Monday, July 06, 2015

Yanis Varoufakis resigns as Greece votes "NO!": Get 50% off his book "The Global Minotaur"

This is from Zed Books:

Yanis Varoufakis - The Global Minotaur - NOW HALF-PRICE at £4.50

"I shall wear the creditors’ loathing with pride."

As the Greek people make an historic "OXI!" (NO!) vote, the man who lead the negotiations stuns Europe with a shock resignation.

Just hours after the Greek people delivered a devastating blow to the the ideology of austerity by voting NO, Yanis Varoufakis this morning announced on his blog that he would be stepping down as the Greek Finance Minster with immediate effect. "We of the Left know how to act collectively with no care for the privileges of office," Varoufakis wrote. "The superhuman effort to honour the brave people of Greece, and the famous OXI (NO) that they granted to democrats the world over, is just beginning."

The astonishing win, asserting the democratic will of the Greek people over the Troika, stunned many observers, who had, since his election earlier this year, poured doubt on his ability to effectively negotiate for the Greek people. In his
introduction for Varoufakis' book The Global Minotaur, Channel 4 Economics Correspondent Paul Mason writes "Yanis Varoufakis entered the HQ of the European Union alone – both literally and figuratively. He came without advisers, press liaison or bodyguards – and with the Brussels press corps salivating over what seemed like a certain and abject surrender."

That surrender never arrived. Instead, Syriza and the Greek people have, in Varoufakis' words,
"made hope return to Europe" over the last 5 months. What happens next is undecided, but there's no doubt that a defiant Varoufakis has steered Greece on an astonishing course in his brief tenure, and in doing so, made history for the European Left.



Varoufakis' astonishing expose of the causes of the Eurozone crisis

The crisis in the Eurozone isn't down to the banks. It's not down to ineffectual regulation, or financialisation ,or even greed. So argues Varoufakis in his powerful economic history The Global Minotaur: America, Europe and the Future of the Global Economy, out now with a new introduction by Paul Mason.

Instead, the roots of the crisis are in the establishment of a "Global Minotaur" of financial power created in the aftermath of the Great Crash of 1929. That Minotaur is now dying, and in the process is creating an economic system that is unjust, imbalanced and on the edge of total collapse.

Zed Books is pleased to offer 50% off all copies of The Global Minotaur purchased directly from our website. To get your half-price copy, just enter the promo-code YANIS at the checkout. 
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