When the bombs began to rain down on Iran, I predicted Donald Trump’s Waterloo. Watching his MAGA coalition, a noxious brew of working-class resentment and tax cuts for billionaires, descend into a civil class war, I paraphrased Churchill on the Battle of El Alamein: in his second term, before Iran, Trump had never faced a […]
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I’m watching myself on YouTube saying things I would never say. This is the deepfake menace we must confront A screengrab of an AI-generated image of ‘Yanis Varoufakis’ from a deepfake video on YouTube. Illustration: YouTube It was my blue shirt, a present from my sister-in-law, that gave it all away. It made me think […]
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Can we escape AI slavery? Only the Left can tame big tech Yanis Varoufakis · 12 Feb 2026 · 6 mins This is light years beyond mere surveillance capitalism. (Andriy Onufriyenko/Getty) Janus, the Roman god of beginnings and endings, did not have two separate heads, but rather was two faces bound together into one divine […]
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On Iran and the Left A Lebanese woman passes a portrait of Ruhollah Khomeini. (Anadolu/Getty) Yanis Varoufakis · Mar 14, 2026 · 7 mins Once again, I find myself caught in the conundrum of opposing an illegal war unleashed by the United States and its allies on a country whose regime I vehemently oppose. It […]
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Can we escape AI slavery? Only the Left can tame big tech This is light years beyond mere surveillance capitalism. (Andriy Onufriyenko/Getty) Yanis Varoufakis 12 Feb 2026 · 6 mins Artificial intelligence · Big tech · Prometheus Janus, the Roman god of beginnings and endings, did not have two separate heads, but rather was two […]
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ATHENS – Margaret Thatcher famously quipped that the problem with socialists is that, eventually, they run out of other people’s money. But what happens when bankers run out of other people’s money, as seems likely to happen soon? Either we end up with another calamitous financial meltdown or we innovate to serve the public interest […]
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To free ourselves from our technofeudal overlords, we must think like Karl Marx. The corporations would asset-strip our brains, but we can take back control A young woman I met recently remarked that it was not so much pure evil that drove her berserk, but rather people, or institutions, with the capacity to do good […]
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Francisco Goya’s etching The Sleep of Reason Produces Monsters was an artist’s stern warning of the hideous forces unleashed in the mind when reason lowers its guard. Today, stablecoins are the gruesome forces being released into the global economy as President Trump’s crypto dreams, unchecked by reason, morphed into the GENIUS Act. Stablecoins are the […]
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Donald Trump has made it impossible for any sensible person to persevere in the delusion that global business can continue as usual. We should all welcome this, even if we are livid with Trump’s shocking behaviour, decisions and narratives. The global economy will either be rebalanced or it will crash in ways that may make […]
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