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 […]
Essays
Speaking of antisemitism… – A personal view as related to my DiEM25 comrades (video + text)
On 4th February 2021, DiEM25’s coordinating collective held a discussion on how progressives can, at once, fight antisemitism and remain highly critical of Israel’s policies. You can watch a video of my speech and read an extended version of these thoughts below. Last week, while discussing competing identities, I argued that it is unacceptable to […]
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 […]
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 […]
Η Αλήθεια Μετά τον Τραμπ – από την στήλη μου στο 24 | 7
Οι αντίπαλοι του Ντόναλντ Τραμπ τον αποκαλούν ψεύτη. Το πρόβλημα όμως είναι ότι ο Τραμπ είναι κάτι πολύ χειρότερο από ψεύτης. Ο Νίξον έλεγε ψέματα για να θάψει αλήθειες, το ίδιο κι ο Κλίντον και πολλοί άλλοι. Όχι, το πρόβλημα με τον Τραμπ είναι ότι μέσα σ’ ένα χείμαρρο ψεύδους που έβγαινε από το στόμα του που […]
Did we see yesterday something like ANOTHER NOW’s Crowdshorters in action ? You be the judge!
In my ANOTHER NOW I imagined a new type of resistance movement that uses the tools of finance to bring down capitalism and create a democratic market socialist economy in its stead. I called them CROWDSHORTERS. Yesterday, I received many messages suggesting that the CROWDSHORTERS are emerging for real, with the Reddit group that supported […]
From an Economics without Capitalism to Markets without Capitalism – Tübingen University talk
A lecture organised by University of Tübingen economics students, delivered on Monday February 3, 2020, on the theme “From an Economics without Capitalism to Markets without Capitalism”. Mainstream economic models lack some important features of really-existing capitalism, including money, time and space. Its models offer ideological cover for a capitalist system that has usurped competitive, […]
Identity, solidarity and DiEM25
If I were a transgender person and a bunch of Lefties dared lecture me that the exploitation of factory workers by capitalists is more important than my daily struggle tο function as a transgender person, I would tell them to get lost. No one has the right to tell those who are hurt, terrified, exploited […]
Is it sensible to fret about public debt’s rise during the pandemic? A debate with Todd G. Buchholz on Pairagraph
Is public debt a bomb about to explode taking us down? Or is fretting about public debt a tactic for preparing public opinion for a new austerity drive that will cause debt to grow even faster? Read my debate with Todd G. Buchholz organised by pairagraph.com (see here for the original publication) Todd G. Buchholz’s […]
What is at stake is the independence of Ecuador, not of its central bank. This is why the oligarchy is attacking Andrés Arauz- video
It is with considerable amusement that I follow the international oligarchy’s anxiety to prevent Andrés Arauz from winning the presidential election. I say amusement because they have chosen to damage his standing by painting him as a threat to the independence of Ecuador’s central bank – of which Andres was the youngest governor. Let’s get […]
“The EU after Brexit” Keynote followed by a conversation with Norman Lamont – 27th January 2021
In this keynote, organised by the Economics Research Council, I shall discuss, and re-assess, the deeper forces leading to Brexit. Moving beyond the myth of it as the manifestation of some British idiosyncrasy, I shall trace its causes in a fundamental incompatibility between British and Continental capitalism which the financial crisis of 2008 brought to […]
“What New Institutions Do We Need For An International Green New Deal To Be Feasible?” Geneva Lecture Series, video & a review by Marie-Christine Ghreichi
Organised by Prof. Anis H. Bajrektarevic as part of the University of Geneva Lecture Series on ‘Contemporary World of Geo-economics’, I was honoured with an invitation to deliver a long lecture on the pressing need for new international financial institutions to address crushing global imbalances and inequalities. Watch the video and also read a review […]
“Global Trade & Capital Imbalances imperil Global Stability” – Redaction Politics reviews my Holberg 2020 debate with John Bolton
Redaction Politics published a review of my Holberg 2o2o debate with John Bolton on Global Stability. Their review is reproduced below. To watch the debate click here. Yanis Varoufakis lamented economic equality and pushed for global co-operation while John Bolton urged diplomatic confrontation as the pair battled over the question of “global stability” last week. […]
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 […]
On CHANGE MAKERS discussing personal drive, happiness, capitalism, socialism and… Star Trek
Our guest today on Change Makers is former finance minister of Greece, economist and author, Yanis Varoufakis. His view on the current world order may be critical, but this is as much a story of romance as it is reproach. Yanis believes happiness, like love, can only truly be found when you are not seeking […]