A spectre is haunting Europe - the spectre of failed capitalism. In this startling account of Europe's economic rise and catastrophic fall, Yanis Varoufakis pinpoints the flaws in the European Union's design - a design that was thought up after the Second World War, and is responsible for Europe's fragmentation and the resurgence of racist extremism across the Continent.
When the financial crisis struck in 2008, the political elite's response ensured that it would be the weakest citizens of the weakest nations that would pay 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, Varoufakis shows how we concocted this mess, and points the way out of it. And The Weak Suffer What They Must? reminds us of our history, in order to save European capitalism and democracy from the abyss.
Yanis Varoufakis es economista, profesor universitario y autor de varios tratados sobre economía y cuestiones sociales, entre ellos el aclamado ensayo sobre el futuro de la economía mundial El minotauro global.En enero de 2015, tras las elecciones parlamentarias griegas en las que Syriza tomó el poder, fue nombrado Ministro de Economía de Grecias y, como tal, encargado de entablar conversaciones con la Troika económica europea sobre la delicada situación del país heleno, lo que lo catapultó a la primer línea de interés mediático.