The memory of past greatness can be debilitating for a people who feel they have failed to rise to a historic occasion. We Greeks have been burdened by this sensation at various moments in our postwar history: in 1967, when we failed to prevent a military coup; or more recently in 2015, when we allowed […]
Essays
Stagnant Capitalism – Financial News & Project Syndicate
When the Great Depression followed the 1929 stock-market crash, almost everyone acknowledged that capitalism was unstable, unreliable, and prone to stagnation. In the decades that followed, however, that perception changed. Capitalism’s post-war revival, and especially the post-Cold War rush to financialised globalisation, resurrected faith in markets’ self-regulating abilities. Today, a long decade after the 2008 […]
Der Grieche erklärt Europa – Der Spiegel
In der Nachspielzeit, die “Tagesthemen” warten schon, darf Christian Lindner noch einmal seinen Tweet zu den “Profis” erläutern, denen die Sache mit dem Klimawandel überlassen werden müsste. Wer schlechte Zähne habe, der gehe ja auch zum Zahnarzt. [VIDEO LINK] Schon freut sich Lindner über seinen späten Punkt, da umdribbelt plötzlich Yanis Varoufakis eine bereits auf glühenden Kohlen sitzende Anne Will und taucht […]
Pour un New Deal européen – Liberation
A l’approche des élections européennes, le Printemps européen, coalition transnationale de partis de gauche, présente un programme social et écologique pour dépasser le clivage entre populistes et libéraux. Avec des propositions concrètes : plan de transition écologique de 500 milliards d’euros annuels, Assemblée constituante, fonds citoyen financé par les Gafa… Yánis Varoufákis pour un New Deal européen Tribune. L’Union européenne se fracture au moment précis où les Européens ont le plus besoin d’elle. […]
A European Spring is possible – The Nation
The 2008 global financial crisis—the modern 1929 crash—set off a vicious chain reaction across Europe. By 2010 it had irreparably damaged the foundations of the eurozone, causing the establishment to bend its own rules and commit crimes against logic in order to bail out its banker friends. By 2013 the neoliberal ideology that had legitimized […]
EU Court defends the ECB’s right to cover up its illegal closure of Greece’s banks
The European Union Court today delivered its verdict: European citizens cannot be allowed to find out whether the ECB acted legally in closing down Greece’s banks in June 2015. Why? In the wording of the three judges, because such disclosure would affect the ECB’s “space to think in 2015 and also after 2015”. If this sounds […]
The European Spring holds the answer to the fragmenting EU’s plight – The Guardian, 11 MAR 2019
The European Union is fragmenting at a time when Europeans need it the most. Emmanuel Macron is right to point this out. But he is wrong to push another top-down agenda that lacks credibility, fails to speak to European’s concerns, and entrenches the democratic deficit at the heart of the EU. By entrusting Europe’s renewal to its […]
Two replies to Piketty’s critique of our New Deal for Europe
Thomas Piketty recently criticised DiEM25’s New Deal for Europe for relying on new debt, rather than new taxes, to fund green investment. James K. Galbraith and Stuart Holland (my long time collaborators on the New Deal for Europe and the earlier Modest Proposal on which it was founded) have now replied to Piketty’s critique (see […]
Our Plan for a European Spring | DiEM25
The 2008 global financial crisis — the modern 1929 crash — set off a vicious chain reaction across Europe. By 2010 it had irreparably damaged the foundations of the eurozone, causing the establishment to bend its own rules and commit crimes against logic in order to bail out its banker friends. By 2013 the neoliberal ideology […]
German political economy’s two naughty sisters in action, once again – George Krimpas guest post
The lean years are here again, to the apparent satisfaction of Germany’s Finance Minister, a Social Democrat. The rate of growth of the budgetary surplus was declining, therefore restraining expenditure was the prudent attitude, the public must rest assured that over the next few years 25 billion euros will be saved, the chance of a […]
Europe’s Leaders Are Aiding Italy’s Populists – Project Syndicate op-ed
The fact that Italy’s public debt has a lower credit rating than private debt is a reflection not of public debt’s intrinsic inferiority but of a political choice made by European leaders. And, by bolstering an authoritarian politician, that choice is now blowing back on them. ATHENS – Italy is now the frontline in the […]
Britain needs to choose its dominant Brexit strategy – The Telegraph
Imagine that we knew the day of our death. Our lives would change drastically. Though we know we shall surely die, not knowing precisely when the mortal coil will be shuffled off makes all the difference, allowing us to live life productively on a day-by-day basis. For exactly the same reason, the fixed deadline embedded […]
Utopian science fictions legitimising our current dystopia – 2019 Taylor Lecture, Oxford University
The Faculty of Medieval and Modern Languages, Oxford University, kindly invited me to deliver the 2019 Taylor Lecture on 12th February 2019. I chose the topic of Realistic Utopias versus Dystopic Realities – my aim being to highlight the manner in which really-existing capitalism is marketed as a utopian science fiction that has nothing to do with… really-existing capitalism. Behind this elegant utopian […]
Our moment in history, and what must be done. Théâtre du Rond-Point, Paris, Monday 18/2, 20.00
Monday 18 February, 20.00, live from Théâtre du Rond-Point. A discussion between Aude Lancelin and Yanis Varoufakis on politics and philosophy. Follow on @LeMediaTV.
THE ECONOMIST on DiEM25 & the European Spring: “Varoufakis Sans Frontières”
In a warm office in Berlin’s trendy Kreuzberg district, Charlemagne is trying to persuade Yanis Varoufakis that he is a politician. “It’s a necessity. I really dislike running and asking people for votes,” protests the Greek economist when asked about European Spring, his new transnational political party. Does he think of himself as a politician? “No. […]