The curse of finance ministers whose country’s business model is broken is that they are powerless to transform the economy, yet too powerful not to take the blame. But when the economy is merely stagnating, not yet in free-fall, preventing the descent into a financial crisis should require no more than average competence. Sadly, the […]
The post Rachel Reeves’ unbearable acquiescence to the City bankers – UNHERD appeared first on Yanis Varoufakis.
Will Trump’s tariff wars backfire? And how should other world leaders, including Keir Starmer, react? In this episode of the Fourcast, Krishnan Guru-Murthy is joined by Greece’s former finance minister Yanis Varoufakis and Erica York of the Tax Foundation think tank.
The post On Channel 4: Is Donald Trump’s tariff war about to backfire? appeared first on Yanis Varoufakis.
Trump wants to boost exports, bring back American jobs from overseas and reduce the trade deficit. To achieve this he needs a weaker dollar. Trump also wants a strong dollar and will not brook any challenges to its near monopoly of international payments. Can he possibly have both? Trump’s Problem No.1: His announced tariffs will […]
The post Trump, the Dollar and China: What to watch for in 2025 appeared first on Yanis Varoufakis.
It is one thing to U-turn on a modest green transition programme. It is another to do so using mendacious Tory economic paradigms. Rarely has a lacklustre policy been abandoned for a reason so bad that it threatens to inflict long-term damage on a society. Independently of whether the £28bn green investment programme was the […]
The post Why is Labour still using the self-defeating, discredited ‘maxed out credit card’ analogy? The GUARDIAN appeared first on Yanis Varoufakis.
When I admit to my fandom as we sit down for a zoom interview, he immediately tells me off. (This is exactly what I wanted.) “I don’t want fans in life, you know,” he says. “Ever since I entered politics, I acquired two things that I never wanted to have: enemies and fans.” You see, […]
The post FORTUNE Magazine’s Nick Lichtenberg reviews my TECHNOFEUDALISM appeared first on Yanis Varoufakis.
The idea that we are entering an era of techno-feudalism that will be worse than capitalism is chilling and controversial. We asked former Greek finance minister Yanis Varoufakis to elucidate this idea, explain how we got here, and map out some alternatives. The controversial concept of techno-feudalism suggests we have transitioned from capitalism to something even […]
The post Jacobin Magazine’s David Moscrop reviews my TECHNOFEUDALISM appeared first on Yanis Varoufakis.
What isn’t ending? What isn’t on the verge of extinction? It’s a short list of exemptions these days, and we, us human beings, aren’t on it. Neither are bees, bipartisanship, butterflies, coastlines, childhood, civility, coral reefs, democracy, elephants, empire, facts, families, frogs, gender, glaciers, God, higher education, humanities, love, male supremacy, manatees, manhood, men, morality, […]
The post The Politics & Letters Podcast – a (joyous) discussion on my TECHNOFEUDALISM appeared first on Yanis Varoufakis.
A genocide of Palestinians is happening in Gaza now, in tandem with Israel’s methodically opportunistic ethnic cleansing in East Jerusalem and the West Bank. We are here because our humanity is being tested – because future generations will censure us for letting the death count exceed 10 thousand, mostly children and women. We are here […]
The post As bombs are raining down on Gaza again, it is no longer about Hamas or Netanyahu. It is about OUR humanity being tested – video message appeared first on Yanis Varoufakis.
On UpFront, interviewed by Marc Lamont Hill on Europe’s historic responsibility and current role in the Israel-Gaza war.
The post On Europe’s historic responsibility for the war crimes in the ancient land of Palestine – Al Jazeera appeared first on Yanis Varoufakis.