Varoufakis: From an Economics without Capitalism to Markets without Capitalism
IN-DEPTH VIDEOS, 17 May 2021
Yanis Varoufakis | DiEM25 – TRANSCEND Media Service
A lecture organised by University of Tübingen economics students delivered on 3 Feb 2020. Mainstream economic models lack some important features of really-existing capitalism, including money, time and space. Its models offer ideological cover for a capitalist system that has usurped competitive, free markets. The result? Unbearable inequality, climate catastrophe and permanent stagnation. A fork on the road is approaching: It will take us either into deeper stagnation and environmental degradation or to a society with markets but no capitalism.
Prof. Yanis Varoufakis talks about the future of our economy and the current state of economics with special regard to pluralism in economics.
httpv://www.youtube.com/watch?v=9aK4OztueuE
Yanis Varoufakis, a former finance minister of Greece, is leader of the MeRA25 Party, professor of economics at the University of Athens, and co-founder of DiEM25 (Democracy in Europe Movement). His latest book is And the Weak Suffer What They Must? Europe’s Crisis and America’s Economic Future.
Tags: Capitalism, Finance, Post-capitalism, Yanis Varoufakis
This article originally appeared on Transcend Media Service (TMS) on 17 May 2021.
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