And the Weak Suffer What They Must? - the book Box0_TOP_ENG DiEM25 DiEM25's Covid-19 Policy Response English European Crisis Op-ed Politics and Economics

Europe’s Recovery Fund: An instrument of class war against weaker Europeans everywhere

Europe never was the battlefield on which the frugal North clashed with the profligate South. Instead, every European country has been the battlefield where a vicious class war is fought by a transnational oligarchy-without-frontiers training its armour against the weaker residents of every country, every region, every community. Covid-19, and the European Union’s response to […]

Another Now: Dispatches from an alternative present Box1_ENG Brexit DiEM25 UK English European Crisis Interviews MeRA25 The New Statesman

Covid-19 has “turbocharged” the EU’s failures – Interviewed by the NEW STATESMAN’s George Eaton

For Yanis Varoufakis, lockdown has not been a time of contemplation. “I have more work now than I ever did. As you know, everything has shifted to Zoom meetings, which means zero separation between the private and the public,” he explained when we spoke recently, during one such video call. The 59-year-old economist, former Greek […]

Box0_TOP_ENG English Politics and Economics Talking to my daughter about the economy: A brief history of capitalism Video Vital Space

What Comes After Capitalism? (VIDEO by Sustainable Human)

Free market capitalism died over a 100 years ago and gave way to monopoly capitalism. Monopoly capitalism is now not even able to reproduce itself, let alone sustain the planet, common decency etc. But what comes next? Thanks to the good people at PATREON for putting imagery to my words. Support the creation of more […]

Box0_TOP_ENG DiEM25 English Politics and Economics The Global Minotaur: A theory of the Global Crisis

Monetising misery & the future of capitalism – ABC Radio National, BIG IDEAS program

Enormous global corporations and financial institutions are now, some say, more powerful than governments. Rules that once constrained and regulated capitalism have gone. And when their power causes massive destruction, the captains of Big Capital find ways to profit from the destruction. So, is modern capitalism, itself, a threat to capitalism? Or will corporations always […]

Adults in the Room Box1_ENG Brexit Campaigning DiEM25 English European Crisis Finance Minister FinMin2015 Greece Greek Crisis MeRA25 Politics and Economics

Euroleaks: Why release? And why now?

During 2015’s first half, as Greece’s finance minister, I participated in thirteen crucial Eurogroup meetings – before the SYRIZA government (disrespecting the referendum result of 5th July) capitulated. The result of that capitulation was my immediate resignation and a permanent austerity program (until… 2060).  From the beginning, the first Eurogroup, it was clear that the […]

English Op-ed Politics and Economics Review The Observer

My review of Banerjee & Duflo’s (this year’s Nobel winners in economics) latest book – The Observer

REVIEW: Good Economics for Hard Times: Better Answers to Our Biggest Problems, by Abhijit Banerjee and Esther Duflo A recent YouGov survey confirmed that economists are the least trusted professionals in the UK today. Brexit is only the latest contributor to the public’s understandable rejection of a profession that has either failed spectacularly to raise […]

Audio English Politics and Economics Speech The Global Minotaur: A theory of the Global Crisis

Quantitative Easing: Its rationale, impact and the future of the world economy – Audio of speech delivered at ICA 2019

Hosted by Bahrain Financial Market Association, the two-day conference organized in cooperation with the Central Bank of Bahrain themed “Reshaping Finance in a Changing Economy”. The ICA hosted the Greek former Minister of Finance Professor Yanis Varoufakis at a panel discussion moderated by Dr. Jarmo T. Kotilaine the Chief Planning and Monitoring Officer of Tamkeen. Other […]

Adults in the Room Costa Gavras film version English Interviews Spanish

“El ‘establishment’ y la ultraderecha se necesitan” – El Mundo

Costa Gavras adapta al cine su libro autobiográfico en la película ‘Comportarse como adultos’ que se estrena el viernes. Yanis Varoufakis es el autor del libro en el que se basa la última película de Costa-Gavras. SANTI COGOLLUDO Yanis Varoufakis (Falero, 1961) es de los pocos ex ministros de finanzas (con o sin moto) que puede […]

English Interviews Politics and Economics PROGRESSIVE INTERNATIONAL Radio The Global Minotaur: A theory of the Global Crisis

Must we replace the dollar with a shared international currency unit? On the BBC World Service’s REAL STORY

Mark Carney, Governor of the Bank of England, recently said that we need a new international currency unit to replace the US dollar. In this BBC World Service program, I was asked what I thought of the idea. For more of a background to my answer click here. (For the whole BBC program, click here.)

Audio Box0_TOP_ENG English Interviews PROGRESSIVE INTERNATIONAL Radio The Global Minotaur: A theory of the Global Crisis

The IMF functions like the US-European bankers’ bailiffs – Varoufakis and Rogoff on BBC World Service’s World Business Report

The International Monetary Fund’s latest $56 billion loan to Argentina is at risk of failing again. The Argentinian peso has slumped and opposition leader Alberto Fernandez wants to ditch the austerity conditions attached to IMF bailouts that have so far failed to reduce inflation, stabilise the currency or halt recession. The Washington-based multilateral organisation monitors […]