Sherrill, 2004 Five thousand years on and the Minotaur, or M as he is known to his colleagues, is working as a line chef at Grub's Rib in the American Deep South. He has been reduced from a monster with an appetite for human flesh to a broken creature with very human needs.
  the global minotaur: The Welfare Trait Adam Perkins, 2016-01-26 The welfare state has a problem: each generation living under its protection has lower work motivation than the previous one. In order to fix this problem we need to understand its causes, lest the welfare state ends up undermining its own economic and social foundations. In The Welfare Trait, award-winning personality researcher Dr Adam Perkins argues that welfare-induced personality mis-development is a significant part of the problem. In support of his theory, Dr Perkins presents data showing that the welfare state can boost the number of children born into disadvantaged households, and that childhood disadvantage promotes the development of an employment-resistant personality profile, characterised by aggressive, antisocial and rule-breaking tendencies. The book concludes by recommending that policy should be altered so that the welfare state no longer increases the number of children born into disadvantaged households. It suggests that, without this change, the welfare state will erode the nation's work ethic by increasing the proportion of individuals in the population who possess an employment-resistant personality profile, due to exposure to the environmental influence of disadvantage in childhood.
  the global minotaur: Theseus Tony Robinson, Richard Curtis, 2016-08-15 From two acclaimed British comedians, a humorous retelling of the classic tales of Theseus for young readers. After being saved from death as a baby, Theseus went on to be educated by Daedalus and coached by Hercules. He fought the Great Tosser, fell into the clutches of Pine Bender and duffed up his Uncle Laius. He even managed to visit the Underworld. Oh—he killed a minotaur as well. All in the space of this book! Theseus certainly was some hero! Or was he? Theseus: The King Who Killed the Minotaur is the final instalment in a humorous three book series retelling some of the great Greek myths. Other books include Odysseus: The Greatest Hero of Them All and Odysseus: The Journey through Hell.
  the global minotaur: The Poorer Nations Vijay Prashad, 2013-07-30 In The Darker Nations, Vijay Prashad provided an intellectual history of the Third World and told the story of the rise and fall of the Non-Aligned Movement. With The Poorer Nations, Prashad takes up the story where he left it. Since the ’70s, the countries of the Global South have struggled to express themselves politically. Prashad analyzes the failures of neoliberalism, as well as the rise of the BRIC countries, the Group of 12, the World Social Forum, the Latin American revolutionary revival—in short, all the efforts to create alternatives to the neoliberal project advanced militarily by the US and its allies, among whom number the IMF, the World Bank, the WTO, and other economic instruments of the powerful.A true global history, The Poorer Nations is informed by interviews with leading players such as senior UN officials, as well as Prashad’s pioneering research into archives of the Julius Nyerere–led South Commission.
  the global minotaur: Foundations of Economics Yanis Varoufakis, 1998 The book covers all the main economic concepts and addresses in detail three main areas: consumption and choice, production and markets and government and the State.
  the global minotaur: The Greeks Roderick Beaton, 2021-11-02 'Monumental . . . A wonderful book.' Peter Frankopan 'Magisterial . . . remarkable.' Guardian 'Erudite and highly readable . . . An authoritative guide to the countless ways in which Greek words and ideas have shaped the modern world.' Financial Times The Greeks is a story which takes us from the archaeological treasures of the Bronze Age Aegean and myths of gods and heroes, to the politics of the European Union today. It is a story of inventions, such as the alphabet, philosophy and science, but also of reinvention: of cultures which merged and multiplied, and adapted to catastrophic change. It is the epic, revelatory history of the Greek-speaking people and their global impact told as never before.
  the global minotaur: The Island of the Minotaur Sheldon Oberman, 2003 Illustrated by Blair Drawson. This chapter book of Greek myths presents the epic history of the Minoan civilisation. Connecting the great legends of Zeus and Rhea, Theseus, Ariadne and the Minotaur, Icarus and Daedalus, and Jason and Medea with the little known tales of the Bronze Giant, Phaedra and the Ash tree Spirits, this is the perfect introduction for young readers to the fascinating world of Greek mythology. Full-colour illustrations throughout.
  the global minotaur: Greek Myths and Mazes Jan Bajtlik, 2019-09 A fascinating collection of labyrinths and puzzles set in Ancient Greece. Find your way out of a maze on each page in this stunningly intricate book from the creators of Maps.Discover the legendary labyrinths of Ancient Greece, as well as the myths and stories that have captured readers for thousands of years, in this beautifully illustrated collection of puzzles and facts. From an Ancient Greek theatre, to the Trojan horse and the Minotaur, the book is packed full of history and mythology, and will astound readers of all ages.
  the global minotaur: Theseus and the Minotaur Graeme Davis, 2014-11-20 Even before Theseus descended into the labyrinth to face the Minotaur, he was already a famous hero and a veteran of many battles. The son of a man, a woman, and the god Poseidon, he'd journey far across Ancient Greece, fighting numerous monsters including the Periphetes 'the clubber', the Crymmyon Sow, and the insane demigod, Procrustes 'the stretcher'. He also survived several assassination attempts, including one by Medea, the famous witch-wife of Jason. Despite these adventures, it was on Crete that Theseus faced his greatest challenge. Taking the place of a sacrificial tribute to the king of Crete, Theseus used his wits and charm to convince the princess Ariadne and the famous inventor Daedalus to help him defeat the dreaded Minotaur, a hideous combination of man and bull that lived in a labrythine dungeon. In this book, Graeme Davis draws upon the classic sources to retell the great myths and legends of Theseus, the founder-king of Athens, and backs this narrative with a factual examination of the myth, its variations, and its development over time. Replete with both classical and modern illustrations, this book is a concise exploration of one of the most enduring myths of Ancient Greece.
  the global minotaur: The European Crisis Victor Beker, Beniamino Moro, 2016-09-01 After the 2008 financial meltdown, the American crisis soon infected the European financial system, becoming both a sovereign debt crisis and a banking debacle in many peripheral Euro area countries. The European crisis spread quickly among closely integrated economies and the implementation of austerity policies reinforced a spiral of economic contractions and provoked a rising political rebellion. This World Economics Association book, edited by Victor Baker and Beniamino Moro, was written to address monetary, financial and debt issues, alongside the questions of social stabilization, strategies for structural reform and economic growth that may be re-considered to frame new economic perspectives for Europe. The call for reflection is persuasively made by the contributors: Jacques Sapir; Gerson Lima; Carmelo Ferlito; Merijn Knibbe; Enrico Marelli and Marcello Signorelli; Tom Vleeschhouwer and Tara Koning; Cristiano Boaventura Duarte and AndrE de Melo Modenesi; Dimitri B. Papadimitriou, Michalis Nukiforos and Gennaro Zezza. The World Economics Association's on-line forums are an important step toward the goal of open exchange on policy questions among economists of diverse views world-wide. I congratulate Victor Beker and Beniamin Moro, who here bring together a set of important papers on the European question. James K. Galbraith, The University of Texas at Austin The huge debates on the future of the European Union as well as the management of the Euro are among the hottest issues in both contemporary politics and finance. The papers in this volume offer a broad survey of the terrain and a broad menu of possible solutions. The authors and the World Economics Association have provided a major public service with this text of great interest for both the general public and for policymakers. Carlos Marichal, El Colegio de MExico The European Union is suffering from many crises - and many self-inflicted through the structures of the Eurozone. This book is to be highly welcomed for debating the causes of those crises and seeking ways forward. The chapters here offer two contrasting routes away from the crisis of the Eurozone: radical reforms of the economic governance of EMU with creation of a viable monetary union, a sensible fiscal policy and building convergence or the orderly dismantaling of the euro and arrangements to co-ordinate currencies. These authors have set out agendas - when will the policy makers join the debates? Malcolm Sawyer, University of Leeds, UK
  the global minotaur: Talking to My Daughter Yanis Varoufakis, 2019-02-28 'Why is there so much inequality?' Xenia asks her father, the world famous economist Yanis Varoufakis. Drawing on memories of her childhood and a variety of well-known tales - from Oedipus and Faust to Frankenstein and The Matrix - Varoufakis explains everything you need to know in order to understand why economics is the most important drama of our times. In answering his daughter's deceptively simple questions, Varoufakis disentangles our troubling world with remarkable clarity, while inspiring us to make it a better one.
  the global minotaur: How Numbers Rule the World Lorenzo Fioramonti, 2014 In this eye-opening book, Lorenzo Fioramonti provides a much-needed critique of the current 'data fever', showing both the direct consequences and indirect implications of the increasing power of numbers. At the same time, it investigates innovative attempts to resist the invasion of mainstream statistics by providing alternative measurements or rejecting quantification altogether. An innovative and timely exposé of the politics, power and contestation of numbers in everyday life.
  the global minotaur: Critical Cartography of Art and Visuality in the Global Age Anna Maria Guasch Ferrer, Nasheli Jimenez Val, 2014-10-17 Critical Cartography of Art and Visuality in the Global Age poses fundamental questions and pinpoints topical discussions central to the field of contemporary art studies in the global age. Resulting from a series of conversations that took place at the international conference Critical Cartography of Art and Visuality in the Global Age (Barcelona 2013), the volume brings together current debates in cultural and identity-based art histories as a means of expanding the territory of contempor...
  the global minotaur: The Year of Dreaming Dangerously Slavoj Zizek, 2012-10-09 Call it the year of dreaming dangerously: 2011 caught the world off guard with a series of shattering events. While protesters in New York, Cairo, London, and Athens took to the streets in pursuit of emancipation, obscure destructive fantasies inspired the world’s racist populists in places as far apart as Hungary and Arizona, achieving a horrific consummation in the actions of mass murderer Anders Breivik. The subterranean work of dissatisfaction continues. Rage is building, and a new wave of revolts and disturbances will follow. Why? Because the events of 2011 augur a new political reality. These are limited, distorted—sometimes even perverted—fragments of a utopian future lying dormant in the present
  the global minotaur: Classicising Crisis Barbara Goff, Michael Simpson, 2020-07-29 Geopolitical shifts and economic shocks, from the Early Modern period to the 21st century, are frequently represented in terms of classical antecedents. In this book, an international team of contributors - working across the disciplines of Classics, History, Politics, and English - addresses a range of revolutionary transformations, in England, America, France, Haiti, Greece, Italy, Russia, Germany, and a recently globalised world, all of which were accorded the classical treatment. The chapters investigate discrete cases of classicising crisis, while the Introduction highlights patterns among them. The book asks: are classical equations a prized ideal, when evidence warrants, or linkages forced by an implacable will to power, or good faith attempts to make sense of events otherwise bafflingly unfamiliar and dangerous? Finally, do the events thus classicised retain, even increase, their power to disturb and energise, or are they ultimately contained? Classicising Crisis: The Modern Age of Revolutions and the Greco-Roman Repertoire is essential reading for students and scholars of classics, classical reception, and political thought in Europe and the Americas.
  the global minotaur: Modern Political Economics Yanis Varoufakis, Joseph Halevi, Nicholas Theocarakis, 2012-03-29 Once in a while the world astonishes itself. Anxious incredulity replaces intellectual torpor and a puzzled public strains its antennae in every possible direction, desperately seeking explanations for the causes and nature of what just hit it. 2008 was such a moment. Not only did the financial system collapse, and send the real economy into a tailspin, but it also revealed the great gulf separating economics from a very real capitalism. Modern Political Economics has a single aim: To help readers make sense of how 2008 came about and what the post-2008 world has in store. The book is divided into two parts. The first part delves into every major economic theory, from Aristotle to the present, with a determination to discover clues of what went wrong in 2008. The main finding is that all economic theory is inherently flawed. Any system of ideas whose purpose is to describe capitalism in mathematical or engineering terms leads to inevitable logical inconsistency; an inherent error that stands between us and a decent grasp of capitalist reality. The only scientific truth about capitalism is its radical indeterminacy, a condition which makes it impossible to use science's tools (e.g. calculus and statistics) to second-guess it. The second part casts an attentive eye on the post-war era; on the breeding ground of the Crash of 2008. It distinguishes between two major post-war phases: The Global Plan (1947-1971) and the Global Minotaur (1971-2008). This dynamic new book delves into every major economic theory and maps out meticulously the trajectory that global capitalism followed from post-war almost centrally planned stability, to designed disintegration in the 1970s, to an intentional magnification of unsustainable imbalances in the 1980s and, finally, to the most spectacular privatisation of money in the 1990s and beyond. Modern Political Economics is essential reading for Economics students and anyone seeking a better understanding of the 2008 economic crash.
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