Tag Archives: Interviews

[embedded content] Covid-19 has turned our lives inside-out, upside-down. It has put capitalism in suspended animation. It destroyed lives. It caused a new tsunami of poverty, demonstrated the deep class and race divides as some of us are privileged enough to be in isolation while an army of people out there labour for a pittance and at risk of infection to cater to our needs. But, as...

[embedded content] Discussing the toxic impact of the Eurogroup agreement of 9th April 2020 on Italy and Europe at large. Interviewed by Richard Quest on CNN’s Quest’s World

The lack of EU help for the states hardest hit by COVID-19 is the latest sign of the hollowness of “European solidarity.” As Yanis Varoufakis tells Jacobin, the European Union’s institutions are hardwired to ignore the needs of the social majority — preferring to allow mass suffering than to change their own rules. Yanis Varoufakis is used to controversy. Since stepping down as Greece’s finance minister in 2015,...

JPPE: Many economists have their explanations about where inequality comes from, such as financialization, credit, globalization, technology, and bad policy. When thinking about the causes of inequality in the last thirty years, are there specific areas you think we ought to devote our attention to?  Yanis Varoufakis: Well, there’s one word that answers your question: financialization. Financialization came...

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In this interview, the first to Indian media, Yanis speaks elaborately on the 2019 British election, Brexit, the E.U. crisis, the 2020 U.S. presidential election, the global financial crisis, rising ultra-national forces, the need for a progressive international movement, the DiEM25, rising inequality and the Greek crisis. How important is this year’s U.S. presidential election for the world? What were the...

Shrinkage and the Rentier's Playground | Michael Hudson Your access to this site has been limited Your access to this service has been temporarily limited. Please try again in a few minutes. (HTTP response code 503) Reason: Exceeded the maximum global requests per minute for crawlers or humans. If you are a WordPress user with administrative privileges on this site please enter your email in the box below and click "Send". You will then receive an email that helps you regain...

Radical imagination and the intellectual edifice | Michael Hudson Your access to this site has been limited Your access to this service has been temporarily limited. Please try again in a few minutes. (HTTP response code 503) Reason: Exceeded the maximum global requests per minute for crawlers or humans. If you are a WordPress user with administrative privileges on this site please enter your email in the box below and click "Send". You will then receive an email that helps you...

Economic Lessons for 2020: A Conversation with Dr. Michael HudsonPeoples Forum, December 12, 2019. [embedded content] We are facing a crisis of poverty and economic precarity, where 140 million people are poor or low-income, the costs of living are going up and the chances of living are going down. What condition is our economy in today, more than ten years after the Great Recession of 2008, to withstand another economic downturn? What lessons have we learned – or failed...

An interview with Ellen Brown on Its Our Money, Show #124 Michael Hudson: [00:00:00] There’s recognition that commercial banking has become dysfunctional and that most loans by commercial banks are either against assets – in which case the lending inflates the prices of real estate, stocks and bonds – or for corporate takeover loans.The economy’s low-income brackets have not been helped by today’s financial system. Here in New York City, red lining and a visceral class...