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Read More »The pandemic’s impact on Europe – Behind the News, with Doug Henwood
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Read More »Monetising misery & the future of capitalism – ABC Radio National, BIG IDEAS program
[embedded content] Enormous global corporations and financial institutions are now, some say, more powerful than governments. Rules that once constrained and regulated capitalism have gone. And when their power causes massive destruction, the captains of Big Capital find ways to profit from the destruction. So, is modern capitalism, itself, a threat to capitalism? Or will corporations always...
Read More »On the lethal interaction between the coronavirus contraction & global capitalism’s never-ending post-2008 crisis – VIDEO
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Read More »With Phillip Adams on ABC RN’s Late Night Live – On Assange, Greece, Europe, Trump and the state of our democracies
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Read More »Quantitative Easing: Its rationale, impact and the future of the world economy – Audio of speech delivered at ICA 2019
[embedded content] Hosted by Bahrain Financial Market Association, the two-day conference organized in cooperation with the Central Bank of Bahrain themed “Reshaping Finance in a Changing Economy”. The ICA hosted the Greek former Minister of Finance Professor Yanis Varoufakis at a panel discussion moderated by Dr. Jarmo T. Kotilaine the Chief Planning and Monitoring Officer of Tamkeen. Other...
Read More »A New Financial Order | Aaron Bastani Meets Yanis Varoufakis
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Read More »Must we replace the dollar with a shared international currency unit? On the BBC World Service’s REAL STORY
[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.)
Read More »The IMF functions like the US-European bankers’ bailiffs – Varoufakis and Rogoff on BBC World Service’s World Business Report
[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...
Read More »Stagnant Capitalism – Financial News & Project Syndicate
When the Great Depression followed the 1929 stock-market crash, almost everyone acknowledged that capitalism was unstable, unreliable, and prone to stagnation. In the decades that followed, however, that perception changed. Capitalism’s post-war revival, and especially the post-Cold War rush to financialised globalisation, resurrected faith in markets’ self-regulating abilities. Today, a long decade after the...
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