Adults in the Room And the Weak Suffer What They Must? - the book Box2_ENG Brexit Campaigning Debate DiEM25 DiEM25 UK English European Crisis MeRA25 Politics and Economics Talking to my daughter about the economy: A brief history of capitalism Talks The Global Minotaur: A theory of the Global Crisis Theatre

At the Edinburgh Festival, in conversation with Jeremy Corbyn on reviving socialism, with Maria Alyokhina (Pussy Riot) on despotism, and with Shami Chakrabarti on liberty

In 2018, the good people behind the Edinburgh Festival kindly invited me to host a series of discussions under the title KILLING DEMOCRACY? My remit was: Further to explore the question of whether the current form of financialised capitalism is devouring democracy, reflecting on my work with the Democracy in Europe Movement (DiEM25). In a series […]

English Political Talks The Global Minotaur: A theory of the Global Crisis

2008 and the International New Deal we need for the post-2018 world – OECD Keynote, 14 SEP 2018

    2008 marked globalised capitalism’s near death experience. A decade later we have no right to be looking at those events as part of our economic history. The reason? We are still entangled in the crisis that the events of 2008 sparked off. They remain very much at the centre of our present. The […]

English Op-ed Politics and Economics The Global Minotaur: A theory of the Global Crisis The Guardian

Is the world safer than it was in 2008? Ten Guardian writers think not

Yanis Varoufakis: Risk has not been diminished, just taken out of sight Ten years after its near-death experience, capitalism is back to its old ways. Bailouts for the few and austerity for the many have caused global debt to rise 40% since 2007. Yes, British and European banks have contracted (as US authorities required Barclays, Deutsche […]

English Politics and Economics Talks The Global Minotaur: A theory of the Global Crisis Theatre

Lessons from 2008 for beyond 2018: Keynote this Friday 14th September at the OECD, Paris

Before 2008 we could all see that global trade imbalances were growing inexorably, creating a glut of savings in surplus countries that flowed into deficit countries, causing house price, stock exchange and debt bubbles whose bursting would never end well. What few could see, however, was that, behind the dominant narrative of unfettered competition and […]

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Ten Years After Lehman’s Collapse: What caused the Crash of 2008 is now shaping our post-modern 1930s – der Freitag

  In the autumn of 2008 events unfolded in Wall Street that the crushing majority of people around the world had been led to believe could never occur. It was the financial equivalent of watching the sun spinning out of control soon after it rose above the horizon. Humanity watched on in collective disbelief. The […]

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Im Reich der Gier – der Freitag

Mythos Der Kapitalismus ist entzaubert und bringt uns das größte Faschismusproblem seit den Dreißigern Was im Herbst 2008 an der Wall Street geschah, hatten die allermeisten Menschen bis dahin für unmöglich gehalten, schließlich hatte man ihnen jahrelang weisgemacht, dass etwas Derartiges schlichtweg nicht passieren könnte. Es war, als ob man dabei zuguckt, wie die Sonne, kurz […]

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CRASHED: Long version of my Observer review of Adam Tooze’s new book on the Crash of 2008

Every so often humanity manages genuinely to surprise itself. Events to which we had previously assigned zero probability push us into what the ancient Greeks referred to as aporia: a state of intense bafflement urgently demanding a new model of the world we live in. The Crash of 2008 was such a moment. Suddenly, the […]

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If Trump wants to blow up the world order, who will stop him? op-ed in The Guardian

Even before Donald Trump drove to tears of dismay NATO’s leaders, Theresa May, the EU’s officialdom and Washington’s own ‘intelligence community’, the writing was on the wall: Trump is methodically dismantling a world order that he no longer believes to be in the interests of the United States’ ruling class. Mon 11 Jun 2018 16.23 BST Donald Trump’s early […]

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Why Germany neither can nor should pay more to save the eurozone – IFO Munich Seminar, 11 June 2018

 “I wanted a Germany that was hegemonic and efficient, not authoritarian and caught up in a European Ponzi scheme. That was in 2013.” Excerpt from the Munich Seminar. This CESifo group Munich seminar took place on June 11, 2018 in Ludwig-Maximilian University, in Munich, in the Grosse Aula of the Ludwig-Maximilian University. The euro crisis has highlighted […]

Architectural Review Arts Culture DiEM25 English Essays Political The Global Minotaur: A theory of the Global Crisis Vital Space

The Globalising Wall: How Globalisation built walls and divisions. By Y. Varoufakis & D. Stratou, in the Architectural Review

Our theme is a wall. A wall that is neither some ordinary physical structure at a specific site, nor a symbolic wall. It takes a material form in sites around the globe while transcending locations and leapfrogging whole continents as if in a strange quest to globalise itself, to infect our supposedly unifying world with […]

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Internationalism vs Globalisation: Why progressives across Europe and beyond must forge a common internationalist movement – Talk at the Royal Festival Hall, accompanied by Andreas Gursky’s images and Danae Stratou’s ‘The Globalising Wall), 9 APR 2018

Ladies and Gentlemen, my heartfelt thanks for your presence here tonight. Thanks also to the good people at South Bank who honoured me with the humbling idea and invitation to combine my own musings on globalisation with the remarkable images of Andreas Gursky – images which have, over the years, done so much to enlighten […]

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INTERNATIONALISM vs GLOBALISATION, at the Royal Festival Hall, London, in association with the adjacent Andreas Gursky exhibition at the Hayward Gallery – this Monday 9th APR 2018, 19.30

Join economist and Democracy in Europe Movement 2025 (DiEM25) co-founder Yanis Varoufakis for a keynote talk on the economic force that has shaped our world: globalisation. This South Bank talk is punctuated by images from acclaimed German photographer, Andreas Gursky, whose iconic photographs have documented global capital and its effects for three decades, and whose […]

English Newspapers The Global Minotaur: A theory of the Global Crisis The Guardian

Trump and trade tariffs: big lies founded on small truths – The Guardian, 18 MAR 2018

Donald Trump is perhaps the US president best equipped to understand that some rise by sin, and some by virtue fall. His personal business plan always involved racking up enormous deficits and debts, before finding a way to unload them on to others – his employees and creditors mostly. Last week the US president imposed tariffs […]

Adults in the Room And the Weak Suffer What They Must? - the book Boston Review DiEM25 English The Global Minotaur: A theory of the Global Crisis US edition

Long review of ‘Adults in the Room’, by J.W. Mason, in the Boston Review

Adults In The Room: My Battle With Europe’s Deep Establishment Yanis Varoufakis Farrar, Straus and Giroux, $28.00 (cloth) In the spring of 2015, a series of debt negotiations briefly claimed a share of the world’s attention that normally goes only to events where celebrities give each other prizes. Syriza, a scrappy left-wing party, had stormed into […]

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Internationalism vs Globalisation – op-ed in The Globe & Mail, published as “Globalization is stuck in a trap. What will it be when it breaks free?” – 12 JAN 2018

Back in 1991, a left-wing friend expressed his frustration that “really existing socialism” was crumbling, with exaltations of how it had propelled the Soviet Union from the plough to Sputnik in a decade. I remember replying, under his pained and disapproving gaze: “So, what? No unsustainable system can be, ultimately, sustained.” Now that globalization is also […]