Crisis in the Eurozone

ISBN: 9781844679690 Categorii: Diverse. An apariție: 2012 Autor: Costas Lapavitsas Editură: Verso Books Tip copertă: Paperback Număr pagini: 268 Stoc: La comandă

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Building on his work as a leading member of the renowned Research on Money and Finance group, Costas Lapavitsas presents a searing critique of the neoliberal nature of the Eurozone and ruthlessly dissects the roots of the current financial turmoil and the European debt crisis. Lapavitsas argues that European austerity is contradictory because it leads to recession, and worsens the burden of debt, further imperilling banks and the monetary union itself. Controversially, Lapavitsas suggests that impoverished states would be wise to quit the Euro and pursue debtor-led, sovereign and democratic default that would lead to deep cancellation of debt. Lapavitsas envisages a restructuring relying on the forces of organized labor and civil society, drawing on the theoretical tradition of political economy and heterodox economics, and treading a careful path between declining Europeanism and nascent nationalism.

Limba
Engleza
Autor
Costas Lapavitsas
Data Publicarii
2012
Editura
Verso Books
Latime
14.8
Inaltime
21
Tip Coperta
Paperback
Nr Pag
268
Isbn 13
9781844679690
Cod
9781844679690
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