Elon Musk’s $1.25 Trillion Mirage Yanis Varoufakis — Feb 13, 2026 More often than not, share prices are rigged, which is why they are a dreadful predictor of profitability even on average, and why they have become the primary instrument for transferring wealth upwards. The SpaceX-xAI merger tells much of this sorry tale. ATHENS – […]
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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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At a time Donald Trump, Big Tech and Wall Street deploy stablecoins to privatise the dollar, usurping the decentralising power of blockchain to enrich themselves at everyone else’s expense, here is an alternative use of blockchain that harnesses its decentralising powers to benefit everyone equally – to pay everyone a substantial, non-inflationary, basic dividend – […]
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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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“A mixture of stupidity and nastiness… The liberal establishment is primarily responsible for the genocide of the Palestinians.” In this episode of UNAPOLOGETIC, Yanis Varoufakis unleashes a fierce critique of Western liberalism, and tells us why he feels that the global system is in crisis. This episode explores the facade of Western moral superiority, the […]
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Neoliberalism was neither new nor particularly liberal when it prevailed 50 years ago. Its great advantage was its sharp deviation from classical liberalism. Even though it paid tribute to liberal thinkers, neoliberalism shared neither their method nor their concept of the market. Today, we are on the cusp of another, equally profound, ideological innovation. Unlike […]
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Donald Trump has upended the narrative on the Ukraine War. But what does it mean for the future of Europe? Plus a lot more on NATO, China, the US dollar, technofeudalism and our duty to stop the Palestinian genocide while fighting antisemitism. 0:00 – Intro to Yanis Varoufakis 2:26 – Did Ukraine Lose the War? […]
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Michael and I chatted about Trump’s tariffs, emphasising the need to see them as political tools that standard neoliberal economics can never fathom. On the ongoing genocide in Gaza, we discussed Trump’s ‘final real estate solution’ envisaging a Palestine without Palestinians – the Zionist’s wet dream. Finally, I explained why DeepSeek was a major blow […]
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Yanis Varoufakis joins host Chris Hedges on this episode of The Chris Hedges Report to explain how capitalism is dead and a new form of capital, the title of his new book, “Technofeudalism,” has arisen and holds power akin to the feudal lords of medieval times.
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