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Our Task? To Inspire the Rebellion against the Legalised Robbery of People & Earth, even if it is too late – Reply to Chomsky, Fuentes & McPherson

, 17/10/2022

Have we, humans, passed the point of no return down the path to ecological ruin? Does ruin-without-end loom black across the land, the air, the oceans? I hope not but, regardless, I don’t think it matters. What matters is what we do. And how we do it. From now on. Until our last breath. Sure […]

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 […]

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 […]

“Our Techno-Feudal Hellscape” – On the Real News Network, with Jason Myles & Pascal Robert

, 02/05/2022

From the push to turn more of the workforce into precarious “gig workers” to the ways profit-seeking digital platforms condition how we act and think while extracting free data from us, we can see and feel everyday the creeping evidence that we are living in a new reality. As world-renowned Greek economist, author, and politician […]

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 […]

Unlike feudalism, techno-feudalism is born of the triumph of capital – KU Podcast-Interview

, 16/04/2022

  Along the lines on my evolving hypothesis that capitalism in the process of morphing into techno-feudalism, in this podcast I speak to two fine Finnish leftwing journalists who take me to task and interrogate me on this highly controversial idea. For the podcast’s own site, click here.

Cloudalists: Our New Cloud-based Ruling Class – Project Syndicate op-ed

, 12/04/2022

Capital is everywhere, yet capitalism is on the wane. In an era when the owners of a new form of “command capital” have gained exorbitant power over everyone else, including traditional capitalists, this is no contradiction. ATHENS – Once upon a time, capital goods were just the manufactured means of production. Robinson Crusoe’s salvaged fishing […]

EUROPARAMA interview on ANOTHER NOW

, 26/01/2022

In this episode of EUROPARAMA, I answer questions regarding my sci-fi novel ANOTHER NOW posed by Giuseppe Porcaro and Alberto Cottica, from the Science Fiction Economics Lab, with  the participation of Teresa O’Connell, acting chief editor at Are We Europe – and Samuel Doveri Vesterbye, director of the European Neighborhood Council. The show is edited […]

What’s the matter with capitalism? And what alternative does ANOTHER NOW offer? Interview with CAPITALISN’T

, 26/01/2022

In this podcast, I sit down with Luigi Zingales and Bethany McLean to discuss the ills of capitalism, not as an unjust system but one that is inefficient and freedom impeding. And, in the process, to discuss my novel ANOTHER NOW. Clich here to listen to the podcast.

Slo Mo: The Moment Capitalism Died. And Imagining an Enlightened Economy | Interviewed by Mo Gawdat

, 26/01/2022

  To LISTEN TO THE PODCAST, ClICK HERE Today’s guest is Yanis Varoufakis, the world renowned economist, member of the Hellenic parliament, and former Greek finance minister who’s been called the “rockstar politician who took on the EU.” This was an absolutely mind blowing conversation, and I recommend approaching it like the most enlightening and […]

The Economic Model of ANOTHER NOW, by AFTER THE OLIGARCHY: Video plus interview

, 27/12/2021

In my novel ANOTHER NOW (click here for the English and here for the US versions) I put forward a blueprint for a socialist, decentralised, market society in which the profit-wage nexus, share markets and commercial banks have become extinct. AFTER THE OLIGARCHY were kind enough to produce a 40′ video explaining the economic model of ANOTHER NOW […]

Russell Brand interrogates me on my novel ANOTHER NOW. Sparks fly and fun is had as we discuss what we can replace technofeudal capitalism with

, 27/12/2021

Can the system ever change or are we stuck? Are we condemned to live as modern peasants in a technofeudal order? Or can we create a postcapitalist system that utilises technology to revive socialism as a realistic, attractive, freedom-enhancing prospect? Is my novel ANOTHER NOW (click here for the English and here for the US […]

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 […]

Talking to the Bunker about ANOTHER NOW

, 16/11/2021

Renowned economist, politician, and author Yanis Varoufakis stopped by the Bunker to talk about his latest book, Another Now, which is an alternate history in which our world developed into a post-capitalist world after the economic crash in 2008. Yanis shared the story of how he was politicized early after the Greek civil war and his father’s imprisonment, […]

Explaining to friend & comrade Slavoj Zizek that which why I didn’t get a chance to tell my father: why I think capitalism has evolved into technofeudalism

, 06/11/2021

I must have been no older than five or six when my dad introduced me to the idea that technological progress forces the pace of history. I remember him explaining how written records coincided with humanity’s ability to smelt copper tools. Of how history accelerated when ancient smiths progressed from copper to forging iron tools […]

Can capitalism be fixed? An Intelligence Squared debate between Gillian Tett (Yes!) and Yanis Varoufakis (No!)

, 06/11/2021

Gillian Tett, the Financial Times Chair of the Editorial Board & Editor-at-large, believes that capitalism can be fixed, through copious regulation and institutional interventions. I, on the other hand, not only think that capitalism cannot be fixed but, additionally, that capitalism has made itself irrelevant through a surreptitious transformation into a new version of the […]

ANOTHER NOW: Socialist Alternatives to Capitalism Explored in New Novel – On Democracy Now!, with Amy Goodman

, 11/10/2021

In an extended interview with Yanis Varoufakis, member of the Greek Parliament and former finance minister of Greece, we discuss his new novel, “Another Now,” and why he chose to write fiction after years of nonfiction. “All my life as a lefty, I had to find ways of escaping the poignant question: ‘If you don’t like […]

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 […]

What is money, really? And why Bitcoin is not the answer (even if blockchain is brilliant & potentially helpful in democratising money)

, 02/08/2021

Recently, I argued that a central bank cryptocurrency can be a useful tool in the struggle to democratise money. Such a tool is, of course, not enough. The main task in democratising money is first to democratise the central bank – before deploying useful instruments like a central bank cryptocurrency. As many readers (correctly) pointed […]

A central bank cryptocurrency to democratise money – Project Syndicate & Jordan Times

, 02/08/2021

The history of money has been the history of the struggles to control the payment system and the money tree. Today, with control over both resting in the hands of bankers, central banks’ efforts to boost business end up amplifying inequality while failing to address either economic stagnation or the looming climate disaster. The time […]

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 […]

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