Yanis Varoufakis On Capitalism Is Dead And Imagining A Fairer and More Equal Society

The BEST discussion of our times I have been listening to!

One of the best and most hopeful interviews I’ve seen in these dark and terrifying times. Well done - well shared.

I'm a big fan, as well! Love hearing from Yanis --> common sense + integrity!!! 🤝🏻✊🏻🙏🏻

Excellent talk! Thank you! Please also invite Gary Stevenson who worked as a trader and saw the system from the inside, and exposes the same things …

Yanis is always so clear in his explanations and inspires a degree of trust in his view. It's a view that is shared by others such as Steve Keen (at least in principle) and gives me confidence in this analysis. I will definitely read the book as the details in this episode were tantalisingly few! I am hoping that alongside this reorganisation of the way businesses are structured there is also something about UBI and the decoupling of money from the labour market as well as the reduction in consumption generally. Perhaps I am looking beyond he scope of the book for a global approach but maybe not....

One Love! Always forward, never ever backward!! ☀️☀️☀️ 💚💛❤️ 🙏🏿🙏🙏🏼

This should be part of the school curriculum ❤❤❤

He is Professor Emeritus of the current world. What insight you share not only with your wisdom but with your viewpoint changing guests. Thank you. Thank you, Mo.

I find Yanis Varoufakis excellent at explaining how we got to where we are today. Yanis, correctly, compares today's economic and social times to Feudalism-adjacent. Personally, I think we also need to continue to understand how and by whom America was created. The Feudal system was ultimately, undone by the creation of a merchant class. These were the people who refused to work as serfs anymore, and chose to become the explorers and the traders who generated their own money from buying and selling commodities from Asia and the Middle East to the land-owning gentry of Europe. Fast forward and these are the people who chose to move to the New World and start the 13 colonies that become the United States. This Merchant Class rebelled against the British aristocracy and ended up creating the first country to be run by the Merchant Class. The issue is we have lived out what happens when the world superpower is rule by the landed aristocracy that do not work, but govern, and oppress the working class that own nothing. It's revolution and rebellion. But we have not, until now, begun to lived out what happens when the world's leading superpower is ruled by a merchant class whose claim to power is the very stance that they "worked" for it. Despite ultimately, turning everything into a commodity, and turning everyone into commoditized consumers, they wield their story of a meritocracy like a sword against anyone who speaks out against their position of power. So, what will be the ultimate outcome?..I don't have an answer. We are living it out right now. But, I think first and foremost, we have to preserve the practice of Democracy. There is no way we will be able to fix this problem if everyone drops out and stops participating in the election of our leaders. That, in my opinion is essential.

Enlightened overview of our corrupt financial system, from two honest men. Unfortunately only 1% will get to see this, let alone understand it.

"I wanna start with the reality of our world today." Oh boy, I am up for a ride even though I just came from a Nate Hagens video.

Loved your Summary of this fascinating talk Mo........Yanis book is on my list......Thank you

Wowow. Thank you sooooo much for this conversation 😊❤

Yanis is amazing! He was my economics lecturer at university. Enlightening and inspiring.

Fantastic video, hopefully you get to interview him again with his new book Technofeudalism

Mr Varoufakis is Brillant , just downloaded another now from Audible

Wonderful conversation, Thank you Yanis and Mo🙏🏼

This podcast is pure gold! Thank you.

Thank you Mo and Yanis!!!!!!

Great interview and nice thoughts by Yanis. Now you only also need to incorporate the insights of Modrn Money Theory (MMT). Money does not only depend on the believe in it, but on taxes liabilities to the currency issuer. Therefore FIAT money is potenitally good, not production driven money Instead of further feeding the useless finacial markets, governments must start creating and spending money in the right amount to social, infrastructural and society-related issues. The amount of appliable money MUST thereby depend on tha available ressources and workers. So FIAT money can be really useful, if not abused in neoclassical and neoliberal thought boundaries, like austerity policies