Der Freitag English Op-ed The Global Minotaur: A theory of the Global Crisis

Ten Years After Lehman’s Collapse: What caused the Crash of 2008 is now shaping our post-modern 1930s – der Freitag

  In the autumn of 2008 events unfolded in Wall Street that the crushing majority of people around the world had been led to believe could never occur. It was the financial equivalent of watching the sun spinning out of control soon after it rose above the horizon. Humanity watched on in collective disbelief. The […]

Der Freitag English Essays German History Middle East The Global Minotaur: A theory of the Global Crisis

Im Reich der Gier – der Freitag

Mythos Der Kapitalismus ist entzaubert und bringt uns das größte Faschismusproblem seit den Dreißigern Was im Herbst 2008 an der Wall Street geschah, hatten die allermeisten Menschen bis dahin für unmöglich gehalten, schließlich hatte man ihnen jahrelang weisgemacht, dass etwas Derartiges schlichtweg nicht passieren könnte. Es war, als ob man dabei zuguckt, wie die Sonne, kurz […]

English Op-ed Politics and Economics Project Syndicate

The three tribes of austerity: enemies of big government, Germany’s social democrats, and tax-cutting Republicans – op-ed in Project Syndicate

No policy is as self-defeating during recessionary times as the pursuit of a budget surplus for the purpose of containing public debt – austerity, for short. So, as the world approaches the tenth anniversary of the collapse of Lehman Brothers, it is appropriate to ask why austerity proved so popular with Western political elites following […]

The Observer Άρθρα Ελληνικά ΜέΡΑ25

Έσπρωξαν την Ελλάδα στον γκρεμό και γιορτάζουν το γκελ που έκανε στον σκληρό βράχο της Μεγάλης Ύφεσής. Έφτιαξαν μια έρημο και την ονόμασαν ειρήνη – άρθρο στον χτεσινό The Observer

Την περασμένη εβδομάδα οι τίτλοι και τα πρωτοσέλιδα των ΜΜΕ «γιόρτασαν το τέλος της οικονομικής διάσωσης της Ελλάδας, ακόμη και τη λήξη της λιτότητας, ενώ παρουσίασαν την οκταετή παρέμβαση της Ευρώπης στην Ελλάδα ως πρότυπο συνετής ευρωπαϊκής αλληλεγγύης στο “μαύρο πρόβατό” της, μια περίπτωση “αυστηρής αγάπης” που φέρεται να λειτούργησε. Όμως μία πιο προσεκτική ματιά αποκαλύπτει μία […]

DiEM25 Ελλάδας English Greek Crisis MeRA25 Op-ed Politics and Economics The Observer

Greece was never bailed out; it remains a debtor’s prison and the EU won’t let go of the keys – op-ed in The Observer

Over the past week, the world’s media have been proclaiming the successful completion of the Greek financial rescue programmemounted in 2010 by the European Union and the International Monetary Fund. Headlines celebrated the end of Greece’s bailout, even the termination of austerity. Buoyant reports from ground zero of the eurozone crisis portrayed Europe’s eight-year long Greek […]

Bild Zeitung DiEM25 Deutschland English European Crisis German Interviews Newspapers

Greece was never bailed out and remains in debtor’s prison – Bild Zeitung interview

BILD meets Yanis Varoufakis – the man who was THE symbol of the Greek left-wing government’s resistance against the targets set by the bailout troika for the broke state of Greece. We met the professor of economics – who co-founded left-wing movement DiEM25 – in his summer house in the mountains of the sunny island of Aegina. BILD: Mr. Varoufakis, […]

Banking Crisis English European Crisis History North America Op-ed Review The Global Minotaur: A theory of the Global Crisis The Observer

CRASHED: Long version of my Observer review of Adam Tooze’s new book on the Crash of 2008

Every so often humanity manages genuinely to surprise itself. Events to which we had previously assigned zero probability push us into what the ancient Greeks referred to as aporia: a state of intense bafflement urgently demanding a new model of the world we live in. The Crash of 2008 was such a moment. Suddenly, the […]

DiEM25 English Greece Newspapers Op-ed Politics and Economics The Sunday Times

Greed, ineptitude and austerity fanned the flames of the Greek wildfire – The Sunday Times

ATHENS: A biblical calamity befell the Attica region last Monday. I saw its first sign in the late morning at Athens airport, where I was seeing off my daughter to Australia. A strong whiff of burning wood caused me to look up to the sky, where a whitish-yellow sun beckoned, surrounded by the tell-tale eclipse-like […]

Der Freitag DiEM25 Deutschland DiEM25 Ελλάδας English MeRA25 Op-ed

Reality & Nightmare: A brief assessment of the Eurozone’s ‘reforms’ – in Der Freitag, Issue 26, 2018

The official version reads as follows: Europe is on the road to recovery, the consequences of Brexit are under control, Chancellor Angela Merkel and President Emmanuel Macron would now create the new foundations on which Europe will establish a stronger alliance. Even the Greek debt crisis, it is said, was over after the decision of the […]

DiEM25 English Newspapers Op-ed Politics and Economics The Global Minotaur: A theory of the Global Crisis The Guardian

If Trump wants to blow up the world order, who will stop him? op-ed in The Guardian

Even before Donald Trump drove to tears of dismay NATO’s leaders, Theresa May, the EU’s officialdom and Washington’s own ‘intelligence community’, the writing was on the wall: Trump is methodically dismantling a world order that he no longer believes to be in the interests of the United States’ ruling class. Mon 11 Jun 2018 16.23 BST Donald Trump’s early […]

DiEM25 Italia English Il Post Interviews Italian Newspapers

Yanis Varoufakis è un pazzo o un profeta? Il Post, 15 June 2018

Abbiamo passato una giornata con l’ex ministro greco, che alle prossime elezioni europee vuole riunire la sinistra di tutto il continente e rivoluzionare l’Unione Europea di Davide Maria De Luca – @DM_Deluca  (ANSA / MATTEO BAZZI «Avete notato come le persone cattive stiano tutte insieme? Salvini, Le Pen, Orban: insieme stanno benissimo». Mercoledì pomeriggio una piccola […]

DiEM25 DiEM25 Ελλάδας English European Crisis Greece Greek Crisis MeRA25 Op-ed Politics and Economics Project Syndicate

Profiles in Euro-Denial: The thwarted euro reforms & Greece’s permanent debt bondage – Project Syndicate op-ed

ATHENS – Europe’s establishment is luxuriating in two recent announcements that would have been momentous even if they were only partly accurate: The end of Greece’s debt crisis, and a Franco-German accord to redesign the eurozone. Unfortunately, both reports offer fresh proof of the European Union establishment’s remarkable talent for never missing an opportunity to […]

Architectural Review Arts Culture DiEM25 English Essays Political The Global Minotaur: A theory of the Global Crisis Vital Space

The Globalising Wall: How Globalisation built walls and divisions. By Y. Varoufakis & D. Stratou, in the Architectural Review

Our theme is a wall. A wall that is neither some ordinary physical structure at a specific site, nor a symbolic wall. It takes a material form in sites around the globe while transcending locations and leapfrogging whole continents as if in a strange quest to globalise itself, to infect our supposedly unifying world with […]