Can capitalism be fixed? An Intelligence Squared debate between Gillian Tett (Yes!) and Yanis Varoufakis (No!)

06/11/2021 by

Gillian Tett, the Financial Times Chair of the Editorial Board & Editor-at-large, believes that capitalism can be fixed, through copious regulation and institutional interventions. I, on the other hand, not only think that capitalism cannot be fixed but, additionally, that capitalism has made itself irrelevant through a surreptitious transformation into a new version of the system it replaced: technofeudalism. Gillian think that I am a utopian dreaming of a socialist postcapitalism. I think that Gillian is a utopian hanging on to the idea that capitalism can be both saved and civilised. ENJOY THE DEBATE that Intellience Squared were kind enough to organise.

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