Democratise the Euro! Digital Economies/Money English Op-ed Postcapitalism Project Syndicate Technofeudalism

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

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 […]

DiEM25 English Essays European New Deal Op-ed Νέα Ευρωπαϊκή Συμφωνία

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

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 […]

Box0_TOP_ENG English Op-ed Politics and Economics Project Syndicate Technofeudalism

Techno-Feudalism Is Taking Over – Project Syndicate op-ed

This is how capitalism ends: not with a revolutionary bang, but with an evolutionary whimper. Just as it displaced feudalism gradually, surreptitiously, until one day the bulk of human relations were market-based and feudalism was swept away, so capitalism today is being toppled by a new economic mode: techno-feudalism. This is a large claim that […]

Box1_ENG Brexit DiEM25 DiEM25 UK English Interviews The New Statesman Video

Revisiting the causes & effects of Brexit – New Statesman video interview

Here I am conversing with New Statesman’s George Eaton, reflecting on five years since the EU referendum, Scottish independence, a UK progressive alliance, and whether the EU can stay relevant post Brexit.  Lest I be misunderstood, viz the New Statesman’s title: Given the EU’s post-2008 trajectory, & its behaviour more recently, if I were a […]

AUSTERITY - Vintage minis English Op-ed Politics and Economics Project Syndicate

Austerity’s hidden purpose – Project Syndicate/Katmandu Post

Back in the 1830s, Thomas Peel decided to migrate from England to the Swan River in Western Australia. A man of means, Peel took along, besides his family, ‘300 persons of the working class, men, women, and children,’ as well as ‘means of subsistence and production to the amount of £50,000.’ But soon after arrival, […]

English Op-ed Politics and Economics Project Syndicate

Football Takes Capitalism Out of Bounds – Project Syndicate

Europe has discovered its moral Rubicon, the frontier beyond which commodification becomes intolerable. The line in the sand that Europeans refuse to cross, come what may, has just been drawn. We bowed to bankers who almost blew up capitalism, bailing them out at the expense of our weakest citizens. We turned a blind eye to […]

DiEM25 English European Crisis Op-ed Politics and Economics Project Syndicate

A Covid-19 counterfactual for Europe – Project Syndicate

Imagine that the coronavirus pandemic, rather than undermining confidence in the European Union, had strengthened it. Imagine that Covid-19 had persuaded EU leaders to overcome years of acrimony and fragmentation. Imagine that it had catalysed the emergence this year of a stronger, more integrated bloc to which the world looked for global leadership. Imagine. It […]

DiEM25 DiEM25 Italia DiEM25's Covid-19 Policy Response English European Crisis La Stampa

Draghi’s outrageous deployment of McKinsey, Europe’s predicament, DiEM25’s proposals – La Stampa

Last week, upon hearing that Mario Draghi, as Italy’s new PM, employed McKinsey to advise the government on how to spend the billions of the EU Recovery Fund, I tweeted, in anger and frustration: So predictable, so sad: Mario Draghi hired McKinsey to ‘organise’ Italy’s distribution of the Recovery Fund monies. What next? Get the […]

English Op-ed Politics and Economics Project Syndicate

The Goldilocks Stimulus Myth – Project Syndicate, The Kathmandu Post

Both supporters and critics of US President Joe Biden’s $1.9 trillion stimulus plan assume that there is a dollar amount that is just right. In fact, no such figure exists: every possible stimulus size is simultaneously too little and too big. ATHENS – US President Joe Biden, facing the great challenge of stimulating his country’s […]

Al Jazeera English Interviews Postcapitalism TV Video

Capitalism has become Technofeudalism | UpFront interview on Al Jazeera

A recent Oxfam study found that since the start of the coronavirus pandemic, the world’s richest 10 billionaires have seen a wealth increase of half a trillion dollars – enough to pay for every person on the planet to get a vaccine. In this UpFront special, Marc Lamont Hill discusses with economist and former Greek […]

Box0_TOP_GRE The New Statesman Ελληνικά

Η ανοσία στη Δημοκρατία ως η ρίζα των αστοχιών της ΕΕ – The New Statesman

Το άρθρο πρωτοδημοσιεύτηκε στον New Statesman την 3η Φεβρουαρίου 2021 και παρουσάζεται εδώ σε μετάφραση της Ασπασίας Φεγγούλη. Προέκυψε από πρόσκληση του αρχισυντάκτη του New Statesman να σχολιάσω το εμβολιαστικό φιάσκο της ΕΕ .  Από την άρνηση της πραγματικότητας στην απρόθυμη αποδοχή, από την απρόθυμη αποδοχή στις σημαντικές παρεμβάσεις και από κει στην πανωλεθρία: αυτή […]

Box0_TOP_ENG DiEM25 DiEM25's Covid-19 Policy Response English Essays Op-ed The New Statesman

The EU’s multiple failures are due to its immunity to democracy – The New Statesman

From denial, to grudging acceptance, to substantial intervention, to debacle: that was the European Union’s trajectory once the storm that nearly consumed Wall Street in 2008 had crossed the Atlantic, starting the euro crisis. Twelve years later, the EU’s reaction to Covid-19’s arrival is following an ominously comparable trajectory. Eurosceptics take aim at the EU’s […]

English Interviews Newsweek North America

Trumpism after Trump – NEWSWEEK magazine, interviewed by Basit Mahmood

He’s been described as the George Clooney of the government, a rockstar politician who took on the EU and an “erratic Marxist.” Few politicians can hope – or fear – to achieve the levels of notoriety Yanis Varoufakis did in just six months while serving as finance minister of Greece. A world-renowned economist, Varoufakis now […]

Another Now: Dispatches from a alternative present Der Freitag English German Postcapitalism

From an imagined hi-tech rebellion to the GameStop incident: Lessons for collective action in the 21st Century – Der Freitag

When in 2008 I heard that Lehman Brothers collapsed, and thousands of its staff were laid off, I allowed myself a fantasy. I imagined that one of the laid off financial engineers, whom for some reason I named Esmeralda, would turn into a dissident. That, incensed with the way she had been discarded by the […]

Another Now: Dispatches from a alternative present Audio DiEM25 English European Crisis Interviews Jacobin Politics and Economics Postcapitalism

In conversation on the postcapitalist vision in my ANOTHER NOW – JACOBIN interview & DISSENS podcast

State socialism has failed because of its authoritarian excesses, but the idea of ​​socialism still offers the only alternative for a viable future – says Yanis Varoufakis. In 2015, in the midst of the Greek sovereign debt crisis, he became finance minister under Alexis Tsipras until he resigned after the referendum. In the meantime, he has […]