English

Created
Mon, 23/01/2023 - 19:44

The real problem confronting European manufacturing is not the threat of factory closures. It is that, compared to the United States and China, Europe has fallen far behind in the race to accumulate, and benefit from, the cloud capital that represents the future of profit in industries like electric cars and green energy. ATHENS – […]

The post Is Europe Deindustrialising? – Project Syndicate appeared first on Yanis Varoufakis.

Created
Mon, 20/02/2023 - 20:56

A new cold war is upon us, but only China is in a position to push it beyond the point of no return. That moment will come when China’s policymakers cross the Rubicon and decide to wean Chinese economic growth off the US trade deficit. ATHENS – True hegemons prevail not by force but by […]

The post Will China Dump Its Dark Deal with America? – Project Syndicate appeared first on Yanis Varoufakis.

Created
Sun, 26/02/2023 - 18:02

From the Great Moderation to the Great Crash, the Great Recession, the Great Stagnation, the Great Inflation and, finally, to the Great Volatility. What are the forces driving this 50yr dynamic? Plus an answer to: “What did the euro crisis teach us about the EU’s various debt instruments?” A lecture delivered on 24th January 2023 […]

The post What’s behind the Great Volatility? Audio of SSGA Zurich Address appeared first on Yanis Varoufakis.

Created
Sun, 26/02/2023 - 18:15

So used are we to the idea of an ‘electricity market’ that the next sentence may jar in your mind: There is no such thing as an electricity market! In this video I explain why those who talk to us about electricity markets as something natural, clever and necessary are either deluded or in the […]

The post Exposing the scam that is an electricity ‘market’ – ANY electricity ‘market’ appeared first on Yanis Varoufakis.

Created
Sun, 26/02/2023 - 18:52

The War in Ukraine has sped up the division of the world into two technofeudal fiefdoms – one US dollar denominated and one Chinese yuan denominated. As the world bifurcates, class struggles within each technofeudal fiefdom, as well as between them, generate destructive forces that threaten our species survival – from a New Cold War, […]

The post The New Non-Aligned Movement and New Economic System we have a duty to work towards – Havana Address, 27th January 2023 appeared first on Yanis Varoufakis.

Created
Sun, 26/02/2023 - 19:30

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 […]

The post AGE OF ECONOMICS interview on economics and capitalism – video appeared first on Yanis Varoufakis.