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[EU S13 E18] Varoufakis Critique of Capitalism Right now
Yanis Varoufakis, elected member of the Greek parliament, joins this system and affords his unique, important views on (1) the banking disaster, (2) the decline of the US empire and US capitalism, (3) the mass uprisings of the French and Greek working lessons in Europe, (4) the collapse of Europe’s efforts to form an impartial (from the US and China) financial place, and (5) class battle inside China.
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I watched a propaganda video from Thomas Sowell against Wolff…can they actually debate? The video and comments were so badly skewed, people so uneducated and deceived
wonderful Yanis i cant believe how you have been betrayed for your tremendous integrity , your brilliant mind and great heart , we need you , you are greatly loved and appreciated.❤
Anyone else think this guy looks like Voldemort?
I just watched the esteemed professor prophesize that the failure of capitalism will lead to increasing authoritarianism. Now here is an interview with someone advocating that the government have a monopoly on our payment system.
Seriously.
Amazing interview!! Thank you!
Ya dude
I am afraid some of these rants do actually a disservice to valid criticisms of predatory capitalism, reducing it to petty whining of sour Marxist losers.
Let's do without that bunch of vultures (banks)? Sure, prohibiting usury is one major pillar of a thriving real economy, Islamic Shariaa is the answer,
Pretentious. Does nothing for us to talk about it. We need movements not speeches.
"Let us not forget, Presidential involvement in deregulation of bank operations (S&L or Savings and Loans scandal during the Reagan administration, a president propped for election by the banking industry to reduce government after Fed chair Volcker raised interest rates to stop inflation)"
Although I follow Varoufakis and agree with much of his information, was it the peoples wealth or the majority of the borrowers (industrialist) that Paul Volcker was trying to tame with his interest rate hikes? Thereby trying to protect the savers money which makes up the rest of us? And, this uncontrolled lending which would eventually pull the rug out from the banking industry and suck more of our middle class money for bailouts?
Fascinating as always; Please continue with your brilliant commentaries and opinions thank you so much!!!😊
Why is Yanis looking like lord Voldemort?
🗺👨🏫
Thank you Dr.Wolff for this interview. I've been gobbling videos with Yanis since. I intend to read his books as well. A very lucid thinker!
The dreamers here again discuss the hegemon – China. With collapsing demographics and collapsing capital structure. Even Varoufacis with his intellect wants to blend into the bolshevik aura and confirm the nonsense.
MMT BROS aka Communist Lite.
Good luck with that.
Yanis knows perfectly the failures and the disgusting way the EU conducts itself and yet he still doesn't support the need for the left to embrace a progressive, leftist kind of exit. Maybe if the british left hadn't rejected euroscepticism, it wouldn't have been the right and far right the ones doing it.
Môj Ďetko dosť dobré poznal Mojžiša a veľmi dobre vie ako Mojžiš vykradol v púšti ostatných 😮
His analysis of French reform is wrong as in other Nothern Western countries pension age is much higher then in the soutern european countries. I do not like to pay for their expenses. Macron brings a neccessary reform to equal it.
The question of "worker vs capitalist" within the chinese communist party may resolve itself when global demand for chinese goods fall as the rich economies stagnate and decline. The yuan has to get stronger to stimulate internal consumption.
❤block chain.bank cards a good idiea but the money in the banks is in trouble .so the support that system is not available at this time 😂😂😂❤
Honestly they should sit down for like 2-3 hours with a shure mic not this format – would be awesome
These are two exceptionally gifted economists, no doubt about it!
If you have a central bank wallet with a 100% savings guarantee, i.e. the CB doesn't lens this money away, then how does the economy transform savings into investments?
Thank you for a great discussion. I would like to know your opinion on the MMT (Modern Monetary Theory) and if it is as good as some pundits make out? Thanks.
Two greatest thinkers of our time in one program. Thank you professor.
Very interesting, two very importent voices.
Critique democracy will be an eye opener to dirvert the ideology 😂😂😂😂❤of capitalism
Ya is an outright nut job. He lives in a fantasy land
Hmmm…found some treasures from the past.
brilliant #YanisVaroufakis 👌 as always! 🙄
Yeah democracy is so over over and Dead. Truth will not be found in a rigged system.
I want a Yanis in Germany… I would push propaganda for him, but I don't see anyone like that in Germany. An Economist that wants to try out things, within economically profitable bounds.