Eurozone Dystopia
Groupthink and Denial on a Grand Scale
Business & Finance, Economics, Macroeconomics, Economic History
| Author: | William Mitchell | ISBN: | 9781784716660 |
| Publisher: | Edward Elgar Publishing | Publication: | May 29, 2015 |
| Imprint: | Language: | English |
| Author: | William Mitchell |
| ISBN: | 9781784716660 |
| Publisher: | Edward Elgar Publishing |
| Publication: | May 29, 2015 |
| Imprint: | |
| Language: | English |
Eurozone Dystopia traces the origin of the Eurozone and shows how the historical Franco-German rivalry combined with the growing dominance of neo-liberal economic thinking to create a monetary system that was deeply flawed and destined to fail. It argues that the political class in Europe is trapped in a destructive groupthink which prevents it from seeing their own policy failures. Millions are unemployed as a result and the member states are caught in a cycle of persistent stagnation and rising social instability.
Eurozone Dystopia traces the origin of the Eurozone and shows how the historical Franco-German rivalry combined with the growing dominance of neo-liberal economic thinking to create a monetary system that was deeply flawed and destined to fail. It argues that the political class in Europe is trapped in a destructive groupthink which prevents it from seeing their own policy failures. Millions are unemployed as a result and the member states are caught in a cycle of persistent stagnation and rising social instability.
