This morning, Greek finance minister Yanis Varoufakis announced his resignation on his blog. This is despite the "no" vote in the country's referendum on austerity measures, a result which Varoufakis calls "splendid". Varoufakis said he "was made aware of a certain preference by some Eurogroup participants, and assorted 'partners', for my... 'absence' from its meetings", and so he's resigning to help Prime Minister Alexis Tsipras reach a deal. He said he would "wear the creditors' loathing with pride".
Varoufakis's anti-austerity ideas are spelled out in his book The Global Minotaur: America, Europe and the Future of the Global Economy, published by our comrades at Zed Books. Below is the foreword, , to that book by Paul Mason, economics editor for Channel 4 News and author of Meltdown: The End of the Age of Greed.