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Should we save capitalism? | Slavoj Žižek, Paul Krugman, Yanis Varoufakis, Shoshana Zuboff, and more – iai video

, 12/06/2022

Leading economists and philosophers discuss in depth the downfall of capitalism and its implications for our social reality. Featuring: Slavoj Žižek, Paul Krugman, Joseph Stiglitz, Shoshana Zuboff, @Yanis Varoufakis, @Mariana Mazzucato , Deirdre McCloskey and Guy Standing. 00:00 | Introduction 00:31 | Paul Krugman 04:07 | Guy Standing 07:01 | Joseph Stiglitz 11:03 | Deirdre […]

Cloudalists: The New Ruling Class & how can we confront its technofeudal order – iai lecture, 10 APR 2022

, 25/04/2022

Capital triumphed over democracy a long time ago. Today, following the Crash of 2008, the deployment of central bank money to refloat Big Finance, and the rise of Big Tech’s platform corporations, a new type of capital has emerged: Cloud capital (a form of command capital living in the ‘Cloud’). Cloud  Capital is crushing the […]

Discussing Crypto, the Left & Technofeudalism with Evgeny Morozov – CRYPTO SYLLABUS long interview

, 23/04/2022

Rare is the person who could expertly comment – in a single interview! – on the rise of NFTs and their origins in the virtual worlds of gaming, the logic of the emerging regime of techno-feudalism, and the folly of El Salvador’s Bitcoin-heavy negotiating tactics with the IMF. Luckily, we have found this person in […]

Our moral duty to Ukraine, and to each other – UNHERD (video + full transcript)

, 23/04/2022

Since war broke out in Ukraine, Greek politician and economist Yanis Varoufakis has been accused of being a Putin apologist, a “Westsplainer”, and a conspiracy theorist. But what does he really think about this conflict? Freddie Sayers spoke to him about liberal warmongering, who’s benefitting from the war, and the West’s moral duty to put […]

Saving Ukraine, dealing with Russia and the global repercussions of failing to do so – On TVO’s The Agenda with Steve Paikin

, 23/04/2022

When economist Yanis Varoufakis last visited The Agenda a decade ago, the world was still reeling from the 2008 economic crash, which decimated the economy of his native Greece. In the years since, he ran for political office, became Greece’s finance minister, and started his own political party. Varoufakis is the focus of a new […]

How the euro divided Europe, and why countries like Bulgaria should not join – Project Syndicate, Oxford Union video & Keynote audio

, 26/01/2022

This January marked the 20th anniversary of euro notes and coins circulating. In an op-ed published by Project Syndicate I argue that the euro was an unmitigated failure even by the criteria of its architects. This is an updated analysis of a keynote I delivered a few years ago at the Oxford Union – see […]

The State of the Global Economy under the heavy burden of twelve lost years – Keynote (audio + text)

, 21/01/2022

A keynote summing up my view that, since 2009, the world has wasted enormous resources in a bid to re-float finance and at the expense of our capacity to look after each other, and the planet, at a time humanity is facing existential threats – from climate catastrophe to war and toxic politics. My discussants […]

A prediction for 2022, plus two book recommendations – Happy New Year everyone!

, 30/12/2021

No impending New Year deserves to be unaccompanied with predictions that it, the New Year, will then proceed to ridicule. So, to tempt fate, here is my prediction for the 2022. Plus, two eye-opening books I recommend to people kept up at night by concerns similar to mine. Happy New Year to all, friends and […]

Why Croatia should NOT adopt the euro PLUS European politics, technofeudalism, US & China – Interviewed by Vecernji List

, 27/12/2021

In an exclusive interview by Nataša Vlašić Smrekar for Croatian media Vecernji List, I explained why it would be a grave error for non-eurozone EU member-states, like Croatia, to adopt the euro. We also talked extensively about European politics, Technofeudalism, my novel Another Now, and the US-China stand-off. Here is the original English language version […]

Defining wealth in 65 words for SPEARS magazine

, 27/12/2021

Spears asked me, and three others, to define WEALTH in fewer than 70 words. Their rationale was that, at the time of Spear’s founding, in 2006, there were fewer than 1,000 billionaires world-wide; their combined net worth a little under $3 trillion. Today, there are 2,755 billionaires, according to Forbes, and they have a collective […]

How should self-managed enterprises work in a postcapitalist setting? Follow the ongoing M. Albert-Y. Varoufakis debate

, 24/12/2021

Tragically, most people take bosses for granted. Capitalist firms have them by construction, by design. But, what of cooperative enterprises that are owned by everyone working within them? Do they also need bosses? A managerial class that tells the rest what to do? Or can we envisage boss-less firms? If so, how do things that […]

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 […]

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 […]

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. […]

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

, 05/07/2021

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 […]

Is Universal Basic Income a good idea? My debate with Daron Acemoglou on Pairagraph

, 11/06/2021

Pairagragh hosts structured debates between pairs of scholars, politicians etc. taking opposing views on some issue. In this one, Daron Acemoglu and I are debating Universal Basic Income – Daron opposing it and I defending it. Enjoy! Daron Acemoglou’s opening salvo  We need a better and stronger social safety net. We need ways of combating […]

Where is Global Capitalism Going? My discussion with Ammar Ali Jan on the occasion of the 1st Anniversary of the Progressive International

, 27/05/2021

Honouring the one-year anniversary of the Progressive International, Council members Yanis Varoufakis and Ammar Ali Jan engage in a wide-ranging debate about the direction of global capitalism in a turbulent age of crisis, pandemic, and political unrest. Ammar Ali Jan is a historian and member of Haqooq-e-Khalq Movement in Pakistan. Yanis Varoufakis is Member of […]

Austerity’s hidden purpose – Project Syndicate/Katmandu Post

, 20/05/2021

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, […]

8 Answers to 8 Questions on Economic Theory, Economic Policy, Humanity & Capitalism – interviewed for The Age of Economics

, 16/05/2021

 In this extensive interview, for the good people at The Age of Economics, I try to answer eight large questions ranging from “Why does economics matter?” and “What are the differences between economics and natural science or engineering?” to “Is capitalism a natural system, given human nature, for serving humanity’s purposes?”. 1. Why does economics […]

From the peculiar failure of economic theory to capitalism’s transition to technofeudalism: A discussion with Ilan Pappé

, 16/05/2021

We met to discuss economic theory’s curious failures, how they relate to neoliberalist ideology, the manner in which the Crash of 2008 gave rise to the transition of capitalism to technofeudalism, and the prospects of international solidarity to give humanity a chance to escape both technofeudalism and the climate emergency. However, we spent the first […]

Debating the EU with Douglas Murray on UNHERD – video

, 16/05/2021

“The EU has had a difficult pandemic. A slow procurement of vaccines, followed by a botched rollout, and blame-shifting by its leaders has drawn together critics from all politics stripes. Two of unlikely bedfellows from very different political traditions, Douglas Murray and Yanis Varoufakis, joined Freddie Sayers for a discussion about the bloc at an […]

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