If the Euro crumbles, what does that mean for the United States, China and the international economy? Are austerity measures the best route to solving this problem? Not according to former Greek Finance Minister Yanis Varoufakis. And the Weak Suffer What They Must? is his account of Greek’s 2015 financial collapse, the looming implosion of the EU’s economy, and the path Europe must take to move forward together. He’ll discuss ongoing problems on the continent, from rising authoritarianism and shaky capitalist principles, to its financial governing bodies (European Central Bank, International Monetary Fund, and the European Commission). Varoufakis will also offer a clear argument for why (and how) the U.S. can work together with Europe to prevent catastrophe. (Hint: it starts with “democratising” Europe.)
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Presented by: Town Hall and University Book Store, as part of the Civics series.