Yanis Varoufakis on Technofeudalism

This week Phil challenges Steve on how the futures market handles terminal risk, pointing out that oil prices slope downward over time simply because traders blindly assume the Strait of Hormuz will reopen. Steve agrees and tears into the financial sector, explaining that modern ...  Show more

This week Phil and Steve dismantle the structural shift of the global economy toward a permanent state of debt dependence. Following a critique of Steve’s recent debate on the Piers Morgan show and a revisit to last week’s discussion on th link between energy and productivity, th ...  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

In his new book, ‘Technofeudalism: What Killed Capitalism’, Yanis Varoufakis explores how giant tech firms, both in the US and China are expanding their control over the planet. His analysis is that, whilst material resources certainly matter, the real battle ground is over digit ...  Show more

Please enjoy this rewind episode with Yanis Varoufakis, globally recognized economist, and former Greek finance minister, famously known as the “rockstar politician who challenged the EU.”As voters across various countries prepare to make crucial decisions, Varoufakis's perspecti ...  Show more

Yanis Varoufakis is a Greek economist and politician. A former academic, he served as the Greek Minister of Finance from January to July 2015.

He is also an Australian ...