Home » Posts tagged 'yanis varoufakis'
Tag Archives: yanis varoufakis
Yanis Varoufakis Banned from Germany as Berlin Police Raid & Shut Down Palestinian Conference
Yanis Varoufakis Banned from Germany as Berlin Police Raid & Shut Down Palestinian Conference As Germany intensifies its crackdown on pro-Palestinian voices, we speak with Greek economist and politician Yanis Varoufakis, one of the planned speakers at a conference in Berlin last weekend that was forcibly shut down by police. The Palestine Congress was scheduled […]
Yanis Varoufakis: We Are Living in a Post-Capitalist, Techno-Feudalist Dystopia
YANIS VAROUFAKIS: WE ARE LIVING IN A POST-CAPITALIST, TECHNO-FEUDALIST DYSTOPIA World-renowned Greek economist, author, and politician Yanis Varoufakis argues that global capitalism as we know it is dying—and something much worse is taking its place. Yanis Varoufakis speaks with This Is Revolution co-hosts Jason Myles and Pascal Robert. Screenshot/TRNN From the push to turn more […]
The COVID Class War
The COVID Class War The European Union’s proposed recovery fund to counter the pandemic’s economic fallout seems destined to leave the majority in every member state worse off. Finance will again be protected, if badly, while workers are left to foot the bill through new rounds of austerity. ATHENS – The euro crisis that erupted […]
Liberal Totalitarianism
Paco Freire/SOPA Images/LightRocket via Getty Images Liberal Totalitarianism It used to be an axiom of liberalism that freedom meant inalienable self-ownership. But liberal individualism seems to have been defeated by a totalitarianism that grew out of its own success at legitimizing the encroachment of branding and commodification into our personal space. LISBON – It used […]
The High Cost of Denying Class War
Matt Cards/Getty Images The High Cost of Denying Class War The rise of populism on both sides of the Atlantic is being investigated psychoanalytically, culturally, anthropologically, aesthetically, and of course in terms of identity politics. The only angle left unexplored is the one that holds the key to understanding what is going on: the […]
The Promise of Fiscal Money
Nur Photo/Getty Images The Promise of Fiscal Money One of the few remaining sacred cows of Western capitalism is the independence of central banks from elected governments. But in an age when fiscal policy has become an essential factor in determining the quantity of money lubricating the system, an independent monetary authority no longer makes […]
Spain’s Crisis is Europe’s Opportunity
Jorge Guerrero/Getty Images Spain’s Crisis is Europe’s Opportunity The Catalonia crisis is a strong hint from history that Europe needs to develop a new type of sovereignty, one that strengthens cities and regions, dissolves national particularism, and upholds democratic norms. Imagining a pan-European democracy is the prerequisite for imagining a Europe worth saving. ATHENS – […]
The ECB’s Illusory Independence
The ECB’s Illusory Independence ATHENS – A commitment to the independence of central banks is a vital part of the creed that “serious” policymakers are expected to uphold (privatization, labor-market “flexibility,” and so on). But what are central banks meant to be independent of? The answer seems obvious: governments. In this sense, the European Central […]
Yanis Varoufakis Issues a Major Warning to the Greek People
Yanis Varoufakis Issues a Major Warning to the Greek People Varoufakis said that Schäuble, Germany’s finance minister and the architect of the deals Greece signed in 2010 and 2012, was “consistent throughout”. “His view was ‘I’m not discussing the program – this was accepted by the previous [Greek] government and we can’t possibly allow an […]
Lies, Damn Lies, and European Growth Statistics
Lies, Damn Lies, and European Growth Statistics ATHENS – “Greece has at last returned to economic growth.” That was the official European Union storyline at the end of 2014. Alas, Greek voters, unimpressed by this rejoicing, ousted the incumbent government and, in January 2015, voted for a new administration in which I served as finance […]
The Balkanization of Europe
The Balkanization of Europe Danae Stratou, Ilargi, Yanis Varoufakis and Steve Keen Feb 16 2016When my mate Steve Keen took me to meet Yanis Varoufakis for dinner last week when we all happened to find ourselves in Athens together, I at least sort of regretted not having the time and space to talk to Yanis about […]
The Varoufakis Effect?
The Varoufakis Effect? ATHENS – In his end-of-2015 missive, Holger Schmieding of the Hamburg investment bank Berenberg warned his firm’s clients that what they should be worrying about now is political risk. To illustrate, he posted the diagram below, showing how business confidence collapsed in Greece during the late spring of 2015, and picked up again only […]
Greece’s Two Currencies
Greece’s Two Currencies ATHENS – Imagine a depositor in the US state of Arizona being permitted to withdraw only small amounts of cash weekly and facing restrictions on how much money he or she could wire to a bank account in California. Such capital controls, if they ever came about, would spell the end of […]
The Great Greek Bank Robbery
The Great Greek Bank Robbery ATHENS – Since 2008, bank bailouts have entailed a significant transfer of private losses to taxpayers in Europe and the United States. The latest Greek bank bailout constitutes a cautionary tale about how politics – in this case, Europe’s – is geared toward maximizing public losses for questionable private benefits. […]
Schäuble’s Gathering Storm
Schäuble’s Gathering Storm Europe’s crisis is poised to enter its most dangerous phase. After forcing Greece to accept another “extend-and-pretend” bailout agreement, fresh battle lines are being drawn. And, with the refugee influx exposing the damage caused by divergent economic prospects and sky-high youth unemployment in Europe’s periphery, the ramifications are ominous, as recent statements […]
