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Monetising misery & the future of capitalism – ABC Radio National, BIG IDEAS program

Summary:
[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 be able to monetise misery? Paul Barclay speaks to Yanis Varoufakis and Antony Loewenstein Recorded on March 4, 2020 at Adelaide Writers Week Speakers Yanis Varoufakis – economist; co-founder of DiEM25; Greek politician, former Greek Finance Minister; author Antony Loewenstein – journalist; author For

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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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