Adults in the Room DiEM25 English European New Deal Interviews Radio US edition

Yanis Varoufakis & James K. Galbraith on Democracy & DiEM25 (the Democracy in Europe Movement), in conversation with KUT’s Rebecca McInroy,

Listen to this insightful one hour-long discussion on democracy’s discontents in Europe and the United States between two economists who, in 2015, worked together to restore democracy in a small European country while helping its people escape debt-bondage. Here they discuss those events as well as the Democracy in Europe Movement (DiEM25) that is now taking […]

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Why Europe Needs a New Deal, Not Breakup – op-ed in The Nation, with James K. Galbraith

The American New Deal of Franklin Roosevelt’s first two terms combined the goals of financial stabilization, reconstruction, conservation, and employment—jobs for the jobless; public works; power systems and new industries, especially in the South; soil conservation and reforestation to battle the Dust Bowl; and a potent mix of regulations and insurance to assert public power […]

Adults in the Room DiEM25 English European New Deal Project Syndicate Video

On negotiating with the EU & fiscal money – with Anatole Kaletsky & journalists from El Pais, Handelsblatt – Project Syndicate video

Yanis Varoufakis  discusses how to negotiate with the EU and his proposal to introduce fiscal money with Anatole Kaletsky, Co-Chairman of Gavekal Draganomics, David Alandete, Managing Editor of El Pais, and Torsten Riecke, Handelsblatt’s international correspondent.

DiEM25 English European New Deal Op-ed Politics and Economics Project Syndicate

The Promise of Fiscal Money – Project Syndicate op-ed

ATHENS – Western capitalism has few sacred cows left. It is time to question one of them: the independence of central banks from elected governments. The rationale for entrusting monetary policy fully to central banks is well understood: politicians, overly tempted during the electoral cycle to create more money, pose a threat to economic stability. […]

And the Weak Suffer What They Must? - the book English European New Deal Modest Proposal Op-ed Project Syndicate

Europe’s Gradualist Fallacy – Project Syndicate op-ed

ATHENS – Europe is at the mercy of a common currency that not only was unnecessary for European integration, but that is actually undermining the European Union itself. So what should be done about a currency without a state to back it – or about the 19 European states without a currency that they control? […]

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DiEM25’s New Deal for Greece

Yesterday, the Eurogroup came up with another fudge, another extend-and-pretend loan tranche, for Greece. It is, as this annotated version of the Eurogroup statement explains, a further boost to Greece’s never-ending crisis. Greece’s creditors, the EU and the IMF, are refusing even to discuss Greece’s recovery, Greece’s escape from debtor’s prison. So, what should be done? DiEM25 […]

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How to build a democratic Europe in a post-Brexit landscape – interviewed for Jacobin by Doug Henwood

Yanis Varoufakis negotiated with the EU elite over the Greek bailout, witnessed firsthand the callous mathematics used to keep the union together. Today — after OXI, after Brexit, and after Trump — he and his comrades in DiEM25 are calling for a New Deal for Europe: a plan that can stabilize the European Union and […]