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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 […]

Assessing the Biden Presidency one year after his election – Rick Wolf & Yanis Varoufakis

, 06/11/2021

In this edition of THE INTERNATIONALIST, following news from the global struggle against reactionaries, Rick Wolf and I discuss the US situation (from the 8th minute onwards). Yes, it has been one year since Joe Biden came into office. While he is at COP26 making weak and unconvincing commitments on the climate, the global crisis […]

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 […]

Can capitalism be fixed? An Intelligence Squared debate between Gillian Tett (Yes!) and Yanis Varoufakis (No!)

, 06/11/2021

Gillian Tett, the Financial Times Chair of the Editorial Board & Editor-at-large, believes that capitalism can be fixed, through copious regulation and institutional interventions. I, on the other hand, not only think that capitalism cannot be fixed but, additionally, that capitalism has made itself irrelevant through a surreptitious transformation into a new version of the […]

Star Trek vs The Matrix: Chatting with Briahna Joy Gray about my ANOTHER NOW on BAD FAITH

, 06/11/2021

Truly enjoyed this chat with Briahna Joy Gray which began with a discussion of my novel ANOTHER NOW, and the question of what a non-capitalist world could look like in the here and now, and drifted nicely to our favourite show, Star Trek – the ultimate depiction of a liberal communism worth working towards; which […]

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 […]

ANOTHER NOW: Socialist Alternatives to Capitalism Explored in New Novel – On Democracy Now!, with Amy Goodman

, 11/10/2021

In an extended interview with Yanis Varoufakis, member of the Greek Parliament and former finance minister of Greece, we discuss his new novel, “Another Now,” and why he chose to write fiction after years of nonfiction. “All my life as a lefty, I had to find ways of escaping the poignant question: ‘If you don’t like […]

On Merkel’s Legacy, European Politics & the “Sordid Arms Race” on the Seas – On Democracy Now, with Amy Goodman

, 11/10/2021

The centre-left Social Democratic Party in Germany has narrowly claimed victory in an election that marks an end to the 16-year era of Angela Merkel’s conservative chancellorship. We look at what this means for Europe and the world with Yanis Varoufakis, a member of the Greek Parliament and the former finance minister of Greece. The […]

George Varoufakis (1925-2021)

, 30/09/2021

Shortly after midnight, on 29th September, George Varoufakis died. He was born in Cairo, Egypt in June 1925 where he finished his high school studies at the Ambetio School. After graduating, he worked at a branch of a Greek bank in Cairo before coming to Athens in 1946 to enrol in the Department of Chemistry […]

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 […]

Angela Merkel’s austerity condemned Europe and Germany to decline – The New Statesman

, 28/09/2021

At the height of the eurozone crisis, one of Angela Merkel’s close advisers explained to me her driving ambition: to bequeath to her successor a stronger chancellery than she inherited. If so, as Merkel prepares to retire, she should be delighted. Germany’s trade surpluses, and thus political clout, are far greater now than when she took office […]

ANOTHER NOW – Interviewed by Radio New Zealand

, 27/09/2021

A well-known critic of the neoliberal world order, economist Yanis Varoufakis believes capitalism has become ‘techno-feudalism’ – with tech companies and Covid making the rich even richer and the poor poorer. But he also believes there is a democratic socialist alternative, which he presents in his 2020 novel Another Now: Dispatches  from an Alternative Present. Varoufakis asks […]

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 […]

My farewell to Mikis Theodorakis – Der Freitag

, 09/09/2021

I must have been 6 or 7 years-old when I got whiff of the significance of Theodorakis’ music. It was around 1968 when my parents warned me not to tell anyone at school or in the neighbourhood that they owned records of his – and certainly not to admit that we listened to them. “Even […]

Remembering Mikis Theodorakis – BBC Radio 4, The World Tonight

, 03/09/2021

My first inkling that his music was significant was when my parents warned me – I must have been 6 or 7 yrs old – that merely whistling a Theodorakis tune was an arrestable offence – such was the fear that his music caused in the minds of our fascist rulers during the awful dictatorship […]

Star Trek versus Imperialist Doctrine – Common Dreams & Project Syndicate

, 31/08/2021

America’s liberal imperialist doctrine has been responsible for appalling carnage in places like Vietnam, Iraq, and Central America. But America has also produced a liberal anti-imperialist doctrine that remains ensconced in a TV series that has been captivating US audiences since 1966. ATHENS – On February 9, 1967, hours after the US Air Force pounded […]

Lessons from this summer’s calamitous Greek forests inferno – The Guardian

, 31/08/2021

After the second world war, Greece’s countryside experienced two debilitating human surges – an exodus of villagers, then a most peculiar human invasion of its fringes. These two surges, aided by a weak state and abetted by the climate crisis, have turned the low-level drama of naturally redemptive forest fires into this summer’s heart-wrenching catastrophe. […]

Barcelona City Council’s fight to shield flamingoes from rent-seeking flights of fancy: An excellent case study in municipalism vs corporate greed

, 05/08/2021

Covid-19 forced billions of humans to re-assess the way we live, work and travel. Monstrous wildfires (from British Columbia to Greece and Croatia) and murderous floods (e.g. Germany) have confirmed that which we should have known: We, humans, have damaged the planet, possibly, beyond repair. Against this background, it is heartbreaking to observe how our […]

What is money, really? And why Bitcoin is not the answer (even if blockchain is brilliant & potentially helpful in democratising money)

, 02/08/2021

Recently, I argued that a central bank cryptocurrency can be a useful tool in the struggle to democratise money. Such a tool is, of course, not enough. The main task in democratising money is first to democratise the central bank – before deploying useful instruments like a central bank cryptocurrency. As many readers (correctly) pointed […]

A central bank cryptocurrency to democratise money – Project Syndicate & Jordan Times

, 02/08/2021

The history of money has been the history of the struggles to control the payment system and the money tree. Today, with control over both resting in the hands of bankers, central banks’ efforts to boost business end up amplifying inequality while failing to address either economic stagnation or the looming climate disaster. The time […]

What political lessons can we learn from football? A lively chat with Brian Eno, Ken Loach & Roger Waters (plus a short text on the politics of football)

, 16/07/2021

On this, the 6th edition of LET’S TALK IT OVER, the whole gang (Brian Eno, Ken Loach, Yanis Varoufakis & Roger Waters, chaired as always by Frank Barat) is on stage – to chat about lessons progressives must/can learn from… football. It turned out a fun, and possibly, insightful, hour. Whatever the quality of our […]

Central bank independence is a myth. What about green central banking? – op-ed in Green Central Banking

, 10/07/2021

Last week the ECB announced its new policy of ‘going green’. How can a conventional central bank do this? Only by discriminating against bonds and equities issued by companies damaging the environment that it accepts as collateral, or which it buys, in return for loans ‘greening’ its  purchase/acceptance policy. Is ‘green central banking’ a move […]

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