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Capitalism will eat democracy unless we speak up | Yanis Varoufakis

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from Technology Entertainment Design (TED) TED’s Channel https://www.youtube.com/user/TEDtalksDirector/videos Published on Feb 15, 2016 Have you wondered why politicians aren’t what they used to be, why governments seem unable to solve real problems? Economist Yanis Varoufakis, the former Minister of Finance for Greece, says that it’s because you can be in politics today but not be ...

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from Technology Entertainment Design (TED)



TED’s Channel


https://www.youtube.com/user/TEDtalksDirector/videos



Published on Feb 15, 2016


Have you wondered why politicians aren’t what they used to be, why governments seem unable to solve real problems? Economist Yanis Varoufakis, the former Minister of Finance for Greece, says that it’s because you can be in politics today but not be in power — because real power now belongs to those who control the economy. He believes that the mega-rich and corporations are cannibalizing the political sphere, causing financial crisis. In this talk, hear his dream for a world in which capital and labor no longer struggle against each other, “one that is simultaneously libertarian, Marxist and Keynesian.”



Yanis Varoufakis
An accidental economist Let me begin with a confession: I am a Professor of Economics who has never really trained as an economist. But let’s take things one at a time.

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