Tag Archives: Politics and Economics

LISBON – It used to be an axiom of liberalism that freedom meant inalienable self-ownership. You were your own property. You could lease yourself to an employer for a limited period, and for a mutually agreed price, but your property rights over yourself could not be bought or sold. Over the past two centuries, this liberal individualist perspective legitimized capitalism as a “natural” system populated by free...

Why are democracies around the world failing to curb rising inequality? What explains the ascent of populist parties and politicians? In a recent paper, French economist Thomas Piketty argues not only that inequality and populism are linked – but that both can be explained by dramatic shifts in the traditional two-party system that favour different elites.... The rise of the “Brahmin Left” The persistence of the “Merchant Right Where does this leave poor and less educated voters? ......

[embedded content]

Ladies and Gentlemen, my heartfelt thanks for your presence here tonight. Thanks also to the good people at South Bank who honoured me with the humbling idea and invitation to combine my own musings on globalisation with the remarkable images of Andreas Gursky – images which have, over the years, done so much to enlighten us regarding the topsy-turvy world that we have been helping bring about. Yes, a picture is...

When we published our latest book – Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World – last September, Thomas Fazi and I approached the UK Guardian to see if they would publish an Op Ed by us summarising the main arguments presented in the book. We received no response. Pluto tell us that the book is one of their better sellers since it was published. And it is not as if the topic is irrelevant in the Guardian’s assessment. That is clear from the fact...

Join economist and Democracy in Europe Movement 2025 (DiEM25) co-founder Yanis Varoufakis for a keynote talk on the economic force that has shaped our world: globalisation. This South Bank talk is punctuated by images from acclaimed German photographer, Andreas Gursky, whose iconic photographs have documented global capital and its effects for three decades, and whose first major UK retrospective will open...

As British Prime Minister Theresa May is finding out, disentangling a member state from the EU is an arduous and complex undertaking. But how much harder would Brexit have been had the United Kingdom adopted the euro back in 2000? ATHENS – “You can check out any time you like, but you can never leave.” Prior to the 2016 Brexit referendum, I borrowed this line from the Eagles’ 1976 hit “Hotel California” as an...

Mark Lawson, in today’s Guardian, previews my Annual Shakespeare Rose Lecture, ahead of tonight’s delivery. He begins with its title ‘Shake the Superflux’ and the statement: ‘The beauty of King Lear is that it encourages us to think about inequality’. Is Theresa May Macbeth? Might King Lear agree with Jeremy Corbyn? On Monday night, one of Europe’s leading political thinkers – former Greek finance...

Yanis Varoufakis has emerged not only as an embattled finance minister, iconoclastic economist, and co-founder of the Democracy in Europe Movement (DiEM25), but a life-long lover of Shakespeare. He called the Greek debt crisis ‘a Shakespearean tragedy’, reported that observing the European Union is ‘like watching Othello’, and compared the world’s Deep Establishment to Shylock and Macbeth. Those who sold out were...

To read one excellent review of one’s book is a joy. To read an engaging and deeply thoughtful review of different categories of reviews of one’s book is a rare privilege. Normally, I should have left matters there, enjoying the diversity of opinion that Adults in the Room engendered. But this is not an academic book whose work is done. Its subject-matter concerns really suffering people and a continent – Europe...