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And the Weak Suffer What They Must?

Europe, Austerity and the Threat to Global Stability

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And the Weak Suffer What They Must?

By: Yanis Varoufakis
Narrated by: Leighton Pugh, Yanis Varoufakis
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About this listen

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.

©2016 Yanis Varoufakis (P)2016 Random House AudioBooks
Economic Conditions Europe Politics & Government Thought-Provoking Imperialism Wall Street Global Financial Crisis US Economy Great Recession
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What listeners say about And the Weak Suffer What They Must?

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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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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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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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    5 out of 5 stars
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a must read

Poetic and humorous. Varoufakis introduces the book and then leaves it to Pugh to deliver in full. The best book and performance I've heard on Audible to date.

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Great man, great storyteller

One of the best audiobooks i have read, fascinating from the first minute. Looking forward to his next book.

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brilliant! a must read/listen!

clearly articulates the trouble with Europe and helps to make Brexit make even more sense! a fascinating insight into the politics and machinations that go on behind the scenes but not on our interest. wow!

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One for economists

I'll be honest, I'm not an economist (despite having a degree in economic and social studies) so this mostly went over my head. It's an interesting history and critique of the EU project though, and the Eurozone crisis is far from as simple as "we can't keep bailing Greece out".

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Gives you an idea about what's been going on in EU

If you could sum up And the Weak Suffer What They Must? in three words, what would they be?

honest, informative, near history

What did you like best about this story?

Personal perspective of Yanis Varoufakis

Which character – as performed by Yanis Varoufakis and Leighton Pugh – was your favourite?

wrong question audible..

Did you have an emotional reaction to this book? Did it make you laugh or cry?

It was a bit sad to see what EU could have been and what it has become but I didn't cry.

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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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"...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