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Here is what Central Banks could do to stem inflation without crushing the poor or killing off the Green Transition – The Guardian
, 16/04/2022
Inflation is a disease that disproportionately afflicts the poor. Even before Vladimir Putin unleashed his brutal war on Ukraine, whose byproducts include soaring energy and food prices, inflation was already over 7.5% in the US and above 5% in Europe and the UK. Calls for its taming are, therefore, fully justified – and the interest rate rise in the US, […]
On Brexit and the task of confronting technofeudalism – Interview in The Morning Star
, 03/01/2022
ONE YEAR since the final deal for Brexit was announced, it remains one of the most divisive political subjects for a generation. Perhaps unknown to most, the incendiary B-word had its genesis in the term “Grexit” — coined during tumultuous years after the 2008 credit crunch when a Greek exit from the EU was speculated, […]
Explaining to friend & comrade Slavoj Zizek that which why I didn’t get a chance to tell my father: why I think capitalism has evolved into technofeudalism
, 06/11/2021
I must have been no older than five or six when my dad introduced me to the idea that technological progress forces the pace of history. I remember him explaining how written records coincided with humanity’s ability to smelt copper tools. Of how history accelerated when ancient smiths progressed from copper to forging iron tools […]
Merkel’s tenure condemned Germany to wealth-fuelled decline & the EU to debt-fuelled stagnation – JACOBIN
, 28/09/2021
Angela Merkel’s tenure will be remembered as Germany’s, and Europe’s, cruelest paradox. On the one hand, she dominated the continent’s politics like no other peacetime leader — and is leaving the German chancellery considerably more powerful than she had found it. But the way she built up this power condemned Germany to secular decline and […]
Revisiting the causes & effects of Brexit – New Statesman video interview
, 24/06/2021
Here I am conversing with New Statesman’s George Eaton, reflecting on five years since the EU referendum, Scottish independence, a UK progressive alliance, and whether the EU can stay relevant post Brexit. Lest I be misunderstood, viz the New Statesman’s title: Given the EU’s post-2008 trajectory, & its behaviour more recently, if I were a […]
mέta – DiEM25’s & MeRA25’s Centre for Postcapitalist Civilisation premiers tonight, 13th May, at 19.00CET
, 12/05/2021
Imagine the world anew, together. Thursday 13 May 2021, at 19.00CET (17.00GMT, 20.00 Athens time), streaming at mέta’s YouTube channel and at facebook.com/meta.cpc. Through a sequence of intensifying crises, capitalism has already morphed into a dystopian postmodern, hi-tech version of feudalism. Postcapitalism is, thus, already here. Through art and research, argument and poetry, mέta, the […]
The Eternal Marx: Reviewing Shlomo Avineri’s KARL MARX: PHILOSOPHY & RELIGION
, 04/05/2021
Shlomo Avineri’s recent biography demolishes the charge that Karl Marx was a self-hating anti-Semite. And by dragging Marx, kicking and screaming, back into the Rhinish Jewish community that shaped him, Avineri yields new insights pertinent to today’s global challenges. Shlomo Avineri, Karl Marx: Philosophy and Revolution, Yale University Press, 2019. The problem with egotists is that […]
Identity, solidarity and DiEM25
, 25/01/2021
If I were a transgender person and a bunch of Lefties dared lecture me that the exploitation of factory workers by capitalists is more important than my daily struggle tο function as a transgender person, I would tell them to get lost. No one has the right to tell those who are hurt, terrified, exploited […]
Hoping for a return to normal after Trump? That’s the last thing we need – The GUARDIAN
, 11/11/2020
Normalcy and the restoration of a modicum of decorum to the White House: that is what many elite supporters of Joe Biden hope for now that he has won the election. But the rest of us are turned off by this meagre ambition. Voters who loathe Trump celebrate his loss, but the majority rue the return […]
Why we need a Progressive International that must plan for today and for beyond capitalism – Keynote at the PI 2020 Summit, 18 SEP 2020
, 19/09/2020
Our era will be remembered for the triumphant march of a Twin Authoritarianism in whose wake the vast majority of humanity experience unnecessary hardship and the planet’s ecosystem suffers avoidable climate destruction. For a brief period, that Eric Hobsbawm described as the short 20th Century, Establishment forces were united in dealing with challenges to their […]
Covid-19 has “turbocharged” the EU’s failures – Interviewed by the NEW STATESMAN’s George Eaton
, 12/05/2020
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 […]
DiEM25’s Vision of Europe for the post-Pandemic Era: Some personal thoughts
, 23/04/2020
DiEM25 was created in February 2016 because Europe was disintegrating as a result of a pseudo-technocratic takeover of the EU that was imposing austerity everywhere in response to the financial crisis caused by the EU pseudo-technocracy’s controllers. Today, now that a mindless virus has placed European capitalism in suspended animation, it is time to re-assess […]
Yanis Varoufakis: “Syriza Was a Bigger Blow to the Left Than Thatcher” – JACOBIN
, 11/03/2020
Former Greek finance minister Yanis Varoufakis told Jacobin why he’s publishing his secret recordings of the critical Eurogroup meetings of 2015 — and why the Left around Europe is struggling to overcome Syriza’s disastrous legacy. Yanis Varoufakis during his speech in Hellenic Parliament. Dimitrios Karvountzis / Pacific Press / LightRocket via Getty INTERVIEW BY George […]
Brexit: A rational choice for the wrong reasons? – Financial News & Project Syndicate
, 11/03/2020
The motives and thinking behind Brexit were even less worthy than those behind US President Richard Nixon’s move in 1971 to ditch the Bretton Woods system. But, as with the “Nixon shock,” there is a singular underlying historical factor that explains Brexit. ATHENS – At pivotal historical moments, rational political ruptures often are brought about […]
Coronavirus has sparked a perfect storm of nationalism and financial speculation – THE GUARDIAN
, 09/03/2020
Nationalism and speculation have seldom had a better opportunity to combine forces as the one riding today on the coattails of Covid-19, known as the coronavirus. When Covid-19 leapfrogged from China to Italy, even ardent Europeanists normally appreciative of open borders joined the deafening calls to end freedom of movement across Europe’s national borders – a […]
Yanis Varoufakis and Brian Eno on Money, Power and a Call for Radical Change – video
, 17/02/2020
In November 2019, Intelligence Squared brought to its stage Brian and myself to discuss money, power and the prospects of a form of radical change that makes the world a better place for the many. Quick reminder: Brian and I are amongst the co-founders of DiEM25 – the Democracy in Europe Movement whose campaigns and […]
Euroleaks: Why release? And why now?
, 16/02/2020
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 […]
Should liberal capitalism be saved? Martin Wolf & Yanis Varoufakis debating live
, 09/01/2020
Is capitalism past its due date? Can we even imagine a world without it? On 14th November 2019 Martin Wolf and Yanis Varoufakis debated the question ‘Should liberal capitalism be saved?’. Hosted on November 14, 2019 by the Financial Times to celebrate the Wincott Foundation’s 50th Anniversary, this special live event took the place of […]
Reflections on 2019 – my foreword in THE GUARDIAN BEDSIDE 2019
, 25/12/2019
Every year for nearly 70 years, the Guardian has collected the best of its journalism into a book – the BEDSIDE GUARDIAN. This year, Bedside Guardian 2019 is edited by Aditya Chakrabortty with Paul Johnson, deputy editor, alongside Jonathan Freedland, Zoe Williams Emma Graham-Harrison. The editors were kind enough to ask me to write the Foreword. As it reflects my […]
Labour’s Manifesto is fit for purpose. So, why are the middle classes so hostile to it? THE NEW STATESMAN
, 08/12/2019
What are we to make of a political class that proclaims its ethical commitments but that cannot bring itself to endorse the only concrete actions that would honour them? This general election is unique in ways that transcend Brexit. Over the decades that I have been observing British politics, never before have I witnessed a […]
