The Global Minotaur: America, Europe and the Future of the Global Economy

If you’re still wondering how the Great Recession of 2007-2010 affects today’s global economy and democratic governments, this book provides much needed clarity using the greek myth of the Minotaur, a Cretan beast. Yanis Varoufakis, the former finance Minister of Greece, uses the mythological creature to explain how the unsustainable financialization of the world’s assets was a result of governments' failure to keep the world’s trade imbalances in check. Varoufakis believes we can avoid a depressing economic future by replacing the U.S. surplus eating economy with Global Surplus Recycling Mechanism (GSRM). Read the book to learn what GSRM is and why it matters.

Related posts
Video
Rigged: The Voter Suppression Handbook

This documentary examines how, since 2008, right-wing groups have worked with certain states, to make it harder to vote, particularly for minority groups and young people

Democracy Journey
#4 - Class War and Democracy

Buffet is right. Wealth is concentrated in the hands of a mindbogglingly small fraction of the population and this phenomenon is accelerating

Video
Slay the Dragon: End Gerrymandering or Democracy Dies. We Can Stop It.

A secretive, high-tech gerrymandering initiative launched 10 years ago threatens to undermine our democracy