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And the Weak Suffer What They Must?
- Europe, Austerity and the Threat to Global Stability
- Narrated by: Leighton Pugh, Yanis Varoufakis
- Length: 10 hrs and 20 mins
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And the Weak Suffer What They Must?
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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.
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What listeners say about And the Weak Suffer What They Must?
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Amazon Customer
- 26-06-16
Insightful stimulating and very profound
This is the second book about economics I have listened to. Listening to this it is very clear that the technocratic EU are so out of sync with global macro economics it's no wonder citizens don't think it's really working. While I don't think that Yanis has all the answers, (no one does!!) it is worth considering his insights into the way the EU has responded to the global financial crisis.
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2 people found this helpful
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Overall5 out of 5 stars
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Performance5 out of 5 stars
- Dhyano
- 19-04-17
"...Don't let the serpents breed... Read...
Don't let the serpents breed... Read... Don't let them feed your mind with fear.
Find out how EU might not be there, after all, to finalise the so called brexit deal.
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1 person found this helpful
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Overall5 out of 5 stars
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Performance4 out of 5 stars
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Story5 out of 5 stars
- John Smith
- 05-09-20
Yanis - what a man.
Brilliant. Informative. Changed my view of the EU. Hells bells, was Nigel Farage right?
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1 person found this helpful
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Overall4 out of 5 stars
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Performance5 out of 5 stars
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Story4 out of 5 stars
- David
- 11-05-16
The inhuman and undemocratic Euro
A good historic account of the birth of the Euro and an analysis of the unfortunate effects of the rules applied to the countries using it. I would have liked more details on how the author wants to reform the rules.
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10 people found this helpful
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- chrisWL
- 09-09-19
Brilliant
An enlightening, stimulating and disturbing analysis of the development of Europe since WW2 and up to just before Brexit.
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Overall4 out of 5 stars
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- John
- 14-01-19
An interesting perspective on the EU and its flaws
An account of the flaws in the Euro and EU blessedly free of Bexit rhetoric
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Overall4 out of 5 stars
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Performance4 out of 5 stars
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Story4 out of 5 stars
- Joslo
- 04-07-18
The Story of finance and debt in Europe
A really interesting take on the workings of Europe, it's formation right up to the credit crunch and bail out of so many institutions and even countries. Were the bad guys really the Portugese? Spanish? Greeks? Why were some countries aided while others left to "suffer what they must". Who decides who will fail and who benefits when they do?
A great listen
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Overall5 out of 5 stars
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- Trish F
- 16-05-16
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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26 people found this helpful
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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- Devon SeaMoor
- 14-06-21
Yanis teaches a true history lesson here.
Yanis is an excellent writer, and narrator, knowing his enemies well, and yet full of courage, saying it as it is. with sarcastic skills that causes me to smile often. I've worked as translator for a Dutch bank in the making, learning a few things. Came to know of what an economic hitman is. Anthony Perkins wrote a book about it, it's available for free, online.
After exploring the tactics of
divide and conquer, reading the free download file "Silent Weapons for Quiet Wars", a CIA training manual according to the publisher, plus watching Naomi Klein, on You Tube, in her presentation about her book "The Shock Doctrine" with factual footage of the practice of it, it's clear to me that the bickering and accusations between Europe's EU members, after the 2008 financial crisis, is an example of that doctrine.
Staged terrorist attacks, protests, using members of gangs and delusional people, whatever means, to create separation and fear, with efforts to establish (maintaining) poverty in the lower classes, aren't we witness of this worldwide orchestration? Some of us with eyes wide shut?
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Amazon Customer
- 23-05-22
I like it
Great crash course on postwar European economy / politics and the powers therein. I especially liked the stories used throughout the book to relate both event and concepts to the human side of things.
Also fantastic narrating!
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