Varoufakis' Critique of Capitalism Today

On this week's episode of Economic Update, Professor Wolff provides updates on the shared significance of three major strikes: New York City nurses, San Francisco teachers, Kaiser Permanente health workers in California; the cause of U.S./European discord at the 63rd annual Munic ...  Show more

This week on Economic Update, Professor Wolff provides an assessment of the first year of Trump's second term in office, covering how he inherited the problems of a declining empire and proved unable, or unwilling, to stop or reverse the decline, and how that flows in part from t ...  Show more

Alphaville's Jemima Kelly and Izabella Kaminska sat down with Yanis Varoufakis, former finance minister of Greece and current organiser of a trans-European group of what he calls "radical Europeanists" — in favor of union, without deflation or austerity. Mr Varoufakis answers cri ...  Show more

Yanis Varoufakis joins PTO to discuss his book, Technofeudalism: What Killed Capitalism. We discussed why Yanis believes capitalism is no longer the appropriate term to describe contemporary economic and social relations. We also talked about the financial crisis, the Covid19 pan ...  Show more

Greece’s former Finance Minister Yanis Varoufakis explains the US system of “neo-imperialism” based on the dollar, an “IOU issued by the hegemon”, which finances a huge trade deficit by letting foreign capitalists “extract colossal surplus value from their workers and then stash ...  Show more

Rania Khalek was joined by Yanis Varoufakis, economist, political leader, former Finance Minister of Greece and the author of many books including his latest “Technofeudalism: What Killed Capitalism,” to discuss Israel’s genocide in Gaza.