This is a superbly written account of the struggle to alleviate the austerity imposed upon the Greek people by the eurozone. Greece, argues Varoufakis, has been put in a debtors’ prison and robbed of autonomy and dignity for the indefinite future. Critics would argue that he failed as finance minister in 2015 because he was insufficiently politic. More plausibly, he could never have succeeded, such were the vested interests arrayed against him. This outcome was — and is — a tragedy, because he was — and is — right. The bulk of Greek debt should indeed be cancelled outright. Read and weep. Adults in the Room: My Battle with Europe’s Deep Establishment, by Yanis Varoufakis, Bodley Head, RRP£20 Martin Wolf,
Topics:
Yanis Varoufakis considers the following as important: Adults in the Room, English, Finance Minister, Greece, Greek crisis, Review
This could be interesting, too:
Stavros Mavroudeas writes Chinese translation of THE GREEK CAPITALISM IN CRISIS – MARXIST ANALYSES
Stavros Mavroudeas writes The Greek Saga – S.Mavroudeas, New York University, 24/3/2023 video
Stavros Mavroudeas writes The Greek Saga: Competing Explanations of the Greek Crisis – S.Mavroudeas, New York University, 24/3/2023
Matias Vernengo writes Merkel, Scholz, the German Social Democrats and the Meaning of the Left
This is a superbly written account of the struggle to alleviate the austerity imposed upon the Greek people by the eurozone. Greece, argues Varoufakis, has been put in a debtors’ prison and robbed of autonomy and dignity for the indefinite future. Critics would argue that he failed as finance minister in 2015 because he was insufficiently politic. More plausibly, he could never have succeeded, such were the vested interests arrayed against him. This outcome was — and is — a tragedy, because he was — and is — right. The bulk of Greek debt should indeed be cancelled outright. Read and weep.
Adults in the Room: My Battle with Europe’s Deep Establishment, by Yanis Varoufakis, Bodley Head, RRP£20
Martin Wolf, Chief Economic Commentator, The Financial Times
For Martin’s other book choices, click here.