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Yanis Varoufakis

Yanis Varoufakis

Yanis Varoufakis, who resigned as Finance Minister for Greece's Syriza-led government on Monday, July 6, 2015, is the author of The Global Minotaur and a visiting professor at the University of Texas at Austin.

 

Articles by this author

 

EU's Undying Fealty to the Imperial US Leads to Latest Humiliation

Donald Trump humiliated the European Union by annulling the Iran nuclear deal, and now Joe Biden has done so by announcing the new AUKUS agreement with Australia and the UK. But as much as Europe's leaders may protest, the EU's subordination to the US reflects a conscious choice that they have made.

Yanis Varoufakis ·


Star Trek: Anti-Imperialist Doctrine

America's liberal imperialist doctrine has been responsible for appalling carnage in places like Vietnam, Iraq, and Central America. But America has also produced a liberal anti-imperialist doctrine that remains ensconced in a TV series that has been captivating US audiences since 1966.

Yanis Varoufakis ·


The Real Purpose of Austerity

Even if everyone agreed that printing another trillion dollars to finance a basic income for the poor would boost neither inflation nor interest rates, the rich and powerful would still oppose it. After all, their most important interest is not to conserve economic potential, but to preserve the power of the few to compel the many.

Yanis Varoufakis ·


When It Comes To Free-Market Capitalism, Fans Draw the Line at Football

Last week, Europeans showed the red card to the moguls—and their financiers—who tried to form a Super League of the continent's top 15 football clubs. Now that Europeans discovered their moral Rubicon, the time may have come for a broader rethink of who owns what.

Yanis Varoufakis ·


Biden Must Go Beyond Fiscal Stimulus

Both supporters and critics of US President Joe Biden’s $1.9 trillion stimulus plan assume that there is a dollar amount that is just right. In fact, no such figure exists: every possible stimulus size is simultaneously too little and too big.

Yanis Varoufakis ·


Truth Remains Under Siege As Long As Economists Promote Discredited Policies That Hurt People and Gave Rise to Trumpism

In the natural sciences, strictly observed protocols ensure that empirically unsupported theories are rejected in light of evidence. The authority of an economic hypothesis, however, is bolstered by a peer-review process that—far from being scientific—is a value-laden power struggle.

Yanis Varoufakis ·


The Seven Secrets of 2020

This year has resembled a rapidly receding tide, forcing us to confront submerged truths. One lesson we learned in 2020 is that national governments had been choosing not to exercise their enormous powers so that those whom globalization had enriched could exercise their own.

Yanis Varoufakis ·


The Redistribution Games

Life is not the Olympics, where talent and training determine an athlete’s performance. It’s more like a Roman arena in which well-armed gladiators vanquish unarmed victims who lose not because they did not try hard enough, but because of the asymmetrical initial distribution of armor.

Yanis Varoufakis ·

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