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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 […]

, 18/09/2022

Greeks and other southern Europeans could now be feeling schadenfreude as Germany faces the collapse of its economic model in the face of the Ukraine war and the new cold war with China. But with a democratic Europe in the balance, this is no time to gloat. ATHENS – It is never easy to wake […]

Tι θα έπρεπε να κάνει η ΕΚΤ, το οποίο αρνείται να κάνει – Σχόλιο της Les Echos σε συνέντευξή μου στην Le Temps

, 20/06/2022

Με άρθρο του στη γαλλική εφημερίδα «Les Echos» ο Pierre Demoux σχολίασε την κριτική που έκανε σε συνέντευξή του στην ελβετική εφημερίδα «Le Temps» ο «αντικομφορμιστής πρώην υπουργός Οικονομικών της Ελλάδος», όπως χαρακτηριστικά αναφέρει, Γραμματέας του ΜέΡΑ25, Γιάνης Βαρουφάκης, αναφορικά με την ανακοίνωση της Ευρωπαϊκής Κεντρικής Τράπεζας για σταδιακή αύξηση των επιτοκίων. Συγκεκριμένα, αναφέρει το άρθρο, […]

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, […]

My reply to the Charge of Westsplaining Eastern Europeans

, 23/03/2022

The horrific war Putin unleashed against Ukraine has also caused collateral damage within the ranks of the left. No sooner had I, and other DiEM25 comrades (including Noam Chomsky and Naomi Klein), began campaigning for a peaceful resolution of the war based on the principle of an independent but neutral Ukraine than a charge of […]

What we must do in the face of Putin’s criminal invasion of Ukraine – a personal view plus a heartwarming Manifesto by Russian comrades

, 05/03/2022

When a country or region is invaded, I am overcome by one duty: To take the side of the people facing troops with direct orders to violate their homes, to bombard their neighbourhoods, to destroy the circumstances of their lives. Without hesitation. Unconditionally. When I see civilians in Kharkiv or Kiyv preparing Molotov cocktails with […]

Putin’s criminal invasion, Europe’s response, America’s role – AVVENIRE interview (English version)

, 05/03/2022

Avvenire wanted to know my opinion of Putin, of his invasion, of Europe’s and America’s role, of what this war means for Europe and, of course, they wanted me to explain my support for a diplomatic solution based on the idea of an independent, free, neutral Ukraine. Here is the original English text. What is […]

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 […]

The causes of inflation and what to do about it – Keynote at Banking Conference, Sofia 2 DEC 2021

, 26/01/2022

Invited by the Bulgarian Central Bank’s Deputy Governor, here is a keynote I delivered in Sofia, on 2nd December 2021, in which I offer a historical  explanation of the nature and causes of our current inflation – as well as a proposed policy response that would help (but which vested interests are impeding).

The State of the Global Economy under the heavy burden of twelve lost years – Keynote (audio + text)

, 21/01/2022

A keynote summing up my view that, since 2009, the world has wasted enormous resources in a bid to re-float finance and at the expense of our capacity to look after each other, and the planet, at a time humanity is facing existential threats – from climate catastrophe to war and toxic politics. My discussants […]

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, […]

MERA25: DiEM25’s new German (!) Party is now a reality

, 27/12/2021

You may have heard of MeRA25, the first political party that DiEM25 created in Greece – and which entered Greek Parliament in July 2019. Well, true to our ambitious transnational agenda, DiEM25 took matters further: We recently established MERA25 as a… German political party that is now legally and organisationally ready and willing to contest […]

Rosemary Bechler (1951-2021) – A wonderful life, a tower of intellect, a beautiful heart and the ideal comrade for all of us at DiEM25 and beyond

, 27/12/2021

“Such a relief to be working on this with you guys … all the best and sleep much better for all this classy political activity! As I will now!” That was the last email I received from her. The campaign that she referred to was DiEM25’s recent, and very successful, crusade to save the NHS […]

Julian’s extradition marks a Dark Day for British Justice

, 10/12/2021

With its decision to extradite Julian Assange to the United States, Britain’s High Court wasted a precious opportunity to save what is left of the honour of Britain’s courts after so many years of their complicity in the slow murder of a man whose only crime was to reveal our governments’ crimes against humanity. From […]

Μελανή μέρα για την Βρετανική Δικαιοσύνη

, 10/12/2021

Με την απόφασή του υπέρ της έκδοσης του Τζούλιαν Ασανζ στις ΗΠΑ, το Ανώτατο Δικαστηρίο της Βρετανίας έχασε μοναδική ευκαιρία να διασώσει την τιμή και την υπόληψη της Βρετανικής δικαιοσύνης μετά από τόσα χρόνια συνενοχής της στην προσπάθεια εξόντωσης, δολοφονίας ουσιαστικά, ενός ανθρώπου του οποίου το μόνο «έγκλημα» ήταν να μας διαφωτίσει για τα εγκλήματα […]

With Phillip Adams on Late Night Live (ABC RN) talking about the hollow promise of 2021, Merkel, Zuckerberg, DiEM25 and… my dad

, 06/12/2021

End of the year, yes, a perfect time to look back to 2021 and its betrayed, hollow promises. Here, on ABC Radio National’s Late Night Live, I am chatting with Phillip Adams (DiEM25’s honorary member) the motivated fiasco that was Cop26, Angela Merkel’s peculiar failure, China, Zuckerberg and, yes, my… dad. Thanks Phillip

DiEM25 is radicalising, seizing the moment, upping our game. Join us?

, 22/11/2021

A message for DiEM25 members: We are on the cusp for our paneuropean movement’s second, more radical, terribly necessary phase. Are you in? DiEM25 is your movement. Existing members, please go to https://diem25.org/YESlets to let us know that you’re in. Everyone else, you can get a full membership at https://internal.diem25.org/users/sig…

Visionary realism : Chatting with Noam Chomsky & Ann Pettifor on a green future beyond capitalism

, 17/11/2021

The context is the fraud and fiasco also known as Cop26. The frame is DiEM25’s COP-OFF video chats. And the purpose is to discuss whether there was ever a possibility of Cop26 yielding a significant prospect for a timely green transition. In this discussion Noam, Ann and I agree: Yes, the Green New Deal is […]

LA STAMPA interview on the Italian edition of ANOTHER NOW: From Marinnetti & the Sex Pistols to Hephaestus & favourite books

, 17/11/2021

On the occasion of the publication of my ANOTHER NOW in Italian (Un Altro Presente), La Stampa put to me some quirky and irreverent questions. Just in case you wanted to read them, and my answers, in the English original, here they are. Have fun! Marinetti and the Sex Pistols are milestones for Costa: is […]

What’s behind the Cop26 fraud? – The Guardian

, 16/11/2021

There are three reasons Cop26 proved such a spectacular debacle: A planet-wide collective action problem over “free-riding”. A global coordination failure. And… capitalism! “Make no mistake, the money is here, if the world wants to use it,” said Mark Carney, the former Bank of England Governor who today serves as UN climate envoy while also representing […]

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