Crucible of Resistance: Greece, the Eurozone and the World Economy
Crucible of Resistance seeks to challenge the mainstream account of the 'Greek Crisis' and situate it within a broader regional context and ultimately a critique of the world economic system.
Euclid Tsakalotos and Christos Laskos argue that Greece's exceptionalism is largely a myth. They show how the causes of the 2008 global financial crisis lie in key features of the neo-liberal economic order, including income and wealth inequalities and the hollowing out of democratic and deliberative institutions. A progressive exit from the crisis, for Greece and the eurozone as a whole, entails meeting head on the limitations of the neo-liberal order.
Crucible of Resistance argues that an effective response entails confronting not just the neo-liberal order, but also the earlier social-democratic Keynesian regime. This book widens out the debate about the crisis in Greece and the eurozone linking it to socialist and class strategies at the international level.
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