Tag Archives: Progressive International

Steven Mnuchin’s snide remark about teenage climate activist Greta Thunberg at this year’s World Economic Forum meeting in Davos outraged liberal commentators. US treasury secretary Mnuchin, responding to Thunberg’s call for an immediate exit from fossil fuel investments, said that she should go to college “to study economics” before “she can come back and explain that to us”. Two days earlier, Trump had referred...

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As harsh austerity and xenophobic nationalism fester in Europe, Yanis Varoufakis discusses his antidote with Tellus Senior Fellow Allen White. What inspired your career trajectory from academic economist to prominent supranational activist? I went into politics because of the financial crisis of 2008. Had financial capitalism not imploded, I would have happily continued my quite obscure academic work at some...

[embedded content] At this year’s The World Transformed, we caught up with some of the key figures in the movement for a new economy and politics. In the grand finale of our exclusive series, Yanis Varoufakis speaks to ourEconomy about Brexit, the coming UK general election, a constitutional assembly for Britain, and his agenda of a new Bretton Woods, public investment banks and a universal...

Last April, again in The Guardian, David Adler and I called for a particular Green New Deal to be implemented internationally. Now that a new recession is ante portas, we are renewing this call, suggesting that we cannot afford yet another ‘good’ economic crisis to go to waste. Our latest piece in The Guardian follows: Brexit, Trump’s trade wars, the crisis of our democracies, the failure to address climate...

It is with profound regret, and after much reflection, that I am pulling out as a speaker at an interesting and worthy international conference organised by TRT World in Istanbul on 21st October. I do so in protest of the Turkish armed forces’ invasion of Northern Syria. The ongoing invasion is not only an assault on Syria’s Kurdish forces that almost single-handedly, and heroically, defeated ISIS on the ground...

[embedded content] Mark Carney, Governor of the Bank of England, recently said that we need a new international currency unit to replace the US dollar. In this BBC World Service program, I was asked what I thought of the idea. For more of a background to my answer click here. (For the whole BBC program, click here.)

[embedded content] The International Monetary Fund’s latest $56 billion loan to Argentina is at risk of failing again. The Argentinian peso has slumped and opposition leader Alberto Fernandez wants to ditch the austerity conditions attached to IMF bailouts that have so far failed to reduce inflation, stabilise the currency or halt recession. The Washington-based multilateral organisation...

By Yanis Varoufakis and David Adler: In times of crisis and catastrophe, children are often forced to grow up quickly. We are now witnessing this premature call to action on a planetary scale. As the adults in government accelerate their consumption of fossil fuels, children are leading the campaign against our species’ looming extinction. Our survival now depends on the prospects for a global movement to follow...

In the last week of May European citizens will have their last chance to vote in a European Parliament election that makes a difference. It will be a paneuropean election where we can, perhaps for the last time, oppose both faces of authoritarianism across Europe: (A) The inane authoritarianism of the business-as-usual establishment, and (B) The authoritarianism of the xenophobic Nationalist International that is...