Crisis in the Eurozone

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Conditions
Cover of the book Crisis in the Eurozone by Costas Lapavitsas, Verso Books
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Costas Lapavitsas ISBN: 9781781680414
Publisher: Verso Books Publication: September 11, 2012
Imprint: Verso Language: English
Author: Costas Lapavitsas
ISBN: 9781781680414
Publisher: Verso Books
Publication: September 11, 2012
Imprint: Verso
Language: English

First, there was the credit crunch, and governments around the world stepped in to bail out the banks. The sequel to that debacle is the sovereign debt crisis, which has hit the eurozone hard. The hour has come to pay the piper, and ordinary citizens across Europe are growing to realize that socialism for the wealthy means punching a few new holes in their already-tightened belts.

Building on his work as a leading member of the renowned Research on Money and Finance group, Costas Lapavitsas argues that European austerity is counterproductive. Cutbacks in public spending will mean a longer, deeper recession, worsen the burden of debt, further imperil banks, and may soon spell the end of monetary union itself.

Crisis in the Eurozone charts a cautious path between political economy and radical economics to envisage a restructuring reliant on the forces of organized labour and civil society. The clear-headed rationalism at the heart of this book conveys a controversial message, unwelcome in many quarters but soon to be echoed across the continent: impoverished states have to quit the euro and cut their losses or worse hardship will ensue.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

First, there was the credit crunch, and governments around the world stepped in to bail out the banks. The sequel to that debacle is the sovereign debt crisis, which has hit the eurozone hard. The hour has come to pay the piper, and ordinary citizens across Europe are growing to realize that socialism for the wealthy means punching a few new holes in their already-tightened belts.

Building on his work as a leading member of the renowned Research on Money and Finance group, Costas Lapavitsas argues that European austerity is counterproductive. Cutbacks in public spending will mean a longer, deeper recession, worsen the burden of debt, further imperil banks, and may soon spell the end of monetary union itself.

Crisis in the Eurozone charts a cautious path between political economy and radical economics to envisage a restructuring reliant on the forces of organized labour and civil society. The clear-headed rationalism at the heart of this book conveys a controversial message, unwelcome in many quarters but soon to be echoed across the continent: impoverished states have to quit the euro and cut their losses or worse hardship will ensue.

More books from Verso Books

Cover of the book A Short History of Cahiers du Cinema by Costas Lapavitsas
Cover of the book The View From The Train by Costas Lapavitsas
Cover of the book The H-Word by Costas Lapavitsas
Cover of the book Concept and Form, Volume 1 by Costas Lapavitsas
Cover of the book The Legacy of Rosa Luxemburg by Costas Lapavitsas
Cover of the book Mapping Ideology by Costas Lapavitsas
Cover of the book Utopia by Costas Lapavitsas
Cover of the book Inventing the Future by Costas Lapavitsas
Cover of the book Trampling Out the Vintage by Costas Lapavitsas
Cover of the book The Exform by Costas Lapavitsas
Cover of the book New Dark Age by Costas Lapavitsas
Cover of the book The Fiery Brook by Costas Lapavitsas
Cover of the book The Passion of Bradley Manning by Costas Lapavitsas
Cover of the book Carbon Democracy by Costas Lapavitsas
Cover of the book The Antinomies of Antonio Gramsci by Costas Lapavitsas
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy