English
Discussing Trump’s Economic Masterplan with David Marr, on ABC Late Night Live
, 16/04/2025
Economist Yanis Varoufakis says we shouldn’t underestimate Trump – he has a plan to shock the global economy, force foreign countries to buy crypto-currency in return for a deal on tariffs, and ultimately pay down debt and keep the US dollar at the centre of the global financial system. But it’s a high risk strategy […]
NEOLIBERALISM IS DEAD. SAY HELLO TO TECHLORDISM
, 15/04/2025
After 1971, neoliberalism was an ideology essential in legitimising the emancipation of financial capital from the regulatory shackles of the New Deal and the post-war Bretton Woods system. Today, a new form of capital is on the ascendancy and needs its own ideology to be fully liberated: cloud capital. Cloud capital has created a new […]
‘Democracy under fire’: My remarks at the London Press Conference on the Vanishing Right to Protest (11-4-2025) alongside Juliet Stevenson, Holocaust survivor Stephen Kapos, Jeremy Corbyn, Chris Nineham and Ben Jamal
, 13/04/2025
We are here today because democracy is on death row, because the treasured right to dissent is at gunpoint, because your capacity to do journalism is under fire. I remember when I came to Britain as a student in 1978 how overjoyed I was to be in a country where I felt safe from the […]
Yanis Varoufakis on Tony Benn’s legacy – 11 APRIL 2025, audio
, 13/04/2025
On 11th April 2025, Melissa Benn, Jeremy Corbyn and Yanis Varoufakis addressed an audience at the University of Westminster dedicated to the memory of Tony Benn – almost 100 years from his birth. This is what Yanis had to say about Tony’s legacy at that event. (Click icon above for audio)
On the political economics and the history behind Donald Trump’s tariff war – Politics JOE
, 09/04/2025
In this interview with Oli Dugmore, for Politics JOE, I had a chance to lay out – in around 30 minutes – the political economics and economic history behind Donald Trump’s tariff war. As I said to Oli, those of us who oppose Trump have a duty to understand what his team are up to […]
Forget shares, bonds and tariffs. Here is what you should really worry about
, 09/04/2025
While waiting for the EU’s response to the Trump Shock (don’t hold your breath for evidence of intelligent life from Brussels…), those of you who really want to worry about something big, turn your attentions to perhaps the largest threat for the status quo – greater than tariffs, equities, bond prices etc. What is that? […]
Should Le Pen be barred? What is the Left’s right answer on this conundrum?
, 09/04/2025
This is a crucial conversation to have in general, not particularly about Marine Le Pen. It is about the principled position that the democratic Left must take on the question of who has the right to remove the political rights (the right to vote and to seek votes) of whom. We know what can happen […]
How will Europe, Britain & China react to the Trump shock: On TIMES Radio & Unherd’s Undercurrents
, 03/04/2025
In this interview, I argue that how Trump’s Shock pans out will largely depend on whether Europe and China will act in concert or turn against one another. As for the UK, Trump has given Brexit a major boost. And here is another interview with Emily Jeshinsky of Unherd’s Undercurrents on the same subject: Trump’s […]
Will the Trump Shock prove as momentous as the Nixon Shock? UNHERD op-ed & on BBC tv
, 03/04/2025
“My philosophy, Mr President, is that all foreigners are out to screw us and it’s our job to screw them first.” With these words, the US Treasury Secretary convinced the President to deliver a colossal shock to the global economy. In the words of one of the President’s men, the objective was to trigger “a […]
The Case Against European Rearmament – Project Syndicate op-ed
, 25/03/2025
If we truly want to strengthen Europe, the first step is not to rearm. It is to forge the democratic union without which stagnation will continue to erode Europe’s capacities, rendering it unable to rebuild what is left of Ukraine once Vladimir Putin is finished with it. ATHENS – Inducting Ukraine into NATO after forcing […]
Goodbye, LINKE!
, 22/03/2025
In its quest to become a ‘normal’, ‘acceptable’ party, Die Linke has joined the warmongering radical centrists in their rearmament folly This past week was one for the history books. The German parliament amended the constitutional debt brake so as to enable unlimited military spending, irrespectively of how deeply into the red it will push […]
Crypto’s role in Trump’s economic masterplan (with special emphasis on stablecoins) – UNHERD
, 19/03/2025
After dismissing Bitcoin as a scam during his first White House stint, Trump warmed to cryptocurrencies during his re-election campaign. To complete his conversion, on the 6th of March the 47th President signed an executive order to set up a “Strategic Bitcoin Reserve and a US Digital Asset Stockpile”. The United States government sensibly stockpiles […]
Stand with South Africa against Trump’s wrath – Globe&Mail op-ed
, 18/03/2025
When the powerful punish the principled, we glimpse the unmasked face of empire. Donald Trump’s vindictive executive order denying aid to South Africa — punishment for its support of Palestine and pursuit of land reform — offers precisely such a moment of clarity. The contours of our new global struggle are now etched with brutal […]
Liberals should be outraged by Cǎlin Georgescu’s election ban – UNHERD
, 11/03/2025
Whatever happened to the notion that, faced with the enemies of democracy, we should fight their ideas but, equally, for their right to express them? The answer, unfortunately, is that it died an ignominious death on Sunday, as Romania’s Central Electoral Bureau, with the full support of the European Union’s liberal establishment, banned far-Right candidate Cǎlin Georgescu […]
WTF happened to Europe? Speech at DiEM25’s Brussels Event (National Theatre, 7th March 2025)
, 10/03/2025
Good evening Brussels! We once had a dream. It was a dream of what Europe could have been. A Europe of shared prosperity, dignity, freedom – a Europe of Peace and Hope. That dream is now dead, lost, gone, kaput. Why? What the hell happened to Europe? We know what happened to Europe! We know […]
Trump’s tariff chaos explained – TIMES RADIO
, 09/03/2025
“He wants to reduce the value of the dollar… in order to make American exports more competitive and imports into the United States more expensive. At the same time he wants to maintain the hegemony of the dollar.” Yanis Varoufakis explains the secret behind Trump’s tariff strategy, and his new obsession with cryptocurrency. This interview […]
Ukraine, Europe, China and Technofeudalism – in conversation with Cyrus Janssen
, 01/03/2025
Donald Trump has upended the narrative on the Ukraine War. But what does it mean for the future of Europe? Plus a lot more on NATO, China, the US dollar, technofeudalism and our duty to stop the Palestinian genocide while fighting antisemitism. 0:00 – Intro to Yanis Varoufakis 2:26 – Did Ukraine Lose the War? […]
Trump, Europe’s Collapse & Why Liberals Keep Losing – interviewed by Rania Khalek
, 25/02/2025
Trump’s return isn’t just chaos, it’s a calculated strategy. While liberals dismiss him, Trump understands raw economic power in a way centrists fail to grasp. What is his master plan, and how could it backfire? Meanwhile, Musk & other billionaires are the new ruling class. As capitalism dies, we enter technofeudalism, where corporate overlords control […]
The sordid paradox that was the 2025 German federal election – Euronews
, 24/02/2025
This German federal election is a paradox: Simultaneously irrelevant – in the sense that it will result into another variant of the same, quasi permanent, coalition of Christian & Social Democrats, perhaps with a splattering of the pseudo-Greens – the same coalition that put Germany on the road to a secular slump, will continue to […]
Europe in the Post-Atlanticist Era – The Guardian
, 21/02/2025
JD Vance, the US Vice President, told Europeans that their values are no longer America’s values. Pete Hegseth, the US Defence Secretary, added that Europeans “can’t make an assumption that America’s presence will last forever.” Keith Kellog, Trump’s special envoy for Ukraine and Russia, confirmed that Europe will not have a seat at the table […]
Donald Trump’s economic masterplan – UNHERD
, 21/02/2025
Faced with President Trump’s economic moves, his centrist critics oscillate between desperation and a touching faith that his tariff frenzy will fizzle out. They assume that Trump will huff and puff until reality exposes the emptiness of his economic rationale. They have not been paying attention: Trump’s tariff fixation is part of a global economic […]
How Europe succumbed to the US & the financial sector and now fights their wars
, 21/02/2025
Jakob de Jonge sits down with Yanis Varoufakis to discuss the structural flaws of the European Union, the rise of warmongering, and the complicity of Europe’s political mindset in the genocide in Gaza. What is the path forward? Varoufakis argues that resistance is not only necessary—it is both meaningful and, as he puts it, “fun […]
Europe’s Self-Betrayal: War, Austerity, Palestine and the Struggle for Peace – Munich Speech, 15-2-2025
, 21/02/2025
Friends, Germans, citizens from all over, sisters and brothers. We once had a dream. It was the dream of what Europe could have been: Not a single market, a single currency or a common budget. No, we dreamt of Europe as a Peace with Justice Project. That dream has gone, it evaporated in the cold […]
The Argentinian President’s crypto scam exploited the dangerous illusion of apolitical money
, 21/02/2025
On Friday 14th February, President Milei of Argentina tweeted about the $LIBRA coin, encouraging his followers to buy it on the grounds that it would “help fund small businesses and start-ups”. As if that weren’t enough, he shared a link for people to buy it online. Naturally, within a few hours, $LIBRA’s price shot up. […]