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Yanis Varoufakis on Democratic Ownership

Summary:
Yanis on democratic ownership and non-tradable shares, gets involved with the economic democracy tradition. There is a rich intellectual history behind the idea that economy is the extension of the political life and that the right to democratically self-govern is inalienable for workers in the same way as for citizens of a democratic state. Rober A. Dahl is probably the most famous political scientists writing on the need of democratic economy. In a similar vain, some have convincingly argued that according to Locke's legitimacy of private property appropriation, the right to the product of one's labor is also inalienable. David P. Ellerman in his recent book (Neo-Abolitionism) provides a strong case for abolishing human rental system. The vide is edited from the recording of the

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Yanis on democratic ownership and non-tradable shares, gets involved with the economic democracy tradition.



There is a rich intellectual history behind the idea that economy is the extension of the political life and that the right to democratically self-govern is inalienable for workers in the same way as for citizens of a democratic state. Rober A. Dahl is probably the most famous political scientists writing on the need of democratic economy. In a similar vain, some have convincingly argued that according to Locke's legitimacy of private property appropriation, the right to the product of one's labor is also inalienable. David P. Ellerman in his recent book (Neo-Abolitionism) provides a strong case for abolishing human rental system.



The vide is edited from the recording of the debate between S. Žižek in Y. Varoufakis in Cukrarna, Ljubljana, 21 October 2021.
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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