Adults in the Room by Yanis Varoufakis review – one of the greatest political memoirs ever?

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Buy Adults In The Room: My Battle With Europe’s Deep Establishment by Yanis Varoufakis from Boffins Books in Perth, Australia. Softcover, published in 2017 by Jonathan Cape.

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Adults In The Room – Yanis Varoufakis . One of the greatest political memoirs of all time. (Guardian). What happens when you take on the establishment? In this blistering, personal account, world-famous economist yanis varoufakis blows the lid on Europe’s hidden agenda and exposes what actually goes on in its corridors of power.

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In chapter 11 of his book, Adults in the Room Yanis Varoufakis tells how he arranged the sale of the third container terminal of the Port of Piraeus to the Chinese corporation Cosco who manage the other two quays since 2008. As Varoufakis explains himself, Syriza had promised, before the elections, that they would not further privatize the port of Piraeus.

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In Adults in the Room, Yanis Varoufakis exposes the shocking reality of how power is wielded behind the scenes at the EU – and argues that only radical reform can save it from collapse. Yanis Varoufakis became globally famous when was elected finance minister of Greece with a specific mandate to say no to the EU: to reject the forced loans and crushing austerity forced upon his country by the Eurozone.

Adam Tooze referred to it in his critical overview of reviews of the book (“Europe’s Political Economy: Reading Reviews of Varoufakis’s Adults in the Room”) and Yanis Varoufakis himself responded on his blog to a series of critiques including mine. These exchanges brought out several arguments which merit discussion.