• And the Weak Suffer What They Must?

  • Europe, Austerity and the Threat to Global Stability
  • By: Yanis Varoufakis
  • Narrated by: Leighton Pugh, Yanis Varoufakis
  • Length: 10 hrs and 20 mins
  • Unabridged Audiobook
  • Release date: 04-07-16
  • Language: English
  • Publisher: Random House AudioBooks
  • 5 out of 5 stars 4.9 (32 ratings)

Regular price: $23.44

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Publisher's Summary

In 2008, the universe of Western finance outgrew planet Earth. When Wall Street imploded, a death embrace between insolvent banks and bankrupt states consumed Europe. Half a dozen national economies imploded, and several more came close. But the storm is far from over....
From the aftermath of the Second World War to the present, Varoufakis recounts how the eurozone emerged not as a route to shared prosperity but as a pyramid scheme of debt with countries such as Greece, Ireland, Portugal and Spain at its bottom. Its woeful design ensured that collapse would be inevitable and catastrophic.
But since the hurricane landed, Europe's leaders have chosen a cocktail of more debt and harsh austerity rather than reform, ensuring that the weakest citizens of the weakest nations pay the price for the bankers' mistakes while doing nothing to prevent the next collapse. Instead, the principle of the greatest austerity for those suffering the greatest recessions has led to a resurgence of racist extremism. Once more Europe is a potent threat to global stability.
Drawing on the personal experience of his own negotiations with the eurozone's financiers and offering concrete policies and alternatives, Varoufakis shows how we concocted this mess and how we can get out of it. And the Weak Suffer What They Must? reminds us of our history in order to save European capitalism from itself.
©2016 Yanis Varoufakis (P)2016 Random House AudioBooks
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Customer Reviews

Most Helpful
5 out of 5 stars
By A Customer on 01-17-18

Eye opener and hard hitting account of the crisis

Loved it. Eye opener and hard hitting account of the euro zone crisis. A must read.

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1 of 1 people found this review helpful

5 out of 5 stars
By Alex Noble on 08-01-16

Wonderful book and super important

After the the 2008 crash and ensuing Euro crisis so much has been extolled by the media and politicians that it has been hard to know where to start at looking at what has happened and why it has happened. Yanis dissects the problem simply and concisely, explaining in simple terms a very complicated problem. He gets to the heart of the issue of the disintegration of democracy in Europe, pointing out the key players without dictating a personal bias. He also gives an alternative view to the status quo. So overall I feel this is important book for anyone interested in politics or economics of the current era. I look forward to reading his other book The Global Minotaur and hope to see more of his work in the future.

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1 of 1 people found this review helpful

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Customer Reviews

Most Helpful
5 out of 5 stars
By Amazon Customer on 05-16-16

This book should be read or heard by everyone.

Why it all went wrong and why we the ordinary people of Europe are suffering is brilliantly explained in clear and beautiful prose.

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23 of 23 people found this review helpful

5 out of 5 stars
By Stuart on 01-23-17

Think You Know How the EU Works?

A very vivid history lesson of the formation of modern Europe. Yanis gives a frank account, and we share in his frustrations as he lifts the lid on a fettered monetary system.

Yanis refrains from attacking Brussels outright, preferring a route of factual enquiry, which is a refreshing change from the scores of other doomsayers in this subject.

Leighton reads this splendidly! Even going to the trouble of inflecting the regional accents, when reading quotes.

An excellent purchase, and one which I look forward to listening to again!

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10 of 10 people found this review helpful

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Customer Reviews

Most Helpful
5 out of 5 stars
By pk on 01-03-17

This is one of must read books

This is one of must read book in or see to better understand the what is going on in the EU. Well written an eyes opening book.

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3 out of 5 stars
By Eosaphrodite on 08-17-16

Good introduction for layperson

I found this mostly easy to follow and good to listen to. The take home message and arguments were easy to pick out. Only complaint is that the the author uses a lot of flowery language and metaphors. While these definitely help make a seemingly dry but important topic more accessible, so many are used with such frequency that sometimes I lost track of what the different metaphors referred back to and in an audiobook it is less easy to flip back through to refresh my memory. Narrator does a good job but sometimes accents of various world leaders seemed exaggerated/unnecessary.

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