Project Syndicate

Western power is as strong as ever. What has changed is that the combination of socialism for financiers, collapsing prospects for the bottom 50%, and the surrender of our minds to Big Tech has given rise to overweening Western elites with little use for the last century’s value system. ATHENS – A motley crew of […]

The post The West Is Not Dying, but It Is Working on It – Project Syndicate op-ed appeared first on Yanis Varoufakis.

If the US president-elect’s efforts to eliminate America’s trade deficit succeed, real-estate prices in Miami and Manhattan will crash, the cost of servicing government debt will skyrocket and the Dow Jones will plummet. Perhaps he should be reminded that the most vengeful of deities is one that grants him his sincerest wish. ATHENS – Donald […]

The post America’s Trade Deficit Is Not Afraid of Donald Trump – Project Syndicate op-ed appeared first on Yanis Varoufakis.

17th of October, 2024 Over the years, “Fortress Europe” has relied on a mix of bribery and force to keep out undocumented migrants fleeing wars, famine, and conditions of extreme poverty in Sub-Saharan Africa. But such measures are no solution to a problem that ultimately stems from much larger global and historical forces. LONDON – … Continue reading The Roots of Europe’s Immigration Problem – Project Syndicate

Project Syndicate 21st of August, 2024 “Even though recorded performances provide some valuable benefits, most people prefer live events. That is because the audience is part of the production, and the two sides exchange energy and the gamut of human emotions in a way that would be impossible in any other setting.“ SALZBURG – While … Continue reading The Enduring Appeal of Live Performance

Project Syndicate 18th of September, 2024 “Shortly after taking office, the United Kingdom’s new Labour government announced the discovery of a massive shortfall in public finances. While much of the political debate has centered on the size of this fiscal hole, the real culprit is the set of arbitrary rules that British governments have imposed on themselves … Continue reading Britain’s Illusory Fiscal Black Hole

March 21, 2024 ROBERT SKIDELSKY Faced with a choice between parasitic capitalism and emerging neo-fascism, it is no wonder that Western societies are increasingly pessimistic. While pessimism has pervaded previous eras, today’s mood is sustained, and partly defined, by the absence of a redemptive vision. LONDON – In 2003, the literary critic Fredric Jameson famously observed … Continue reading Post-Capitalist Pessimism

April 19, 2024 ROBERT SKIDELSKY George Orwell’s great contribution to dystopian literature was not his depiction of the modern surveillance state, but rather his insight that if everyone used only state-approved language, surveillance would become redundant. The difference today is that Newspeak has emerged from the mechanisms of liberal democracy itself. LONDON – Language shapes … Continue reading The Language of Political Control

Advocates of European unity used to celebrate the European Union as a peace project. But well before Russia invaded Ukraine, the European vision of a peaceful road to shared prosperity had begun to frazzle, and now the invasion has facilitated the EU’s mutation into something much uglier. ATHENS – Europe has become unrecognizable. Advocates of […]

The post A European War Union? – Project Syndicate op-ed appeared first on Yanis Varoufakis.

One reason women avoid the field of economics is the male chauvinist pig standing at its center, masquerading as the model of rationality. No sensible woman recognizes herself in Homo economicus, who always gets what he likes and likes what he gets. ATHENS – Economics has an intractable “women problem.” High-school girls avoid it. Female undergraduates abandon it. And […]

The post Economics is Irredeemably Sexist – Project Syndicate appeared first on Yanis Varoufakis.

February 19, 2024 ROBERT SKIDELSKY Labour leaders’ decision to abandon their highly publicized Green Prosperity Plan underscores the party’s ongoing failure to articulate a coherent response to Conservative criticism. Instead of focusing on bolstering their fiscal credentials, Labour leaders should reconnect with the party’s Keynesian roots. LONDON – Following months of speculation and infighting, the … Continue reading The UK Labour Party’s Green-Energy Debacle