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Yanis Varoufakis – How Democracy Can Improve The Economy

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How should parents talk to their children about the economy: how it operates, where it came from, how it benefits some while impoverishing others, how democracy can improve the Economy. Yanis Varoufakis as Finance Minister of Greece negotiated with the decision makers of the European Union for a workable solution to Greek’s debt crisis. He ...

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How should parents talk to their children about the economy: how it operates, where it came from, how it benefits some while impoverishing others, how democracy can improve the Economy. Yanis Varoufakis as Finance Minister of Greece negotiated with the decision makers of the European Union for a workable solution to Greek’s debt crisis. He was replaced before the decision were finalized. The debt crisis is now worse and Greece is in a deep depression.



Yanis Varoufakis has appeared before heads of nations, assemblies of experts, and countless students around the world—and now he joins Seattle to add Town Hall audiences to that list to share wisdom from his book – Talking to My Daughter About the Economy: A Brief History of Capitalism.



Varoufakis takes bankers and politicians to task, sharing letters to his young daughter explaining the historical origins of financial inequality among and within nations. He questions the pervasive notion that everything has its price and shows why economic instability is a chronic risk.



Speaking as a parent who aims to share with his daughter the fundamental questions of our age, Varoufakis discusses the inability of market-driven policies to address the rapidly declining health of the planet his daughter’s generation stands to inherit.



In a lesson for the benefit of all of us, Varoufakis invites us all to explore the failures and obfuscations of our current system, how government austerity always will be a devastating failure, and how we can resolve debt crises with a democratic economic approach that invests in the future for countries in debt so countries are not harmed by imposed depression.



Yanis Varoufakis is a cofounder of an international grassroots movement, DiEM25, that is campaigning for the revival of democracy in Europe in the European Parliament and the countries of the European Union.



He is the author of the international bestseller Adults in the Room, And the Weak Suffer What They Must?, The Global Minotaur.



After teaching for many years in the United States, Great Britain, and Australia, he is currently a professor of economics at the University of Athens.



Thanks to Seattle Town Hall and University Bookstore





The full show is on the


Pirate Television – YouTube website


https://www.youtube.com/channel/UCJH7a1SKvpKF5TxnzELod3w


Full Show – Yanis Varoufakis: How Capitalism Works–and How It Fails








Pirate Television website


http://piratetvseattle.com/





Tags: Pirate Television, Yanis Varoufakis,





Published: Jul 6, 2018, ID: BWFL 056


Category: Education, Duration 57:58


License: Creative Commons Attribution license (reuse allowed)





The 58 minute show is on YouTube




The full 66:15 show is on YouTube








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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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