Crucible of Resistance: Greece, the Eurozone and the World Economy

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Pluto Press, Sep 10, 2013 - Business & Economics - 192 pages
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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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About the author (2013)

Euclid Tsakalotos is Professor of Economics at the University of Athens, Greece and a member of Parliament for SYRIZA, the alliance of the radical left. He is the co-author, with Christos Laskos, of 22 Things that They Tell You about the Greek Crisis that aren't So (2013).

Christos Laskos is an economist, teacher and co-author, with Euclid Tsakalotos, of 22 Things that They Tell You about the Greek Crisis that aren't So (2013). He is a member of the political secretariat of SYRIZA, the Greek radical left party.

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