9781844679690

Crisis in the Eurozone

  • ISBN 13:

    9781844679690

  • ISBN 10:

    1844679691

  • Format: Trade Paper
  • Copyright: 09/17/2012
  • Publisher: VERSO

Note: Not guaranteed to come with supplemental materials (access cards, study guides, lab manuals, CDs, etc.)

Extend Your Rental at Any Time

Need to keep your rental past your due date? At any time before your due date you can extend or purchase your rental through your account.

Rental Options

List Price $19.95 Save

Free Shipping Free Shipping On Every Order
Usually Ships in 3-5 Business Days

Summary

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. He ruthlessly dissects the roots of the current financial turmoil and the European debt crisis. Lapavitsas argues that European austerity will lead to a longer, deeperrecession, worsening the burden of debt and further imperilling banks and the monetary union itself. Controversially, Lapavitsas suggests that impoverished states would be wise to quit the euro and pursue a debtor-led sovereign and democratic default that would lead to profound cuts in the debt. Lapavitsas envisages a restructuring that will rely on the forces of organized labor and civil society, charting a theoretical cautious path between political economy and heterodox economics, between declining Europeanism and nascent nationalism.

Write a Review