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The Triumph And Tragedy Of Capitalism — Yanis Varoufakis | #106

Summary:
Yanis Varoufakis is an economist and politician. Topics discussed Utopia. 4:46 The Sovereignty of Good. 9:14 Has capitalism enabled people to pursue higher goods? 12:38 What is capitalism? 16:08 Monopolies. 23:19 The problem with capitalism. 28:54 Are workers robots or autonomous souls? 34:40 Is capitalism making us happier? 54:30 Milton Friedman’s 1970 article on profit maximisation. 1:02:41 What is Yanis’s alternative to capitalism? 1:09:12 Should change be brought about through revolution or incrementalism? 1:26:08

Topics:
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Yanis Varoufakis is an economist and politician.



Topics discussed



Utopia. 4:46

The Sovereignty of Good. 9:14

Has capitalism enabled people to pursue higher goods? 12:38

What is capitalism? 16:08

Monopolies. 23:19

The problem with capitalism. 28:54

Are workers robots or autonomous souls? 34:40

Is capitalism making us happier? 54:30

Milton Friedman’s 1970 article on profit maximisation. 1:02:41

What is Yanis’s alternative to capitalism? 1:09:12

Should change be brought about through revolution or incrementalism? 1:26:08
Yanis Varoufakis
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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