The Minotaur in House of Leaves The Minotaur in House of Leaves The Minotaur or Minotauros was the son born of lust to Queen Pasiphae of Crete and a bull. He had the body of a man and the head of a bull and was more beast than human. The creature was banished by King Minos to reside in the centre of a labyrinth in Knossos built by the ingenious architect Daedalus and his son Icarus. The Minotaur was nursed by Queen Pasiphae as a child but grew to devour humans, so he was safely put away in the maze contrived so carefully and trickily that
The Global Minotaur taking advantage of its position in the age of the Global Minotaur to build up colossal amounts of private money on the back of its profits in a process of 'financialisation', which then collapsed as it became unsustainable. Crucially, the crash caused the Global Minotaur to be wounded as America's banking sector was no longer able to attract sufficient capital to balance the USA's twin trade and budget deficits. With the newfound lack of a global surplus recycling mechanism Varoufakis considers possible future alternatives in a postscript published in the 2015 second edition of the book. He considers the possibility