The tech giants have overthrown capitalism. That’s the argument of former Greek finance minister Yanis Varoufakis, who became famous trying to defend debt-laden Greece from its German creditors. Varoufakis has never quite regained the notoriety of 2015. But he has remained a prominent left-wing voice. After a failed campaign for a seat in the European […]
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In this age of self-referential bubbles, of performative mutual demonisation and of siloed ideological camps that make debate impossible, it was a breath of fresh air to spot two reviews of my TECHNOFEUDALISM by conservative publications: The Washington Free Beacon and The European Conservative. Disagreeing agreeably must surely be a major improvement to unreasoned, mutually […]
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A meme is spreading: capitalism is dead. We’re toiling around in its carcass. Nothing appears as it seems in this zombie state of affairs. But why didn’t we notice? There’s confusion all over. Climate, Covid, Ukraine, Gaza. Is history accelerating, or, rather the opposite, stagnating, even regressing? In his latest book Techno Feudalism, Yanis Varoufakis states that […]
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“I never planned to be a politician. Never. Not in my wildest nightmares,” the economist and former Greek finance minister Yanis Varoufakis said the other day. He was fighting his way toward the exit at Columbia University’s Alfred Lerner Hall, where he’d just spoken at a conference on sustainable development. A man blocked his path: […]
The post NEW YORKER magazine: Has Capitalism Been Replaced by “Technofeudalism”? appeared first on Yanis Varoufakis.
Does Australia really want to become entangled in a war (Cold or Hot) between the US and China motivated by the clash of the world’s two super cloud fiefs?
The post Does Australia know what it is getting into viz. the US-China New Cold War? GUARDIAN AUSTRALIA podcast appeared first on Yanis Varoufakis.
In the not-too-distant past, many Marxist philosophers were weighed down by a shared despair. Capitalism, they feared, had become so totalizing, so all-consuming, that there was no longer any possibility of overthrowing it. “The philosophers have only interpreted the world, in various ways; the point is to change it,” Karl Marx famously wrote in 1845, […]
The post “It’s hard to read this book and deny its power” – WASHINGTON POST review of TECHNOFEUDALISM appeared first on Yanis Varoufakis.
“Europe and Australia are facing a common existential threat: a creeping irrelevance caused, on the one hand, by our failure properly to invest and, on the other hand, by our ill-considered slide from a strategic dependence on the United States to a non-strategic, self-defeating servility to Washington’s policy agenda.” Yanis Varoufakis’s address at the National […]
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On 14th February 2024, I had the great privilege of a live discussion with Aaron Bastani in front of a marvellous audience at EartH in Hackney, North-East London. We talked about, of course, Israel-Palestine, but also about China and, in particular, the New Cold War being waged for control of what I call cloud capital. […]
The post Our Present Moment in History: a wide-ranging discussion with Aaron Bastani in a packed EarthH Theatre – 14th FEB 2024 appeared first on Yanis Varoufakis.
When I admit to my fandom as we sit down for a zoom interview, he immediately tells me off. (This is exactly what I wanted.) “I don’t want fans in life, you know,” he says. “Ever since I entered politics, I acquired two things that I never wanted to have: enemies and fans.” You see, […]
The post FORTUNE Magazine’s Nick Lichtenberg reviews my TECHNOFEUDALISM appeared first on Yanis Varoufakis.
The idea that we are entering an era of techno-feudalism that will be worse than capitalism is chilling and controversial. We asked former Greek finance minister Yanis Varoufakis to elucidate this idea, explain how we got here, and map out some alternatives. The controversial concept of techno-feudalism suggests we have transitioned from capitalism to something even […]
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