In 2018, the good people behind the Edinburgh Festival kindly invited me to host a series of discussions under the title KILLING DEMOCRACY? My remit was: Further to explore the question of whether the current form of financialised capitalism is devouring democracy, reflecting on my work with the Democracy in Europe Movement (DiEM25). In a series […]
Politics and Economics
Realistic Utopias versus Dystopic Realities – Oxford University, Taylor Lecture, 12/2/2019
The Faculty of Medieval and Modern Languages, Oxford University, kindly invited me to deliver the 2019 Taylor Lecture on 12th February 2019. In my book was addressed to my daughter regarding the economy I tried to offer her a simple, though not simplistic, account on how capitalism works and how it fails. Critics, correctly, pointed out that the book’s […]
The euro and Steve Bannon’s Fascist International – Oxford Union address, video & audio 16th November 2018
On 17th October 2018, Valdis Dombrovskis, Vice President of the European Commission, addressed the Oxford Union in support of the motion that “the euro has never been stronger“. Today, Friday 16th November 2018, Steve Bannon is addressing the Oxford Union also. In between, on Wednesday 14th November 2018, I had the opportunity to also address […]
Behind the closed doors of negotiations with the EU? – The Guardian podcast, November 2018
As the Brexit negotiations near crunch point, Theresa May is still battling to keep her party on side as she edges closer to a deal with Brussels. But is it possible to take on the EU in negotiations and win? One man who staked his political career on trying just that was the former Greek finance minister Yanis […]
Discussing the Labour Party’s fitness for government, Brexit et al – on BBC 2’s Politics Live
Yanis Varoufakis and Conservative MP Ken Clarke join Andrew Neil, along with Camilla Tominey from the Telegraph and Labour’s Rupa Huq. They discuss whether Labour is ready to govern, Jeremy Corbyn’s Brexit meeting with the EU’s Michel Barnier and the Salisbury poisoning suspect reported to be a Russian military officer.
Discussing Europe, Brexit, capitalism, DiEM25 and almost everything in between with Ruth Wishart at the Edinburgh Book Festival, August 18, 2018
Is Neoliberalism destroying the world? A. Admati, S. Gindin, P. Mirowski & Y. Varoufakis interviewed by CBC Radio
Deregulation. Infinite growth. Self-correcting markets. All are hallmarks of neoliberal thinking. But they’re more than just assumptions about the economy. They undergird much of the most influential thinking about governance right now, and dominate political and economic thinking everywhere. The results, according to some, have been disastrous. Investigative journalist Bruce Livesey asks four experts about the rise […]
October 1, 2018
ATHENS – As deadlines approach and red lines are redrawn in the United Kingdom’s impending withdrawal from the European Union, it is imperative for the people of Britain to regain democratic control over a process that is opaque and ludicrously irrational. The question is: How? Democracy can never aspire to being more than a work […]
Is the world safer than it was in 2008? Ten Guardian writers think not
Yanis Varoufakis: Risk has not been diminished, just taken out of sight Ten years after its near-death experience, capitalism is back to its old ways. Bailouts for the few and austerity for the many have caused global debt to rise 40% since 2007. Yes, British and European banks have contracted (as US authorities required Barclays, Deutsche […]
Our Progressive International movement will fight, at once, two authoritarianisms: The National International and the Financialised Globalists who paved the ground for them – Yanis Varoufakis & Bernie Sanders in THE GUARDIAN (13th September 2018)
YANIS VAROUFAKIS: Our new international movement will fight rising nationalism, its underlying fascist moment, and the pseudo-liberal establishment whose policies gave rise to it (Click here for The Guardian) Our era will be remembered for the triumphant march of a globally unifying rightwing – a Nationalist International – that sprang out of the cesspool of financialised capitalism. […]
Lessons from 2008 for beyond 2018: Keynote this Friday 14th September at the OECD, Paris
Before 2008 we could all see that global trade imbalances were growing inexorably, creating a glut of savings in surplus countries that flowed into deficit countries, causing house price, stock exchange and debt bubbles whose bursting would never end well. What few could see, however, was that, behind the dominant narrative of unfettered competition and […]
Democracy, Socialism, Europe and Scottish Independence – four clips on STV
PART 1 – WHY SOCIALISM? Interviewer: You are meeting with Jeremy Corbyn to discuss socialism. Why? Varoufakis: Because democracy needs a healthy democratic socialist movement to be part of the political process in order to be healthy PART 2 – REASONS TO BE CHEERFUL PART 3 – DEMOCRATS MUST GET TOGETHER ACROSS PARTY POLITICAL AND NATIONAL […]
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 […]