Capitalism is dead. The #1 bestselling economist shows how the owners of big tech have become the world's feudal overlords.

In his boldest and most far-reaching book yet, world-famous economist Yanis Varoufakis argues that capitalism is dead and a new economic era has begun.

Insane sums of money that were supposed to re-float our economies in the wake of the financial crisis and the pandemic have ended up supercharging big tech's hold over every aspect of the economy. Capitalism's twin pillars - markets and profit - have been replaced with big tech's platforms and rents. Meanwhile, with every click and scroll, we labour like serfs to increase its power. Welcome to technofeudalism.

Drawing on stories from Greek Myth and pop culture, from Homer to Mad Men, Varoufakis explains this revolutionary transformation: how it enslaves our minds, how it rewrites the rules of global power and ultimately what it will take overthrow it.

Once in a while the world astonishes itself. Anxious incredulity replaces intellectual torpor and a puzzled public strains its antennae in every possible direction, desperately seeking explanations for the causes and nature of what just hit it. 2008 was such a moment. Not only did the financial system collapse, and send the real economy into a tailspin, but it also revealed the great gulf separating economics from a very real capitalism. Modern Political Economics has a single aim: To help readers make sense of how 2008 came about and what the post-2008 world has in store. The book is divided into two parts. The first part delves into every major economic theory, from Aristotle to the present, with a determination to discover clues of what went wrong in 2008. The main finding is that all economic theory is inherently flawed. Any system of ideas whose purpose is to describe capitalism in mathematical or engineering terms leads to inevitable logical inconsistency; an inherent error that stands between us and a decent grasp of capitalist reality. The only scientific truth about capitalism is its radical indeterminacy, a condition which makes it impossible to use science's tools (e.g. calculus and statistics) to second-guess it. The second part casts an attentive eye on the post-war era; on the breeding ground of the Crash of 2008. It distinguishes between two major post-war phases: The Global Plan (1947-1971) and the Global Minotaur (1971-2008). This dynamic new book delves into every major economic theory and maps out meticulously the trajectory that global capitalism followed from post-war almost centrally planned stability, to designed disintegration in the 1970s, to an intentional magnification of unsustainable imbalances in the 1980s and, finally, to the most spectacular privatisation of money in the 1990s and beyond. Modern Political Economics is essential reading for Economics students and anyone seeking a better understanding of the 2008 economic crash.

Game theory now provides the theoretical underpinning for a multitude of courses in economics worldwide. The speed of these developments has been remarkable and they have constituted something of a revolution. Indeed, the basic tenets of game theory have now begun to colonize other social sciences and its proponents have been unified in claiming its natural basis as a rational theory of society.
But the technical demands of the subject and the lack of clarity of many commentators' explanations have been a problem for many. This second edition of Shaun Hargreaves-Heap and Yanis Varoufakis's classic text strips away the mystique and lets the student make his or her own mind up. This new edition:
* lays bear the philosophy behind game theory and explains all its major concepts
* conducts a clear explanation and careful analysis of all the main 'games', such as repeated games and the prisoner's dilemma, as well as less well-trodden topics such as experimental games and issues of rationality
* introduces and analyses new areas of game theory such as "evolutionary games" and "Psychological games"
Retaining the most popular features from the original edition, this latest version offers improved pedagogy, new questions for discussion, new chapters on the latest developments as well as a host of new examples. A new generation of students of game theory will grow to appreciate this superb text whilst fans of the first edition will eagerly devour this long-awaited update.

Game theory is rapidly becoming one of the cornerstones of the social sciences. The articles gathered here chart the intellectual history of game theory from its place in the Enlightenment tradition, through the explosion of literature in the late 1970s, to issues of current and emerging debates. This extensively indexed set will be a valuable reference tool to researchers in sociology and politics, as well as economics.

Now in its second edition, Nuclear Forensic Analysis provides a multidisciplinary reference for forensic scientists, analytical and nuclear chemists, and nuclear physicists in one convenient source. The authors focus particularly on the chemical, physical, and nuclear aspects associated with the production or interrogation of a radioactive sample. They consolidate fundamental principles of nuclear forensic analysis, all pertinent protocols and procedures, computer modeling development, interpretational insights, and attribution considerations. The principles and techniques detailed are then demonstrated and discussed in their applications to real-world investigations and casework conducted over the past several years. Highlights of the Second Edition include: A new section on sample analysis considerations and interpretation following a post-detonation nuclear forensic collection New case studies, including the most wide-ranging and multidisciplinary nuclear forensic investigation conducted by Lawrence Livermore National Laboratory to date Expanded treatments of radiologic dispersal devices (RDDs) and statistical analysis methodologies The material is presented with minimal mathematical formality, using consistent terminology with limited jargon, making it a reliable, accessible reference. The broad-based coverage provides important insight into the multifaceted changes facing this recently developed science.

This volume is a collection of some of the best and most influential work of Yanis Varoufakis. The chapters all address the issue of economic indeterminacy, and the place of a socialized Homo Economicus within the economy. The book addresses Varoufakis' key interpretation regarding the way in which neoclassical economics deals with the twin problems of complexity and indeterminacy. He argues that all neoclassical modelling revolves around three meta-axioms: Methodological individualism, Methodological instrumentalism and the Methodological Imposition of Equilibrium. Each chapter in preceded by an introduction, which explains its place within the overarching theme of the book. The volume also includes a lengthy introduction, plus a concluding chapter focusing on the future of economics. It will be a key work for all students and researchers in the field of political economy and economic methodology.

This volume is a collection of some of the best and most influential work of Yanis Varoufakis. The chapters all address the issue of economic indeterminacy, and the place of a socialized Homo Economicus within the economy. The book addresses Varoufakis' key interpretation regarding the way in which neoclassical economics deals with the twin problems of complexity and indeterminacy. He argues that all neoclassical modelling revolves around three meta-axioms: Methodological individualism, Methodological instrumentalism and the Methodological Imposition of Equilibrium. Each chapter is preceded by an introduction, which explains its place within the overarching theme of the book. The volume also includes a lengthy introduction, plus a concluding chapter focusing on the future of economics. It will be a key work for all students and researchers in the field of political economy and economic methodology.

**THE SUNDAY TIMES BESTSELLER** Yanis Varoufakis, world renowned economist, writes to his daughter to teach her the hazards of capitalism. 'Why is there so much inequality?' asked Xenia to her father. Answering her questions in a series of accessible and tender letters, Varoufakis educates her to what economics and capitalism is and why it is so dangerous. Taking from memories of her childhood and a variety of well-known tales - from Oedipus and Faust to Frankenstein and The Matrix - Varoufakis turns Talking To My Daughter into an enjoyable and engaging read, without ever shying from the harder truths. Greece's former finance minister explains everything you need to know to understand why economics is the most important drama of our times. In answering his daughter's deceptively simple questions, Varoufakis disentangles our troubling world with remarkable clarity and child-like honesty, as well as inspiring us to make it a better one. 'Utterly accessible, deeply humane and startlingly original - a potent democratic tool at the perfect time' Naomi Klein, author of The Shock Doctrine

Once in a while the world astonishes itself. Anxious incredulity replaces intellectual torpor and a puzzled public strains its antennae in every possible direction, desperately seeking explanations for the causes and nature of what just hit it. 2008 was such a moment. Not only did the financial system collapse, and send the real economy into a tailspin, but it also revealed the great gulf separating economics from a very real capitalism. Modern Political Economics has a single aim: To help readers make sense of how 2008 came about and what the post-2008 world has in store. The book is divided into two parts. The first part delves into every major economic theory, from Aristotle to the present, with a determination to discover clues of what went wrong in 2008. The main finding is that all economic theory is inherently flawed. Any system of ideas whose purpose is to describe capitalism in mathematical or engineering terms leads to inevitable logical inconsistency; an inherent error that stands between us and a decent grasp of capitalist reality. The only scientific truth about capitalism is its radical indeterminacy, a condition which makes it impossible to use science's tools (e.g. calculus and statistics) to second-guess it. The second part casts an attentive eye on the post-war era; on the breeding ground of the Crash of 2008. It distinguishes between two major post-war phases: The Global Plan (1947-1971) and the Global Minotaur (1971-2008). This dynamic new book delves into every major economic theory and maps out meticulously the trajectory that global capitalism followed from post-war almost centrally planned stability, to designed disintegration in the 1970s, to an intentional magnification of unsustainable imbalances in the 1980s and, finally, to the most spectacular privatisation of money in the 1990s and beyond. Modern Political Economics is essential reading for Economics students and anyone seeking a better understanding of the 2008 economic crash.

Contents:
1. Overview 1.1 Introduction 1.1.1 Why Study Game Theory? 1.1.2 What is Game Theory? 1.1.3 Why this Book? 1.1.4 Why a Second Edition? 1.2 The Assumptions of Game Theory 1.2.1 Individual Action is Instrumentally Rational 1.2.2 Common Knowledge of Rationality 1.2.3 Common Priors 1.2.4 Action Within the Rules of the Game 1.3 Liberal Individualism, The State and Game Theory 1.3.1 Methodological Individualism 1.3.2 Game Theory's Contribution to Liberal Individualism 1.4 A Guide to the Rest of the Book 1.4.1 Three Classic Games: Hawk-Dove, Co-ordination and the Prisoner's Dilemma 1.4.2 Chapter-by-Chapter Guide 1.5 Conclusion 2. The Elements of Game Theory 2.1 Introduction 2.2 The Representation of Strategies, Games and Information Sets 2.2.1 Pure and Mixed Strategies 2.2.2 The Normal Form, the Extensive Form and the Information Set 2.3 Dominance Reasoning 2.3.1 Strict and Weak Dominance 2.3.2 Degrees of Common Knowledge of Instrumental Rationality 2.4 Rationalisable Beliefs and Actions 2.4.1 The Successive Elimination of Strategically Inferior Moves 2.4.2 Rationalisable Strategies and their Connection with Nash's Equilibrium 2.5 Nash Equilibrium 2.5.1 John Nash's Beautiful Idea 2.5.2 Consistently Aligned Beliefs, the Hidden Principle of Rational Determinacy and the Harsanyi-Aumann Doctrine 2.5.3 Some Objections to Nash: Part I 2.6 Nash Equilibrium in Mixed Strategies 2.6.1 The Scope and Derivation of Nash Equilibria in Mixed Strategies 2.6.2 The Reliance of NEMS on CAB and the Harsanyi Doctrine 2.6.3 Aumann's Defence of CAB and NEMS 2.7 Conclusion 3. Battling Indeterminacy - Refinements of Nash's Equilibrium in Static and Dynamic Games 3.1 Introduction 3.2 The Stability of Nash Equilibria 3.2.1 Trembling Hand Perfect Nash Equilibria 3.2.2 Harsanyi's Bayesian Nash Equilibria and his Defence of NEMS 3.3 Dynamic Games 3.3.1 Extensive Form and Backward Induction 3.3.2 Subgame Perfection, Nash and CKR 3.3.3 Sequential Equilibria 3.3.4 Bayesian Learning, Sequential Equilibrium and the Importance of Reputation 3.3.5 Signalling Equilibria 3.4 Further Refinements 3.4.2 Forward Induction 3.5 Some Logical Objections to Nash, Part III 3.5.1 A Critique of Subgame Perfection 3.5.2 A Negative Rejoinder (based on the Harsanyi-Aumann Doctrine) 3.5.3 A Positive Rejoinder (based on Sequential Equilibrium) 3.5.4 Conclusion: Out-of-Equilibrium Beliefs, Patterned Trembles and Consistency 3.6 Conclusion 3.6.1 The Status of Nash and Nash Refinements 3.6.2 In Defence of Nash 3.6.3 Why has Game Theory been Attracted 'so Uncritically' to Nash? 4. Bargaining Games- Rational Agreements, Bargaining Power and the Social Contract 4.1 Introduction 4.2 Credible and Incredible Talk in Simple Bargaining Games 4.3 John Nash's Generic Bargaining Problem and his Solution 4.3.1 The Bargaining Problem 4.3.2 Nash's Solution as an Equilibrium of Fear 4.3.3 Nash's Solution - An Example 4.3.4 Nash's Axiomatic Account 4.3.5 Do the Axioms Apply? 4.3.6 Nash's Solution - a Summary 4.4 Ariel Rubinstein and the Bargaining Process: The Return of Nash Backward Induction 4.4.1 Rubinstein's Solution to the Bargaining Problem 4.4.2 A Proof of Rubinstein's Theorem 4.4.3 The (Trembling Hand) Defence of Rubinstein's Solution 4.4.4 A Final Word on Nash, Trembling Hands and Rubinstein's Bargaining Solution 4.5 Justice in Political and Moral Philosophy 4.5.1 The Negative Result and the Opening to Rawls and Nozick 4.5.2 Procedures and Outcomes (or 'Means' and Ends) and Axiomatic Bargaining Theory 4.6 Conclusion 5. The Prisoner's Dilemma - The Riddle of Co-operation and its Implications for Collective Agency 5.1 Introduction: The State and the Game that Popularised Game Theory 5.2 Examples of Hidden Prisoner's Dilemmas and Free Riders in Social Life 5.3 Some Evidence on How People Play the Game 5.4 Explaining Co-operation 5.4.1 Kant and Morality: Is it Rational to Defect? 5.4.2 Altruism 5.4.3 Inequality Aversion 5.4.4 Choosing a Co-operative Dsposition Instrumentally 5.5 Conditional Co-operation in Repeated Prisoner's Dilemmas 5.5.1 Tit-for-Tat in Axelrod's Tournaments 5.5.2 Tit-for-Tat as a Nash Equilibrium Strategy When the Horizon is Unknown 5.5.3 Spontaneous Public Good Provision 5.5.4 The Folk Theorem, Indeterminacy and the State 5.5.5 Does a Finite Horizon Wreck Co-operation? The Theory and the Evidence 5.6 Conclusion: Co-operation and the State in Liberal Theory 5.6.1 Rational Co-operation? 5.6.2 Liberalism and the prisoners' dilemma 5.6.3 The limits of the prisoners' dilemma 6. Evolutionary Games - Evolution, Games and Social Theory 6.1 Game Theory's Encounter with Evolutionary Biology 6.1.1 The Origins of Evolutionary Game Theory 6.1.2 Evolutionary stability and equilibrium: An introduction 6.1.3 Spontaneous Order Versus Political Rationalism 6.2 Symmetrical Evolution in Homogenous Populations 6.2.1 Static Games 6.2.1 Dynamic Games 6.3 Evolution in Heterogeneous Populations 6.3.1 Asymmetrical (or two-dimensional) Evolution and the Demise of Nash Equilibria in Mixed Strategies (NEMS) 6.3.2 Does Evolutionary Game Theory Apply to Humans as well as it does to Birds, Ants, etc.? An Experiment with 2-Dimensional Evolution in the Hawk-Dove Game 6.3.3 Multi-Dimensional Evolution and the Conflict of Conventions 6.3.4 The Origin of Conventions and the Challenge to MethodologicalIndividualism 6.3.5 The Politics of Mutations: Conventions, Inequality and Revolt 6.3.6 Discriminatory Conventions: A Brief Synopsis 6.4 Social Evolution: Power, Morality and History 6.4.1 Social Versus Natural Selection 6.4.2 Conventions as Covert Social Power 6.4.3 The Evolution of Predictions into Moral Beliefs: Hume on Morality 6.4.4 Gender, Class and Functionalism 6.4.5 The Evolution of Predictions into Ideology: Marx against Morality 6.5 Conclusion 7. Psychological Games - Demolishing the Divide between Motives and Beliefs 7.1 Introduction 7.2 Different Kinds of 'Other Regarding' Motives 7.2.1 The 'Other'-Regarding Motives of Homo Economicus 7.2.2 Beliefs as Predictions and as Motives 7.3 The Motivating Power of Normative Beliefs 7.3.1 Fairness Equilibria 7.3.2 Computing Fairness Equilibria 7.3.3 Assessing Rabin 7.3.4 An Alternative Formulation Linking Entitlements to Intentions 7.3.5 Team Thinking 7.4 Psychology and Evolution 7.4.1 On the Origins of Normative Beliefs: An Adaptation to Experience 7.4.2 On the Origins of Normative Beliefs: The Resentment-Aversion Versus the Subversion-Proclivity Hypotheses 7.5 Conclusion: Shared Praxes, Shared Meanings Postscript Solutions to Problems Notes Authors' Index Subject Index References

Foundations of Economics breathes life into the discipline by linking key economic concepts with wider debates and issues. By bringing to light delightful mind-teasers, philosophical questions and intriguing politics in mainstream economics, it promises to enliven an otherwise dry course whilst inspiring students to do well.
The book covers all the main economic concepts and addresses in detail three main areas:
* consumption and choice
* production and markets
* government and the State.
Each is discussed in terms of what the conventional textbook says, how these ideas developed in historical and philosophical terms and whether or not they make sense. Assumptions about economics as a discipline are challenged, and several pertinent students' anxieties ('Should I be studying economics?') are discussed.

'We need to organise politically to defend the weak, empower the many and prepare the ground for reversing the absurdities of capitalism.' - Yanis Varoufakis 'Capitalism over the past twenty-five years has been an incredible moral good.' - David Brooks The Munk debate on capitalism There is a growing belief that the capitalist system no longer works. Inequality is rampant. The environment is being destroyed for profits. In some western nations, life expectancy is even falling. Political power is wielded by wealthy elites and big business, not the people. But for proponents of capitalism, it is the engine of progress, not just making all of us materially better off, but helping to address everything from women's rights to political freedoms. We seem to stand at a crossroads: do we need to fix the system as a matter of urgency, or would it be better to hold our nerve?

**THE SUNDAY TIMES NUMBER ONE BESTSELLER** The most recognisable economist on the planet, Yanis Varoufakis, puts forth his case to reform an EU that currently fails it weakest citizens. In this startling account of Europe's economic rise and catastrophic fall, Varoufakis pinpoints the flaws in the European Union's design - a design thought up after the Second World War, and one responsible for Europe's fragmentation and resurgence of racist extremism. When the financial crisis struck in 2008, the political elite's response ensured it would be the weakest citizens of the weakest nations that paid the price for the bankers' mistakes. Drawing on his personal experience of negotiations with the eurozone's financiers, and offering concrete policies to reform Europe, the former finance minister of Greece shows how we concocted this mess and points our way out of it. And The Weak Suffer What They Must? highlights our history to tell us what we must do to save European capitalism and democracy from the abyss. With the future of Europe under intense scrutiny after Brexit, this is the must-read book to explain Europe's structural flaws and how to fix them. 'If you ever doubt what is at stake in Europe - read Varoufakis's account' Guardian

The Communist Manifesto is a timeless classic providing intelligent insight into socialism, communism and today's group identity politics. This pocket edition includes a new introduction by the economist and bestselling author of Adults in the Room, Yanis Varoufakis. The Communist Manifesto was first published in London in 1848, by two young men in their late twenties. Its impact reverberated across the globe and throughout the next century, and it has come to be recognised as one of the most important political texts ever written. Maintaining that the history of all societies is a history of class struggle, the manifesto proclaims that communism is the only route to equality, and is a call to action aimed at the proletariat. It is an essential read for anyone seeking to understand our modern political landscape.

The twenty-fifth semi-annual Munk Debate, held on December 4, 2019, pits editorial director and publisher of the Nation Katrina vanden Heuvel and former finance minister of Greece Yanis Varoufakis against Harvard professor Arthur Brooks and New York Times columnist David Brooks to debate whether the capitalist system is broken. "We need to organise politically to defend the weak, empower the many, and prepare the ground for reversing the absurdities of capitalism." -- Yanis Varoufakis In Western societies, the capitalist system is facing a level of distrust not seen in decades. Economic inequality is rampant. Life expectancy is falling. The environment is being destroyed for profit. Political power is wielded by wealthy elites and big business. For capitalism's critics, it is clear that the system is not designed to help average people. Their solution is a top-to-bottom reform of the "free market" along more socialist and democratic lines. For proponents of capitalism, however, this system has been the greatest engine of economic and social progress in history. Not only has capitalism made all of us materially better off, its ideals are responsible for everything from women's rights to a cleaner environment to political freedoms. The answer to society's current ills is more capitalism, more economic freedom, and more free markets. The twenty-fifth semi-annual Munk Debate, held on December 4, 2019, pits editorial director and publisher of the Nation Katrina vanden Heuvel and former finance minister of Greece Yanis Varoufakis against Harvard professor Arthur Brooks and New York Times columnist David Brooks to debate whether the capitalist system is broken.

'I could not recommend this more. If you're looking for a sense of optimism, a sense of political possibility, this book is very important' Owen Jones What would a fair and equal society actually look like? Imagine a world with no banks. No stock market. No tech giants. No billionaires. In Another Now world-famous economist, Yanis Varoufakis, shows us what such a world would look like. Far from being a fantasy, he describes how it could have come about - and might yet. But would we really want it? Varoufakis's boundary-breaking new book confounds expectations of what the good society would look like and confronts us with the greatest question: are we able to build a better society, despite our flaws. 'A vision of a new society with new ways of thinking is possibly the most important thing an artist can offer at the moment' Brian Eno

** The Sunday Times #1 Bestseller** 'One of the greatest political memoirs of all time' Guardian What happens when you take on the European establishment? Read as world-famous, provocative economist, and former Greece finance minister, Yanis Varoufakis, blows the lid on his battle with EU officials over the Greek debt crisis. Varoufakis sparked one of the most spectacular and controversial battles in recent political history with his attempt to renegotiate Greece's relationship with the European Union. Yet despite the mass support of the Greek people, and simple logic of his arguments, he succeeded only in provoking the fury of Europe's political, financial and media elite. Exposing the real business taking place behind the EU's closed doors, Varoufakis reveals all in this fearless, personal account. Adults In The Room is an extraordinary tale of brinkmanship, hypocrisy, collusion and betrayal that will shake the European and economic establishment to its foundations. Varoufakis is sending out an urgent wake-up call to renew European democracy before it is too late. **ONE OF THE GUARDIAN'S 100 BEST BOOKS OF THE 21st CENTURY**

Now in its second edition, Nuclear Forensic Analysis provides a multidisciplinary reference for forensic scientists, analytical and nuclear chemists, and nuclear physicists in one convenient source. The authors focus particularly on the chemical, physical, and nuclear aspects associated with the production or interrogation of a radioactive sample. They consolidate fundamental principles of nuclear forensic analysis, all pertinent protocols and procedures, computer modeling development, interpretational insights, and attribution considerations. The principles and techniques detailed are then demonstrated and discussed in their applications to real-world investigations and casework conducted over the past several years. Highlights of the Second Edition include: A new section on sample analysis considerations and interpretation following a post-detonation nuclear forensic collection New case studies, including the most wide-ranging and multidisciplinary nuclear forensic investigation conducted by Lawrence Livermore National Laboratory to date Expanded treatments of radiologic dispersal devices (RDDs) and statistical analysis methodologies The material is presented with minimal mathematical formality, using consistent terminology with limited jargon, making it a reliable, accessible reference. The broad-based coverage provides important insight into the multifaceted changes facing this recently developed science.

Foundations of Economics breathes life into the discipline by linking key economic concepts with wider debates and issues. By bringing to light delightful mind-teasers, philosophical questions and intriguing politics in mainstream economics, it promises to enliven an otherwise dry course whilst inspiring students to do well.
The book covers all the main economic concepts and addresses in detail three main areas:
* consumption and choice
* production and markets
* government and the State.
Each is discussed in terms of what the conventional textbook says, how these ideas developed in historical and philosophical terms and whether or not they make sense. Assumptions about economics as a discipline are challenged, and several pertinent students' anxieties ('Should I be studying economics?') are discussed.

This book is an authoritative and accessible guide to the pluralist movement threatening to revolutionize mainstream economics. Leading figures in the field explain why pluralism is a required virtue in economics, how it came to be blocked and what it means for the way we think about, research and teach economics. The first part of the book looks at how neoclassical economics gained its stranglehold, particularly in the United States, and how the social and intellectual underpinnings of economics have enabled it to maintain this in the face of inconsistent evidence from the real world. This is then contrasted with different approaches to pluralism. "Pluralist Economics" then goes on to address the array of arguments for establishing pluralism, showing how economics came to function as a concealed ideology and not as a science, and how value-free economics is an illusion. Finally, it addresses the practical problems presented by this different way of doing economics.

VINTAGE MINIS: GREAT MINDS. BIG IDEAS. LITTLE BOOKS.

How do we choose between what is fair and just, and what our debtors demand of us? Yanis Varoufakis was put in such a dilemma in 2015 when he became the finance minister of Greece. In this rousing book, he charts the absurdities that underpin calls for austerity, as well as his own battles with a bureaucracy bent on ignoring the human cost of its every action. Passionately outspoken and tuned to the voices of the oppressed, Varoufakis presents a guide to modern economics, and its threat to democracy, like no other.

Selected from the books And the Weak Suffer What They Must? and Adults in the Room

A titanic battle is being waged for Europe's integrity and soul, with the forces of reason and humanism losing out to growing irrationality, authoritarianism, and malice, promoting inequality and austerity. The whole world has a stake in a victory for rationality, liberty, democracy, and humanism. In January 2015, Yanis Varoufakis, an economics professor teaching in Austin, Texas, was elected to the Greek parliament with more votes than any other member of parliament. He was appointed finance minister and, in the whirlwind five months that followed, everything he had warned about- the perils of the euro's faulty design, the European Union's shortsighted austerity policies, financialized crony capitalism, American complicity and rising authoritarianism- was confirmed as the troika" (the European Central Bank, International Monetary Fund, and European Commission) stonewalled his efforts to resolve Greece's economic crisis. Here, Varoufakis delivers a fresh look at the history of Europe's crisis and America's central role in it. He presents the ultimate case against austerity, proposing concrete policies for Europe that are necessary to address its crisis and avert contagion to America, China, and the rest of the world. With passionate, informative, and at times humorous prose, he warns that the implosion of an admittedly crisis-ridden and deeply irrational European monetary union should, and can, be avoided at all cost.

A #1 Sunday Times bestseller [UK] A titanic battle is being waged for Europe's integrity and soul, with the forces of reason and humanism losing out to growing irrationality, authoritarianism, and malice, promoting inequality and austerity. The whole world has a stake in a victory for rationality, liberty, democracy, and humanism. In January 2015, Yanis Varoufakis, an economics professor teaching in Austin, Texas, was elected to the Greek parliament with more votes than any other member of parliament. He was appointed finance minister and, in the whirlwind five months that followed, everything he had warned about,the perils of the euro's faulty design, the European Union's shortsighted austerity policies, financialized crony capitalism, American complicity and rising authoritarianism,was confirmed as the troika" (the European Central Bank, International Monetary Fund, and European Commission) stonewalled his efforts to resolve Greece's economic crisis. Here, Varoufakis delivers a fresh look at the history of Europe's crisis and America's central role in it. He presents the ultimate case against austerity, proposing concrete policies for Europe that are necessary to address its crisis and avert contagion to America, China, and the rest of the world. With passionate, informative, and at times humorous prose, he warns that the implosion of an admittedly crisis-ridden and deeply irrational European monetary union should, and can, be avoided at all cost.

Europe might appear like a continent pulling itself apart. Ten years of economic and political crises have pitted North versus South, East versus West, citizens versus institutions. And yet, these years have also shown a hidden vitality of Europeans acting across borders, with civil society and social movements showing that alternatives to the status quo already exist. This book is at once a narrative of the experience of activism and a manifesto for change. Through analysing the ways in which neoliberalism, nationalism and borders intertwine, Marsili and Milanese - co-founders of European Alternatives - argue that we are in the middle of a great global transformation, by which we have all become citizens of nowhere. Ultimately, they argue that only by organising in a new transnational political party will the citizens of nowhere be able to struggle effectively for the utopian agency to transform the world.