Loading...

Rishi Sunak’s ‘grown-up’ austerity is designed to keep zombie capitalism alive

, 10/11/2022

The demise of Trussonomics was a welcome victory for decency and common sense in a minor battle within a broader class war. Sadly, the class that Liz Truss tried to bolster with copious tax and regulatory gifts will win this war by deploying an even nastier, blunter, dirtier weapon: austerity. Britain’s wealthy owe a debt […]

Should electricity markets be reformed or disbanded? My debate with Michael Liebreich on Cleaning Up

, 01/11/2022

The other day, Michael Liebreich and I had a lively discussion on his CleaningUp podcast provoked by my call “to blow up the electricity markets”. It was fun but, of course, fell short of a comprehensive analysis of the complex issues pertaining to the political economy of electricity generation and distribution. Following our debate, Michael […]

Comradely disagreements between progressives over Ukraine & the New Cold War – Reply to Anthony Barnett

, 12/10/2022

Anthony Burnett, a friend, comrade and collaborator, just published an article in openDemocracy, a splendid and much loved source of progressive ideas and material, to which he alerted me in a mail reading: “Dear Yanis, we disagree but in solidarity!” Since Anthony’s article mentions me, along with Jeremy Corbyn, in its subtitle, here I am, […]

Trickle-down Truss is carrying on the dirty work of Thatcher, Blair and Osborne – THE GUARDIAN

, 01/10/2022

If Kwasi Kwarteng’s mini-budget survives the storm it triggered, a banker on a million-pound annual salary stands to receive £50,000 of income tax relief – on top of the extra bonuses the bank can throw in, now that the Liz Truss government has removed the cap on them. Meanwhile, a Deliveroo rider gets a pep […]

Zombie capitalism is unravelling – THE NEW STATESMAN

, 29/09/2022

This is no sterling crisis. It is a crisis of British capitalism caused by 40 years of underinvestment and deindustrialisation, exacerbated by chronic reliance on speculative bubbles and triggered by Liz Truss’s extravagant kindness to Britain’s wealthy. While all eyes are on the fall of the pound, the real drama revolves around the Bank of England’s […]

Europe’s electricity market: the scam of the century? – Video

, 21/09/2022

Every fortnight, DiEM25’s coordinating team livestreams our internal discussions of topics central to Europe’s and the world’s current predicament. On 8th September 2022 we discussed the electricity price hikes that, like a wrecking ball, are destroying what is left of Europe’s sustainability as an economic and social entity. Here is a clip of my analysis […]

Chatting with Owen Jones on Rwanda, Brexit, Keir Starmer, Assange, Melenchon, Ukraine and Paul Mason – video

, 20/06/2022

We had a lot to talk about: Britain’s deporting of refugees to Rwanda, how Boris Johnson’s ‘oven-cooked’ Brexit deal is unravelling, Keir Starmer’s dishonest leadership of the Labour party, the political situation in Spain, the revival of the French left, how the horror of the Ukraine war can end, the extradition of Julian Assange, and […]

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, […]

How the euro divided Europe, and why countries like Bulgaria should not join – Project Syndicate, Oxford Union video & Keynote audio

, 26/01/2022

This January marked the 20th anniversary of euro notes and coins circulating. In an op-ed published by Project Syndicate I argue that the euro was an unmitigated failure even by the criteria of its architects. This is an updated analysis of a keynote I delivered a few years ago at the Oxford Union – see […]

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, […]

What’s behind our #yourNHSneedsYou campaign: DiEM25 ushering in a new way of doing progressive politics – The New Statesman

, 06/11/2021

A new campaign to save the NHS from privatisation-from-within (#yourNHSneedsYou) is going from strength to strength  in the UK. In this New Statesman article,  Yanis Varoufakis, Nathalie Bennett and John McDonnell explain why and how the NHS is being eaten up from within by Big Tech, Big Pharma and Big Business more generally. What makes […]

Hypatia: my choice of a great life to re-visit and celebrate – on BBC Radio 4’s Great Lives

, 27/09/2021

When I was still in primary school, I sought my mum’s help in countering a friend’s bigoted assertion that “women are useless”, which he had based on the fact that our teachers never mentioned a single woman mathematician or scientist. My mum’s reply came immediately: Hypatia! So, when the producers of BBC Radio 4’s Great […]

Gillian Tett & Yanis Varoufakis, through their books Anthrovision & Another Now, revisit capitalism – An IQ2 event, live and in situ, Union Chapel, London, Monday 4th Oct 2021

, 20/09/2021

SPEAKERS Yanis Varoufakis: Greek MP & former finance minister of Greece and author of Another Now: Dispatches from an Alternative Present Gillian Tett: Chairman of the US editorial board and U.S editor-at-large at the Financial Times Gillian Tett is the pioneering columnist who has spent the last decade documenting the rise of ‘conscious capitalism’, a movement led […]

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 […]

Discussing the Great Sausage War, Foreign Aid, Lockdowns & Taking the Knee on BBC-TV’s Question Time – 10 JUNE 2021

, 11/06/2021

Fiona Bruce presents an hour of topical debate with a virtual audience from around the UK. On the panel: Gillian Keegan MP, minister for apprenticeships and skills, Conservative; Lucy Powell MP, shadow secretary of state for housing, Labour; Yanis Varoufakis, economist, author, former finance minister of Greece, member of the Greek parliament and founder of […]

Debating the EU with Douglas Murray on UNHERD – video

, 16/05/2021

“The EU has had a difficult pandemic. A slow procurement of vaccines, followed by a botched rollout, and blame-shifting by its leaders has drawn together critics from all politics stripes. Two of unlikely bedfellows from very different political traditions, Douglas Murray and Yanis Varoufakis, joined Freddie Sayers for a discussion about the bloc at an […]

In support of Ken Loach in the face of absurd accusations of antisemitism

, 16/02/2021

So, it’s come to that: Ken Loach is now the target of a character assassination campaign waged by those who will stop at nothing to shield the Apartheid policies of Israel. Their message to people of good conscience is simple: Unless you too want to be tainted as an antisemite, keep quiet about the crimes […]

“The EU after Brexit” Keynote followed by a conversation with Norman Lamont – 27th January 2021

, 20/01/2021

In this keynote, organised by the Economics Research Council, I shall discuss, and re-assess, the deeper forces leading to Brexit. Moving beyond the myth of it as the manifestation of some British idiosyncrasy, I shall trace its causes in a fundamental incompatibility between British and Continental capitalism which the financial crisis of 2008 brought to […]

A free Central Bank account for all would be a good start for a revamped monetary system – WIRED

, 27/11/2020

Imagine that the Bank of England were to create a free bank account for everyone. Overnight, it would be far better placed to regulate the money supply in the public interest. Moreover, to stay in business, commercial banks would have to seriously raise their game. In times of trouble, such as the current pandemic, the […]

Brian Eno’s take on the US Presidential Election result

, 10/11/2020

Once again, Brian and I are singing from the same hymn sheet – just as we did on the day after the Brexit referendum, the last UK General Election etc. Having  just received an email containing his gut feeling about the next four years in the US, I thought I should share it with you. […]

Owen Jones & Yanis Varoufakis to discuss Labour’s 2019 electoral defeat in the context of Owen’s recent book – 7 NOV 2020

, 18/10/2020

The global crisis of COVID-19 presents an opportunity for a radical rethink of Britain as we know it. Join two icons of the Left as they imagine a future for progressive politics. Whether exposing Britain’s powerful elites in The Establishment or defending the white working class in Chavs, fighting for equality and social justice as a Guardian columnist and broadcaster, […]

Cookies help us deliver our services. By using our services, you agree to our use of cookies. More Information