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– 10 JUNE 2021
THE LEGISLATIVE COMEBACK OF PATRIARCHAL MISOGYNY: GREEK Perhaps the greatest achievement of Greek progressives during the past four decades was the 1983 Family Law . It jolted Greece from the Dark Ages and, quite astonishingly, ushered in a legal framework regarding marriage, divorce and custody that was far ahead of its time, even when compared to the most progressive countries at the time (including the Scandinavian countries). MΈTA - DIEM25'S & MERA25'S CENTRE FOR POSTCAPITALIST Thank you for visiting my blog. As you have just clicked on ABOUT, I take the liberty of assuming that a tale on how this blog came intobeing, as well as a
'THE AUSTERITY DOCTRINE IN THE TIME OF CORONAVIRUS In the 3rd episode of Let’s Talk It Over regulars Brian Eno and Yanis Varoufakis welcomed very special guests Stephanie Kelton and Naomi Klein to discuss The Austerity Doctrine in the Time of Coronavirus. Here are some of the questions tackled in the program: Austerians for years told us that all hell would be unleashed on us if the government spent a little more. BREXIT: A RATIONAL CHOICE FOR THE WRONG REASONS The motives and thinking behind Brexit were even less worthy than those behind US President Richard Nixon’s move in 1971 to ditch the Bretton Woods system. But, as with the “Nixon shock,” there is a singular underlying historical factor that explains Brexit. ATHENS – At pivotal historical moments, rational political ruptures often arebrought about
RATIONAL CONFLICT
Rational Conflict. Conflict is a disconcerting notion. It brings to mind war, strikes, discord and, to the horror of economists, inefficiency. These days, when social scientists are urged to adopt game theory in their pursuit of social explanation, a theory of conflict becomes a study in the failings of common sense or ofcommunication
ANOTHER NOW
This is why writing, or reading, a book like ANOTHER NOW is important to those of us who feel ensnared in a socioeconomic system which, first, holds behind the majority and, second, enriches a tiny proportion who also end up insecure, unhappy and, ultimately, alienated, from a society whose only booming industries are Discontent, Depression and WHY BITCOIN IS NOT A SOCIALIST'S ALLY On 15th July, Ben Arc published in Bitcoin Magazine an open letter addressed to me in a bid to convince me that I should re-assess my rejection of Bitcoin as a force for good; as a bulwark for democratising capitalism and paving the ground for socialism. Here is my reply: Dear Ben Arc, Thank you for your open letter and your efforts to bring a socialist perspective to bear upon my assessment HOME - YANIS VAROUFAKISABOUTDIEM25CRISISTALKSOP-EDSINTERVIEWS Perhaps the greatest achievement of Greek progressives during the past four decades was the 1983 Family Law . It jolted Greece from the Dark Ages and, quite astonishingly, ushered in a legal framework regarding marriage, divorce and custody that was far ahead of its time, even when compared to the most progressive countries at the DISCUSSING THE GREAT SAUSAGE WAR, FOREIGN AID, LOCKDOWNS Fiona Bruce presents an hour of topical debate with a virtual audience from around the UK. On the panel: Gillian Keegan MP, minister for apprenticeships and skills, Conservative; Lucy Powell MP, shadow secretary of state for housing, Labour; Yanis Varoufakis, economist, author, former finance minister of Greece, member of the Greek parliament and founder of A BOSSLESS ECONOMY? DISCUSSING PARTICIPATORY ECONOMICS 443 Views 11/06/2021 Comments Off on Discussing the Great Sausage War, Foreign Aid, Lockdowns & Taking the Knee on BBC-TV’s Question Time– 10 JUNE 2021
THE LEGISLATIVE COMEBACK OF PATRIARCHAL MISOGYNY: GREEK Perhaps the greatest achievement of Greek progressives during the past four decades was the 1983 Family Law . It jolted Greece from the Dark Ages and, quite astonishingly, ushered in a legal framework regarding marriage, divorce and custody that was far ahead of its time, even when compared to the most progressive countries at the time (including the Scandinavian countries). MΈTA - DIEM25'S & MERA25'S CENTRE FOR POSTCAPITALIST Thank you for visiting my blog. As you have just clicked on ABOUT, I take the liberty of assuming that a tale on how this blog came intobeing, as well as a
'THE AUSTERITY DOCTRINE IN THE TIME OF CORONAVIRUS In the 3rd episode of Let’s Talk It Over regulars Brian Eno and Yanis Varoufakis welcomed very special guests Stephanie Kelton and Naomi Klein to discuss The Austerity Doctrine in the Time of Coronavirus. Here are some of the questions tackled in the program: Austerians for years told us that all hell would be unleashed on us if the government spent a little more. BREXIT: A RATIONAL CHOICE FOR THE WRONG REASONS The motives and thinking behind Brexit were even less worthy than those behind US President Richard Nixon’s move in 1971 to ditch the Bretton Woods system. But, as with the “Nixon shock,” there is a singular underlying historical factor that explains Brexit. ATHENS – At pivotal historical moments, rational political ruptures often arebrought about
RATIONAL CONFLICT
Rational Conflict. Conflict is a disconcerting notion. It brings to mind war, strikes, discord and, to the horror of economists, inefficiency. These days, when social scientists are urged to adopt game theory in their pursuit of social explanation, a theory of conflict becomes a study in the failings of common sense or ofcommunication
ANOTHER NOW
This is why writing, or reading, a book like ANOTHER NOW is important to those of us who feel ensnared in a socioeconomic system which, first, holds behind the majority and, second, enriches a tiny proportion who also end up insecure, unhappy and, ultimately, alienated, from a society whose only booming industries are Discontent, Depression and WHY BITCOIN IS NOT A SOCIALIST'S ALLY On 15th July, Ben Arc published in Bitcoin Magazine an open letter addressed to me in a bid to convince me that I should re-assess my rejection of Bitcoin as a force for good; as a bulwark for democratising capitalism and paving the ground for socialism. Here is my reply: Dear Ben Arc, Thank you for your open letter and your efforts to bring a socialist perspective to bear upon my assessment A BOSSLESS ECONOMY? DISCUSSING PARTICIPATORY ECONOMICS 443 Views 11/06/2021 Comments Off on Discussing the Great Sausage War, Foreign Aid, Lockdowns & Taking the Knee on BBC-TV’s Question Time– 10 JUNE 2021
IS UNIVERSAL BASIC INCOME A GOOD IDEA? MY DEBATE WITH Pairagragh hosts structured debates between pairs of scholars, politicians etc. taking opposing views on some issue. In this one, Daron Acemoglu and I are debating Universal Basic Income – Daron opposing it and I defending it. Enjoy! Daron Acemoglou’s opening salvo We need a better and stronger social safety net. We need ways ofcombating
IN CONVERSATION WITH DAVID MCWILLIAMS ON THE FUTURE AFTER David McWilliams and I have had many conversations, often in front of large audiences in Ireland, on the economics and politics of Europe, Brexit, Ireland, Greece, the world. In this latest conversation we are discussing the impact of Covid-19 on capitalism. The extract below, published by The Guardian, comes from the last chapter of anDOCUMENTO ARCHIVES
Beginnings: From the dictatorship of the Colonels to the tyranny of economics; Early academic path: From England to Australia to Greece; From personal calamity to restored hope TECHNO-FEUDALISM & THE END OF CAPITALISM “If you know of Yanis Varoufakis, you know him as the economist and Greek finance minister whose nuanced analyses of the crisis of 2008 became perhaps the defining voice among left-wing critics of global finance. If you don’t know who he is, it’s never too late to get to know him – and conveniently Yanis’s most recentRATIONAL CONFLICT
Rational Conflict. Conflict is a disconcerting notion. It brings to mind war, strikes, discord and, to the horror of economists, inefficiency. These days, when social scientists are urged to adopt game theory in their pursuit of social explanation, a theory of conflict becomes a study in the failings of common sense or ofcommunication
ANOTHER NOW
This is why writing, or reading, a book like ANOTHER NOW is important to those of us who feel ensnared in a socioeconomic system which, first, holds behind the majority and, second, enriches a tiny proportion who also end up insecure, unhappy and, ultimately, alienated, from a society whose only booming industries are Discontent, Depression and AUSTERITY’S HIDDEN PURPOSE Austerity’s hidden purpose – Project Syndicate/Katmandu Post. Back in the 1830s, Thomas Peel decided to migrate from England to the Swan River in Western Australia. A man of means, Peel took along, besides his family, ‘300 persons of the working class, men, women, and children,’ as well as ‘means of subsistence and production to the DRAGHI'S OUTRAGEOUS DEPLOYMENT OF MCKINSEY, EUROPE'S Last week, upon hearing that Mario Draghi, as Italy’s new PM, employed McKinsey to advise the government on how to spend the billions of the EU Recovery Fund, I tweeted, in anger and frustration: So predictable, so sad: Mario Draghi hired McKinsey to DON MILLIGAN REVIEWS ANOTHER NOW IN PROMETHEUS Don Milligan reviews ANOTHER NOW in Prometheus. Yanis Varoufakis’s dispatches from an alternative present must be read, reviews and precis will not do. It’s a tough read, not so much a novel, as a meditation on the technical and social impasse we appear to have arrived at. The potential for instituting real change provided by thepandemic
HOME - YANIS VAROUFAKISABOUTDIEM25CRISISTALKSOP-EDSINTERVIEWS Perhaps the greatest achievement of Greek progressives during the past four decades was the 1983 Family Law . It jolted Greece from the Dark Ages and, quite astonishingly, ushered in a legal framework regarding marriage, divorce and custody that was far ahead of its time, even when compared to the most progressive countries at the DISCUSSING THE GREAT SAUSAGE WAR, FOREIGN AID, LOCKDOWNS Fiona Bruce presents an hour of topical debate with a virtual audience from around the UK. On the panel: Gillian Keegan MP, minister for apprenticeships and skills, Conservative; Lucy Powell MP, shadow secretary of state for housing, Labour; Yanis Varoufakis, economist, author, former finance minister of Greece, member of the Greek parliament and founder of BOOKS - YANIS VAROUFAKIS Books - Yanis Varoufakis My English language books include (click on the titles for more): And The Weak Suffer What They Must? Europe’s Crisis and America’s Economic Future, New York: Nation Books, 2016 The Global Minotaur: America, the True Causes of the Financial Crisis and the Future of the World Economy (also available in German, Greek, Czech, Italian, Spanish, French, Serbian, and A BOSSLESS ECONOMY? DISCUSSING PARTICIPATORY ECONOMICS 443 Views 11/06/2021 Comments Off on Discussing the Great Sausage War, Foreign Aid, Lockdowns & Taking the Knee on BBC-TV’s Question Time– 10 JUNE 2021
DISCUSSING EVENTS IN PALESTINE WITH ILAN PAPPÉ In the context of a long discussion organised by the University of Exeter, on the transition from capitalism to technofeudalism, we dedicated 15′ discussing recent events in Palestine/Israel and the manner in which the Israeli state is pursuing its Apartheid policies both within Israel and the Occupied Territories For the broader discussion click here. MΈTA - DIEM25'S & MERA25'S CENTRE FOR POSTCAPITALIST Thank you for visiting my blog. As you have just clicked on ABOUT, I take the liberty of assuming that a tale on how this blog came intobeing, as well as a
FROM THE PECULIAR FAILURE OF ECONOMIC THEORY TO CAPITALISM We met to discuss economic theory’s curious failures, how they relate to neoliberalist ideology, the manner in which the Crash of 2008 gave rise to the transition of capitalism to technofeudalism, and the prospects of international solidarity to give humanity a chance to escape both technofeudalism and the climate emergency. However, wespent the first
THE LEGISLATIVE COMEBACK OF PATRIARCHAL MISOGYNY: GREEK Perhaps the greatest achievement of Greek progressives during the past four decades was the 1983 Family Law . It jolted Greece from the Dark Ages and, quite astonishingly, ushered in a legal framework regarding marriage, divorce and custody that was far ahead of its time, even when compared to the most progressive countries at the time (including the Scandinavian countries). BREXIT: A RATIONAL CHOICE FOR THE WRONG REASONS The motives and thinking behind Brexit were even less worthy than those behind US President Richard Nixon’s move in 1971 to ditch the Bretton Woods system. But, as with the “Nixon shock,” there is a singular underlying historical factor that explains Brexit. ATHENS – At pivotal historical moments, rational political ruptures often arebrought about
HOME - YANIS VAROUFAKISABOUTDIEM25CRISISTALKSOP-EDSINTERVIEWS Perhaps the greatest achievement of Greek progressives during the past four decades was the 1983 Family Law . It jolted Greece from the Dark Ages and, quite astonishingly, ushered in a legal framework regarding marriage, divorce and custody that was far ahead of its time, even when compared to the most progressive countries at the DISCUSSING THE GREAT SAUSAGE WAR, FOREIGN AID, LOCKDOWNS Fiona Bruce presents an hour of topical debate with a virtual audience from around the UK. On the panel: Gillian Keegan MP, minister for apprenticeships and skills, Conservative; Lucy Powell MP, shadow secretary of state for housing, Labour; Yanis Varoufakis, economist, author, former finance minister of Greece, member of the Greek parliament and founder of BOOKS - YANIS VAROUFAKIS Books - Yanis Varoufakis My English language books include (click on the titles for more): And The Weak Suffer What They Must? Europe’s Crisis and America’s Economic Future, New York: Nation Books, 2016 The Global Minotaur: America, the True Causes of the Financial Crisis and the Future of the World Economy (also available in German, Greek, Czech, Italian, Spanish, French, Serbian, and A BOSSLESS ECONOMY? DISCUSSING PARTICIPATORY ECONOMICS 443 Views 11/06/2021 Comments Off on Discussing the Great Sausage War, Foreign Aid, Lockdowns & Taking the Knee on BBC-TV’s Question Time– 10 JUNE 2021
DISCUSSING EVENTS IN PALESTINE WITH ILAN PAPPÉ In the context of a long discussion organised by the University of Exeter, on the transition from capitalism to technofeudalism, we dedicated 15′ discussing recent events in Palestine/Israel and the manner in which the Israeli state is pursuing its Apartheid policies both within Israel and the Occupied Territories For the broader discussion click here. MΈTA - DIEM25'S & MERA25'S CENTRE FOR POSTCAPITALIST Thank you for visiting my blog. As you have just clicked on ABOUT, I take the liberty of assuming that a tale on how this blog came intobeing, as well as a
FROM THE PECULIAR FAILURE OF ECONOMIC THEORY TO CAPITALISM We met to discuss economic theory’s curious failures, how they relate to neoliberalist ideology, the manner in which the Crash of 2008 gave rise to the transition of capitalism to technofeudalism, and the prospects of international solidarity to give humanity a chance to escape both technofeudalism and the climate emergency. However, wespent the first
THE LEGISLATIVE COMEBACK OF PATRIARCHAL MISOGYNY: GREEK Perhaps the greatest achievement of Greek progressives during the past four decades was the 1983 Family Law . It jolted Greece from the Dark Ages and, quite astonishingly, ushered in a legal framework regarding marriage, divorce and custody that was far ahead of its time, even when compared to the most progressive countries at the time (including the Scandinavian countries). BREXIT: A RATIONAL CHOICE FOR THE WRONG REASONS The motives and thinking behind Brexit were even less worthy than those behind US President Richard Nixon’s move in 1971 to ditch the Bretton Woods system. But, as with the “Nixon shock,” there is a singular underlying historical factor that explains Brexit. ATHENS – At pivotal historical moments, rational political ruptures often arebrought about
HOME - YANIS VAROUFAKIS Perhaps the greatest achievement of Greek progressives during the past four decades was the 1983 Family Law . It jolted Greece from the Dark Ages and, quite astonishingly, ushered in a legal framework regarding marriage, divorce and custody that was far ahead of its time, even when compared to the most progressive countries at the BOOKS - YANIS VAROUFAKIS Books - Yanis Varoufakis My English language books include (click on the titles for more): And The Weak Suffer What They Must? Europe’s Crisis and America’s Economic Future, New York: Nation Books, 2016 The Global Minotaur: America, the True Causes of the Financial Crisis and the Future of the World Economy (also available in German, Greek, Czech, Italian, Spanish, French, Serbian, and A BOSSLESS ECONOMY? DISCUSSING PARTICIPATORY ECONOMICS 443 Views 11/06/2021 Comments Off on Discussing the Great Sausage War, Foreign Aid, Lockdowns & Taking the Knee on BBC-TV’s Question Time– 10 JUNE 2021
IS UNIVERSAL BASIC INCOME A GOOD IDEA? MY DEBATE WITH Pairagragh hosts structured debates between pairs of scholars, politicians etc. taking opposing views on some issue. In this one, Daron Acemoglu and I are debating Universal Basic Income – Daron opposing it and I defending it. Enjoy! Daron Acemoglou’s opening salvo We need a better and stronger social safety net. We need ways ofcombating
IN CONVERSATION WITH DAVID MCWILLIAMS ON THE FUTURE AFTER David McWilliams and I have had many conversations, often in front of large audiences in Ireland, on the economics and politics of Europe, Brexit, Ireland, Greece, the world. In this latest conversation we are discussing the impact of Covid-19 on capitalism. The extract below, published by The Guardian, comes from the last chapter of anDOCUMENTO ARCHIVES
Beginnings: From the dictatorship of the Colonels to the tyranny of economics; Early academic path: From England to Australia to Greece; From personal calamity to restored hopeANOTHER NOW
This is why writing, or reading, a book like ANOTHER NOW is important to those of us who feel ensnared in a socioeconomic system which, first, holds behind the majority and, second, enriches a tiny proportion who also end up insecure, unhappy and, ultimately, alienated, from a society whose only booming industries are Discontent, Depression andGREECE ARCHIVES
Yanis Varoufakis: “Syriza Was a Bigger Blow to the Left Than Thatcher” – JACOBIN. Former Greek finance minister Yanis Varoufakis told Jacobin why he’s publishing his secret recordings of the critical Eurogroup meetings of 2015 — and why the Left around Europe is struggling to overcome Syriza’s disastrous legacy. 'THE FUTURE OF THE EU AFTER BREXIT' Thank you for visiting my blog. As you have just clicked on ABOUT, I take the liberty of assuming that a tale on how this blog came intobeing, as well as a
DON MILLIGAN REVIEWS ANOTHER NOW IN PROMETHEUS Don Milligan reviews ANOTHER NOW in Prometheus. Yanis Varoufakis’s dispatches from an alternative present must be read, reviews and precis will not do. It’s a tough read, not so much a novel, as a meditation on the technical and social impasse we appear to have arrived at. The potential for instituting real change provided by thepandemic
HOME - YANIS VAROUFAKISABOUTDIEM25CRISISTALKSOP-EDSINTERVIEWS Perhaps the greatest achievement of Greek progressives during the past four decades was the 1983 Family Law . It jolted Greece from the Dark Ages and, quite astonishingly, ushered in a legal framework regarding marriage, divorce and custody that was far ahead of its time, even when compared to the most progressive countries at the BOOKS - YANIS VAROUFAKISMEDIAVIDEOS&TVACADEMICTALKSTHE GLOBAL MINOTAURIN ITALIANNEWSWEEK
Books - Yanis Varoufakis My English language books include (click on the titles for more): And The Weak Suffer What They Must? Europe’s Crisis and America’s Economic Future, New York: Nation Books, 2016 The Global Minotaur: America, the True Causes of the Financial Crisis and the Future of the World Economy (also available in German, Greek, Czech, Italian, Spanish, French, Serbian, and MΈTA - DIEM25'S & MERA25'S CENTRE FOR POSTCAPITALIST Thank you for visiting my blog. As you have just clicked on ABOUT, I take the liberty of assuming that a tale on how this blog came intobeing, as well as a
THE LEGISLATIVE COMEBACK OF PATRIARCHAL MISOGYNY: GREEK Perhaps the greatest achievement of Greek progressives during the past four decades was the 1983 Family Law . It jolted Greece from the Dark Ages and, quite astonishingly, ushered in a legal framework regarding marriage, divorce and custody that was far ahead of its time, even when compared to the most progressive countries at the time (including the Scandinavian countries). DISCUSSING EVENTS IN PALESTINE WITH ILAN PAPPÉ In the context of a long discussion organised by the University of Exeter, on the transition from capitalism to technofeudalism, we dedicated 15′ discussing recent events in Palestine/Israel and the manner in which the Israeli state is pursuing its Apartheid policies both within Israel and the Occupied Territories For the broader discussion click here. 'THE AUSTERITY DOCTRINE IN THE TIME OF CORONAVIRUS In the 3rd episode of Let’s Talk It Over regulars Brian Eno and Yanis Varoufakis welcomed very special guests Stephanie Kelton and Naomi Klein to discuss The Austerity Doctrine in the Time of Coronavirus. Here are some of the questions tackled in the program: Austerians for years told us that all hell would be unleashed on us if the government spent a little more. THE EU’S MULTIPLE FAILURES ARE DUE TO ITS IMMUNITY TO From denial, to grudging acceptance, to substantial intervention, to debacle: that was the European Union’s trajectory once the storm that nearly consumed Wall Street in 2008 had crossed the Atlantic, starting the euro crisis. Twelve years later, the EU’s reaction to Covid-19’s arrival is following an ominously comparable trajectory. Eurosceptics take aim at the EU’s WHY BITCOIN IS NOT A SOCIALIST'S ALLY On 15th July, Ben Arc published in Bitcoin Magazine an open letter addressed to me in a bid to convince me that I should re-assess my rejection of Bitcoin as a force for good; as a bulwark for democratising capitalism and paving the ground for socialism. Here is my reply: Dear Ben Arc, Thank you for your open letter and your efforts to bring a socialist perspective to bear upon my assessment BREXIT: A RATIONAL CHOICE FOR THE WRONG REASONS The motives and thinking behind Brexit were even less worthy than those behind US President Richard Nixon’s move in 1971 to ditch the Bretton Woods system. But, as with the “Nixon shock,” there is a singular underlying historical factor that explains Brexit. ATHENS – At pivotal historical moments, rational political ruptures often arebrought about
INEQUALITY: SHOULD WE CARE? A DEBATE BETWEEN Y. BROOK (AYN Witness a dramatic battle of ideas between two internationally known speakers over the question of whether or not we should be concerned about economic inequality. A debate between Dr. Yaron Brook, of the Ayn Rand Institute, and Dr. James Galbraith, of UT’s Inequality Project. Dr. Yanis Varoufakis, of the LBJ School of Public Affairs,will moderate.With
HOME - YANIS VAROUFAKISABOUTDIEM25CRISISTALKSOP-EDSINTERVIEWS Perhaps the greatest achievement of Greek progressives during the past four decades was the 1983 Family Law . It jolted Greece from the Dark Ages and, quite astonishingly, ushered in a legal framework regarding marriage, divorce and custody that was far ahead of its time, even when compared to the most progressive countries at the BOOKS - YANIS VAROUFAKISMEDIAVIDEOS&TVACADEMICTALKSTHE GLOBAL MINOTAURIN ITALIANNEWSWEEK
Books - Yanis Varoufakis My English language books include (click on the titles for more): And The Weak Suffer What They Must? Europe’s Crisis and America’s Economic Future, New York: Nation Books, 2016 The Global Minotaur: America, the True Causes of the Financial Crisis and the Future of the World Economy (also available in German, Greek, Czech, Italian, Spanish, French, Serbian, and MΈTA - DIEM25'S & MERA25'S CENTRE FOR POSTCAPITALIST Thank you for visiting my blog. As you have just clicked on ABOUT, I take the liberty of assuming that a tale on how this blog came intobeing, as well as a
THE LEGISLATIVE COMEBACK OF PATRIARCHAL MISOGYNY: GREEK Perhaps the greatest achievement of Greek progressives during the past four decades was the 1983 Family Law . It jolted Greece from the Dark Ages and, quite astonishingly, ushered in a legal framework regarding marriage, divorce and custody that was far ahead of its time, even when compared to the most progressive countries at the time (including the Scandinavian countries). DISCUSSING EVENTS IN PALESTINE WITH ILAN PAPPÉ In the context of a long discussion organised by the University of Exeter, on the transition from capitalism to technofeudalism, we dedicated 15′ discussing recent events in Palestine/Israel and the manner in which the Israeli state is pursuing its Apartheid policies both within Israel and the Occupied Territories For the broader discussion click here. 'THE AUSTERITY DOCTRINE IN THE TIME OF CORONAVIRUS In the 3rd episode of Let’s Talk It Over regulars Brian Eno and Yanis Varoufakis welcomed very special guests Stephanie Kelton and Naomi Klein to discuss The Austerity Doctrine in the Time of Coronavirus. Here are some of the questions tackled in the program: Austerians for years told us that all hell would be unleashed on us if the government spent a little more. THE EU’S MULTIPLE FAILURES ARE DUE TO ITS IMMUNITY TO From denial, to grudging acceptance, to substantial intervention, to debacle: that was the European Union’s trajectory once the storm that nearly consumed Wall Street in 2008 had crossed the Atlantic, starting the euro crisis. Twelve years later, the EU’s reaction to Covid-19’s arrival is following an ominously comparable trajectory. Eurosceptics take aim at the EU’s WHY BITCOIN IS NOT A SOCIALIST'S ALLY On 15th July, Ben Arc published in Bitcoin Magazine an open letter addressed to me in a bid to convince me that I should re-assess my rejection of Bitcoin as a force for good; as a bulwark for democratising capitalism and paving the ground for socialism. Here is my reply: Dear Ben Arc, Thank you for your open letter and your efforts to bring a socialist perspective to bear upon my assessment BREXIT: A RATIONAL CHOICE FOR THE WRONG REASONS The motives and thinking behind Brexit were even less worthy than those behind US President Richard Nixon’s move in 1971 to ditch the Bretton Woods system. But, as with the “Nixon shock,” there is a singular underlying historical factor that explains Brexit. ATHENS – At pivotal historical moments, rational political ruptures often arebrought about
INEQUALITY: SHOULD WE CARE? A DEBATE BETWEEN Y. BROOK (AYN Witness a dramatic battle of ideas between two internationally known speakers over the question of whether or not we should be concerned about economic inequality. A debate between Dr. Yaron Brook, of the Ayn Rand Institute, and Dr. James Galbraith, of UT’s Inequality Project. Dr. Yanis Varoufakis, of the LBJ School of Public Affairs,will moderate.With
BOOKS - YANIS VAROUFAKIS Books - Yanis Varoufakis My English language books include (click on the titles for more): And The Weak Suffer What They Must? Europe’s Crisis and America’s Economic Future, New York: Nation Books, 2016 The Global Minotaur: America, the True Causes of the Financial Crisis and the Future of the World Economy (also available in German, Greek, Czech, Italian, Spanish, French, Serbian, and 'THE FUTURE OF THE EU AFTER BREXIT' Thank you for visiting my blog. As you have just clicked on ABOUT, I take the liberty of assuming that a tale on how this blog came intobeing, as well as a
AUSTERITY’S HIDDEN PURPOSE Austerity’s hidden purpose – Project Syndicate/Katmandu Post. Back in the 1830s, Thomas Peel decided to migrate from England to the Swan River in Western Australia. A man of means, Peel took along, besides his family, ‘300 persons of the working class, men, women, and children,’ as well as ‘means of subsistence and production to the FOOTBALL TAKES CAPITALISM OUT OF BOUNDS Football Takes Capitalism Out of Bounds – Project Syndicate. Europe has discovered its moral Rubicon, the frontier beyond which commodification becomes intolerable. The line in the sand that Europeans refuse to cross, come what may, has just been drawn. We bowed to bankers who almost blew up capitalism, bailing them out atthe expense of our
RATIONAL CONFLICT
Rational Conflict. Conflict is a disconcerting notion. It brings to mind war, strikes, discord and, to the horror of economists, inefficiency. These days, when social scientists are urged to adopt game theory in their pursuit of social explanation, a theory of conflict becomes a study in the failings of common sense or ofcommunication
TO RID OURSELVES OF GDP WE NEED TO MOVE BEYOND CAPITALISM In a reaction to a throwaway line of mine in this interview relating to my new book ANOTHER NOW, Timothée Parrique wrote this piece. I find it hard to disagree with anything of substance he wrote. I was not even upset that Timothée (who clearly has not read my book) misrepresented my position, making me sound as if supportive/tolerant of GDP-growth as a reasonable goal (I am not andANOTHER NOW
This is why writing, or reading, a book like ANOTHER NOW is important to those of us who feel ensnared in a socioeconomic system which, first, holds behind the majority and, second, enriches a tiny proportion who also end up insecure, unhappy and, ultimately, alienated, from a society whose only booming industries are Discontent, Depression and DON MILLIGAN REVIEWS ANOTHER NOW IN PROMETHEUS Don Milligan reviews ANOTHER NOW in Prometheus. Yanis Varoufakis’s dispatches from an alternative present must be read, reviews and precis will not do. It’s a tough read, not so much a novel, as a meditation on the technical and social impasse we appear to have arrived at. The potential for instituting real change provided by thepandemic
FIVE LESSONS FROM THE GREEK PSI PSI losses. Lesson 2: It is important that the public is warned that a PSI involving a nominal haircut of X billions does not mean that debt will go down by X billions. In Greece’s case, public debt prior to the PSI was €355 billion (2011), a nominal haircut X=€100 billion was effected in 2012, but the debt only went down to €304 CRASHED: LONG VERSION OF MY OBSERVER REVIEW OF ADAM TOOZE Every so often humanity manages genuinely to surprise itself. Events to which we had previously assigned zero probability push us into what the ancient Greeks referred to as aporia: a state of intense bafflement urgently demanding a new model of the world we live in. The Crash of 2008 was such a moment. Suddenly, theSELECTED POSTS
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DIEM25 WILL CONTEST THE EUROPEAN PARLIAMENT ELECTIONS IN ITALY – PRESS CONFERENCE ANNOUNCEMENT, ROME, 26TH OCT 2018Yanis Varoufakis
THOUGHTS FOR THE POST-2008 WORLD*
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* Early academic path: From England to Australia to Greece * From personal calamity to restored hope * Crisis and its personal impact * Selected academic articles* DiEM25
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* The Global Minotaur * Modern Political Economics: __ * Foundations of Economics: A beginner’s companion * ECONOMIC INDETERMINACY* PREFACE
* Table of Contents
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A CHRONICLE OF A LOST DECADE FORETOLD – FILMSFORACTION & PROJECTSYNDICATE
WHAT COMES AFTER CAPITALISM? (VIDEO BY SUSTAINABLE HUMAN) THE 9TH APRIL EUROGROUP ENDED THE PROSPECT OF SAVING THE EU & HERALDED MORE FISCAL WATERBOARDING FOR OUR COUNTRIES – SPEECH IN GREECE’S PARLIAMENT (SUBTITLED) .item" data-cycle-pager=".slider-nav" data-cycle-timeout="10000" data-cycle-pager-template="">Box0_TOP_ENG
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PROGRESSIVE INTERNATIONALProject Syndicate
A CHRONICLE OF A LOST DECADE FORETOLD – FILMSFORACTION & PROJECTSYNDICATE
Box0_TOP_ENG
English Politics
and Economics
PROGRESSIVE INTERNATIONALProject Syndicate
A CHRONICLE OF A LOST DECADE FORETOLD – FILMSFORACTION & PROJECTSYNDICATE
Box0_TOP_ENG
English Politics
and Economics
Talking to my daughter about the economy: A brief history ofcapitalism
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THE 9TH APRIL EUROGROUP ENDED THE PROSPECT OF SAVING THE EU & HERALDED MORE FISCAL WATERBOARDING FOR OUR COUNTRIES – SPEECH IN GREECE’S PARLIAMENT (SUBTITLED)__
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CAPITALISM WRECKS DEMOCRACY – TED TALKSELECTED VIDEOS
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ΟΙ ΠΟΛΊΤΕΣ ΧΡΕΙΆΖΟΝΤΑΙ ΠΡΟΣΤΑΣΊΑ ΑΛΛΆ ΕΣΕΊΣ ΤΟΥΣ ΠΡΟΣΦΈΡΕΤΕ ΜΕΓΆΛΑ ΛΌΓΙΑ ΤΗΝ ΏΡΑ ΠΟΥ ΠΡΟΣΤΑΤΕΎΕΤΕ ΤΑ ΑΡΠΑΚΤΙΚΆ – ΒΙΝΤΕΟ*
“ΑΝ ΈΧΕΤΕ ΤΗΝ ΟΙΚΟΝΟΜΊΑ ΥΠΌ ΈΛΕΓΧΟ, ΓΙΑΤΊ ΔΕΝ ΑΠΑΝΤΆΤΕ; ΠΟΙΌ ΘΑ ΕΊΝΑΙ ΤΟ ΈΛΛΕΙΜΜΑ ΠΟΥ ΘΑ ΦΈΡΕΙ ΜΈΤΡΑ ΚΑΙ 5Ο ΜΝΗΜΌΝΙΟ;” ΒΟΥΛΗ, ΠΑΡΑΣΚΕΥΉ 29 ΜΑΊΟΥ*
ΜΕ ΤΟΝ ΓΙΏΡΓΟ ΣΑΧΊΝΗ ΣΤΗΝ ΚΑΤΆΣΤΑΣΗ ΠΟΛΙΟΡΚΊΑΣ ΓΙΑ ΤΗΝ ΔΗΜΟΣΙΟΓΡΑΦΊΑ, ΤΟΥΣ DIRE STRAITS ΚΑΙ ΠΟΛΛΆ ΆΛΛΑ – ΜΈΡΑ-TV*
ONE SMALL STEP TOWARD POSTCAPITALISM: A UNIVERSAL BASIC DIVIDEND TO CHANGE THE GAME’S RULES – VIDEO BY SUSTAINABLE HUMAN*
JAMIE GALBRAITH ON DIEM-TV’S ‘ANOTHER NOW’ DISCUSSING THE “CRIMINAL INCAPACITY OF THE ELITES”*
ΣΥΖΗΤΏΝΤΑΣ ΜΕ ΤΗΝ ΠΆΟΛΑ ΡΕΒΕΝΙΏΤΗ ΣΤΗΝ “ΚΑΤΆΣΤΑΣΗ ΠΟΛΙΟΡΚΊΑΣ” ΤΟΥΜΈΡΑ-TV
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A CHRONICLE OF OUR BLEAK TWENTIES – CAMBRIDGE UNION ONLINE*
EUROPEAN OLIGARCHY HAS BANNED TRANSFER OF WEALTH TO POOR: INTERVIEWEDBY VIJAY PRASHAD
LATEST NEWS
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ONE SMALL STEP TOWARD POSTCAPITALISM: A UNIVERSAL BASIC DIVIDEND TO CHANGE THE GAME’S RULES – VIDEO BY SUSTAINABLE HUMAN Socialising part of capital’s returns is one small step toward a postcapitalism worth fighting for. A small step, yes. But a crucial one. You may also want to watch WHAT COMES AFTER CAPITALISMJune 1, 2020
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A CHRONICLE OF A LOST DECADE FORETOLD – FILMSFORACTION & PROJECTSYNDICATE
ATHENS – To exorcise my worst fears about the coming decade, I chose to write a bleak chronicle of it. If, by December 2030, developments have invalidated it, I hope such dreary prognoses will have played a part by spurring us to appropriate action. Before our pandemic-induced lockdowns, politics seemed to be a game. PoliticalJune 1, 2020
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JAMIE GALBRAITH ON DIEM-TV’S ‘ANOTHER NOW’ DISCUSSING THE “CRIMINAL INCAPACITY OF THE ELITES”May 26, 2020
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A CHRONICLE OF OUR BLEAK TWENTIES – CAMBRIDGE UNION ONLINE The good folk at Cambridge Union invited me to deliver a talk over the internet during our lockdown days. I chose to deliver a speech, or text, reciting what I fear might prove an accurate assessment of our BLEAK TWENTIES from the perspective of, say, December 2030. My great hope is that it is provenMay 24, 2020
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EUROPEAN OLIGARCHY HAS BANNED TRANSFER OF WEALTH TO POOR: INTERVIEWEDBY VIJAY PRASHAD
May 22, 2020
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HAVE MERKEL & MACRON JUST ANNOUNCED A EUROBOND-FUNDED GODSEND FOR THEEU? DIEM25’S VIEW
On Monday 19th May 2020, Chancellor Merkel and President Macron announced a joint proposal for a 500 billion euro common fund, to be financed by allowing the European Commission to borrow from the money markets. The fund will, according to the Merkel-Macron proposal, finance directly businesses across the EU – by means mainly oftransfers.
May 19, 2020
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CAPITALISM, DEMOCRACY AND EUROPE – INTERVIEWED FOR THE GREAT TRANSITION INITIATIVE As harsh austerity and xenophobic nationalism fester in Europe, Yanis Varoufakis discusses his antidote with Tellus Senior Fellow Allen White. What inspired your career trajectory from academic economist to prominent supranational activist? I went into politics because of the financial crisis of 2008. Had financial capitalism not imploded, I would have happily continued my quiteNovember 4, 2019
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NAOMI KLEIN SUPPORTS MERA25-DIEM25’S CAMPAIGN AGAINST OIL & GAS EXTRACTION IN GREECE This morning, in Greece’s Parliament, MeRA25’s parliamentarians are staging an all-out struggle against the ratification of disastrous contracts between the previous (SYRIZA) government and multinational oil companies. The contracts to be ratified give the companies (including Exxon-Mobil and Total) full licence to drill, extract and exploit gas & oil reserves across Greece’s beautiful seas (Ionian,October 2, 2019
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Box3_ENG DiEM25
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ATOSSA ARAXIA ABRAHAMIAN, OF THE NATION, ON THE PROGRESSIVE INTERNATIONAL – AUDIO__
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LAUNCH OF GENERATION-S & EUROPEAN SPRING IN PARIS, 6 DEC 2018__ __ __ __
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DIEM25’S EUROPEAN NEW DEAL PLAN CAN SUCCEED WHERE MACRON AND PIKETTY FAILED – THE GUARDIANUS
Thank you for visiting my blog. As you have just clicked on ABOUT, I take the liberty of assuming that a tale on how this blog came into being, as well as a few intimate details on its author, may be inorder
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ΟΙ ΠΟΛΊΤΕΣ ΧΡΕΙΆΖΟΝΤΑΙ ΠΡΟΣΤΑΣΊΑ ΑΛΛΆ ΕΣΕΊΣ ΤΟΥΣ ΠΡΟΣΦΈΡΕΤΕ ΜΕΓΆΛΑ ΛΌΓΙΑ ΤΗΝ ΏΡΑ ΠΟΥ ΠΡΟΣΤΑΤΕΎΕΤΕ ΤΑ ΑΡΠΑΚΤΙΚΆ – ΒΙΝΤΕΟ*
“ΑΝ ΈΧΕΤΕ ΤΗΝ ΟΙΚΟΝΟΜΊΑ ΥΠΌ ΈΛΕΓΧΟ, ΓΙΑΤΊ ΔΕΝ ΑΠΑΝΤΆΤΕ; ΠΟΙΌ ΘΑ ΕΊΝΑΙ ΤΟ ΈΛΛΕΙΜΜΑ ΠΟΥ ΘΑ ΦΈΡΕΙ ΜΈΤΡΑ ΚΑΙ 5Ο ΜΝΗΜΌΝΙΟ;” ΒΟΥΛΗ, ΠΑΡΑΣΚΕΥΉ 29 ΜΑΊΟΥ*
ΜΕ ΤΟΝ ΓΙΏΡΓΟ ΣΑΧΊΝΗ ΣΤΗΝ ΚΑΤΆΣΤΑΣΗ ΠΟΛΙΟΡΚΊΑΣ ΓΙΑ ΤΗΝ ΔΗΜΟΣΙΟΓΡΑΦΊΑ, ΤΟΥΣ DIRE STRAITS ΚΑΙ ΠΟΛΛΆ ΆΛΛΑ – ΜΈΡΑ-TV*
ONE SMALL STEP TOWARD POSTCAPITALISM: A UNIVERSAL BASIC DIVIDEND TO CHANGE THE GAME’S RULES – VIDEO BY SUSTAINABLE HUMAN*
A CHRONICLE OF A LOST DECADE FORETOLD – FILMSFORACTION & PROJECTSYNDICATE
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JAMIE GALBRAITH ON DIEM-TV’S ‘ANOTHER NOW’ DISCUSSING THE “CRIMINAL INCAPACITY OF THE ELITES”*
ΣΥΖΗΤΏΝΤΑΣ ΜΕ ΤΗΝ ΠΆΟΛΑ ΡΕΒΕΝΙΏΤΗ ΣΤΗΝ “ΚΑΤΆΣΤΑΣΗ ΠΟΛΙΟΡΚΊΑΣ” ΤΟΥΜΈΡΑ-TV
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A CHRONICLE OF OUR BLEAK TWENTIES – CAMBRIDGE UNION ONLINE*
EUROPEAN OLIGARCHY HAS BANNED TRANSFER OF WEALTH TO POOR: INTERVIEWEDBY VIJAY PRASHAD
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