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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!
The post Britain, Europe, the New Cold War Finance & Technofeudalism – at the Cambridge Union appeared first on Yanis Varoufakis.
From the very beginning, Elgin’s removal of the Parthenon’s statues and friezes caused something of a discursive British civil war. On one side were humanists, like Lord Byron; on the other were Empire apologists, who defend Elgin’s actions and support the British Museum’s inalienable property rights to the artefacts it, eventually, purchased from him. Over […]
The post On the shameful deal Osborne-Mitsotakis are hammering out over the Parthenon antiquities – UNHERD appeared first on Yanis Varoufakis.
“Like lambs to the slaughter” was how an elderly neighbour described the deaths of youngsters travelling on Intercity 62 which, on the night of 28 February, crashed head-on with a freight train in Greece killing 57 people. Many of the dead were students returning after a long weekend from Athens to their universities in Thessaloniki. […]
The post Europe’s latest illiberal democracy: Greece! – New Statesman appeared first on Yanis Varoufakis.
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.
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.
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.
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.
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.