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Britain, Europe, the New Cold War Finance & Technofeudalism – at the Cambridge Union

, 24/03/2023

On 7th February 2023, I returned to the Chamber to discuss a wide variety of issues, beginning with a Europe-at-war, post-Brexit Britain, the New Cold War that marks capitalism’s global transition to (what I call Technofeudalism), the state of the Left in Eastern Europe and more. Thanks Cambridge Union!

AGE OF ECONOMICS interview on economics and capitalism – video

, 26/02/2023

A diverse group of global thinkers answers 8 fundamental questions about economics and capitalism. In this video interview, Yanis Varoufakis has a go: 0:00 – Prologue 01:19 – Intro 01:38 – 1. Why does economics matter? 03:00 – 2. What are the differences between economic science and economic engineering? 09:46 – 3. What role does […]

Technofeudalism and Cloud Capital – a conversation hosted by Stanford in Government

, 12/07/2022

Is a new economic model toppling capitalism? Yanis Varoufakis, the former Greek Minister for Finance and current leader of the MeRA25 Party, discusses the future of capitalism, his theories of technofeudalism and cloud capital, and the invasion of Ukraine. This event was hosted on April 4, 2022 by Stanford in Government member Ryan Cieslikowski. Stanford […]

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 […]

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 […]

The Consequences of Capitalism – Guest Lecture at the U of Arizona, 16th February 2021

, 19/02/2021

Invited by Noam Chomsky and Marvin Waterstone, here is an audio of the lecture I delivered to University of Arizona students on ‘The Consequences of Capitalism”

From an Economics without Capitalism to Markets without Capitalism – Tübingen University talk

, 28/01/2021

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, […]

“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

, 30/12/2020

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

, 30/12/2020

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. […]

“Is Global Stability A Pipe Dream?” Watch Yanis Varoufakis debate John Bolton at the Ηolberg 2020 Debate

, 08/12/2020

While the catastrophic pandemic is pushing hundreds of millions into economic destitution, our world is being subjected to an escalating climate emergency and a New Cold War between the West and China, not to mention ominous tensions in the Eastern Mediterranean, the Caucasus, Libya etc. In the midst of all this instability, is Global Stability […]

«Είναι η Παγκόσμια Σταθερότητα άπιαστο όνειρο;» Μπόλτον vs Βαρουφάκη στο 2020 Ηolberg Debate, Σάββατο 4μμ

, 04/12/2020

Τι χρονιά κι αυτή! Ένα πραγματικό annus horribils που σημαδεύτηκε από μια καταστροφική πανδημία, από την κλιμακούμενη κλιματική καταστροφή, από το φάσμα ενός Νέου Ψυχρού Πολέμου ΗΠΑ-Κίνας, και βέβαια από τύμπανα πολέμου στο Αιγαίο και την Ανατολική Μεσόγειο. Κι ενώ ποτέ δεν ήταν τόσο απαραίτητη η πολιτική παρέμβαση σε παγκόσμιο επίπεδο, ποτέ δεν ήταν τόσο καταρρακωμένοι οι παγκόσμιοι […]

A chronicle of our BLEAK TWENTIES – Cambridge Union Online

, 24/05/2020

The good folk at Cambridge Union invited me to deliver a talk over the internet during our lockdown days. I chose to deliver a speech, or text, reciting what I fear might prove an accurate assessment of our BLEAK TWENTIES from the perspective of, say, December 2030. My great hope is that it is proven […]

The Brown University Journal of PPE interviews Krugman, Pinker & Varoufakis on Inequality, Financialisation, and Populism

, 11/04/2020

JPPE: Many economists have their explanations about where inequality comes from, such as financialization, credit, globalization, technology, and bad policy. When thinking about the causes of inequality in the last thirty years, are there specific areas you think we ought to devote our attention to?  Yanis Varoufakis: Well, there’s one word that answers your question: […]

Dann wäre morgen die Revolution – KONTEXT Wochenzeitung

, 09/02/2020

Unter Meteorologen braucht es keine Meinungsvielfalt – so lange die etablierten Methoden fundierte Prognosen liefern. In den Wirtschaftswissenschaften, wo die Vorhersagen “allenfalls per Unfall” richtig lägen, sei das anders, meint der Ökonom und DiEM25-Initiator Yanis Varoufakis. Wenn die herrschende Lehrmeinung die Realität nicht mehr treffend beschreiben kann, brauche es alternative Blickwinkel.  Der Einladung der studentischen Inititiative “Rethinking […]

From an Economics-without-Capitalism to Markets-without-Capitalism – University of Tübingen (video available)

, 04/02/2020

A lecture organised by University of Tübingen economics students, delivered on Monday 3rd February 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, free markets. The result? […]

Why is economics not a force for good and what must we do to make it so? Cambridge 8th NOV 2019

, 22/11/2019

On 8th November, at the invitation of Professor Antara Haldar of Cambridge University, I presented this talk in the context of a fascinating group of academics who gathered in the Cambridge Union’s upstairs seminar room to revive Keynes’ original idea of the Cambridge Circus – a radical circle of economists seeking the kind of economics that […]

Sophisticated Heretic – Interview with the Cambridge Union magazine TCS

, 22/11/2019

Yanis Varoufakis has been adamant that he is not a politician. He might be an economist, though his conversation with Margaret Levi – a Stanford political scientist – at the Cambridge Union last Thursday evening on 7th November 2019 smashed the academic boundary walls of economics in style. His critical principles come from his characteristic […]

“Brexit, for all its ills, has reinvigorated British democracy” – Cambridge Union address, 8 NOV 2019

, 11/11/2019

Last Friday (8th November 2019), I delivered a Cambridge Union address on (what else?) Brexit. My opening message was: “Instead of moaning about the state of British institutions, rejoice! For all its many ills, Brexit has reinvigorated British democracy.” Unlike most continental European parliaments, the House of Commons remains at the heart of decision making and, […]

Utopian science fictions legitimising our current dystopia – 2019 Taylor Lecture, Oxford University

, 19/02/2019

The Faculty of Medieval and Modern Languages, Oxford University, kindly invited me to deliver the 2019 Taylor Lecture on 12th February 2019. I chose the topic of  Realistic Utopias versus Dystopic Realities – my aim being to highlight the manner in which really-existing capitalism is marketed as a utopian science fiction that has nothing to do with… really-existing capitalism. Behind this elegant utopian […]

Realistic Utopias versus Dystopic Realities – Oxford University, Taylor Lecture, 12/2/2019

, 22/12/2018

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 […]

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