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. Follow him on Twitter: @yanisvaroufakis

 

Articles by this author

The crucial question of whether the oligarchy should be regulated or dismantled extends well beyond sports. (Photo: Clive Brunskill/Getty Images) Views
Tuesday, April 27, 2021
When It Comes To Free-Market Capitalism, Fans Draw the Line at Football
Europe has discovered its moral Rubicon, the frontier beyond which commodification becomes intolerable. The line in the sand that Europeans refuse to cross, come what may, has just been drawn. We bowed to bankers who almost blew up capitalism, bailing them out at the expense of our weakest citizens...
Read more
"Going big" might have worked in 2009, but in 2021 Biden must go beyond fiscal stimulus. (Photo: Shutterstock) Views
Tuesday, March 02, 2021
Biden Must Go Beyond Fiscal Stimulus
US President Joe Biden, facing the great challenge of stimulating his country’s economy for the post-pandemic era, and haunted by then-President Barack Obama’s tepid stimulus in the face of the Great Recession a decade ago, has decided to err on the side of overshooting. He wants to "go big" with a...
Read more
Former U.S. President Ronald Reagan and former British Prime Minister Margaret Thatcher sit on the patio outside the Oval Office on July 17, 1987 in Washington, D.C. (Photo: Mike Sargent/AFP via Getty Images) Views
Saturday, January 30, 2021
Truth Remains Under Siege As Long As Economists Promote Discredited Policies That Hurt People and Gave Rise to Trumpism
Former U.S. President Donald Trump’s opponents call him a liar. But Trump is far worse than a liar. Many politicians lie to cover up inconvenient truths. But Trump can punctuate long sequences of eye-watering mendacity with verities that no other president would ever admit to, from dismissing the...
Read more
The second truth is one that many people suspected but were too timid to call out: the money-tree is real. (Photo: Stephen McGee/flickr/cc) Views
Tuesday, December 29, 2020
The Seven Secrets of 2020
A house of cards. A set of lies we have unconsciously accepted. That’s what our certainties seem like during profound crises. Such episodes shock us into recognizing how unsafe our assumptions are. That is why this year has resembled a rapidly receding tide, forcing us to confront submerged truths...
Read more
Instead of wasting energy on an ineffective wealth tax, progressives should concentrate on a three-pronged strategy. (Photo: Pedro Pardo/AFP via Getty Images) Views
Monday, September 28, 2020
The Redistribution Games
The Olympic 100-meter final is about to begin. The crowd roars at the sound of the starting gun. The sprinters are off. But, after 30 meters, the frontrunners slow down, as if in solidarity with the laggards. They have not chosen to do so, but new rules set strict limits on the maximum distance...
Read more
People pass by The New York Stock Exchange (NYSE) on August 3, 2020 at Wall Street in New York City. (Photo: Angela Weiss/AFP via Getty Images) Views
Monday, August 31, 2020
The Post-Capitalist Hit of the Summer
On August 12, something extraordinary happened. The news broke that, in the first seven months of 2020, the United Kingdom’s economy had suffered its largest contraction ever (a drop in national income exceeding 20%). The London Stock Exchange reacted with a rise in the FTSE 100 by more than 2%. On...
Read more
For the oligarchs and functionaries of Big Tech, Big Pharma, and other megafirms, who got on famously with the strongmen in authority, globalization proceeded apace. (Photo: Sergii Kharchenko/NurPhoto via Getty Images) Views
Thursday, May 28, 2020
A Chronicle of a Lost Decade Foretold
To exorcise my worst fears about the coming decade, I chose to write a bleak chronicle of it. If, by December 2030, developments have invalidated it, I hope such dreary prognoses will have played a part by spurring us to appropriate action. Before our pandemic-induced lockdowns, politics seemed to...
Read more
Critics of the “frugal” northern EU governments point out some striking disparities. Photo: Getty Images) Views
Tuesday, April 21, 2020
Solidarity Is Not What Europe Needs
Even if Britain and America were never really divided by a common language, as George Bernard Shaw once quipped, contemporary Europe is certainly divided by a single word that was meant to represent the European Union’s foundation stone: solidarity. A malevolent demon seeking to maximize European...
Read more
Democratic presidential candidate Sen. Elizabeth Warren (D-MA) speaks during a campaign stop at The River Center on December 28, 2019 in Des Moines, Iowa.  Warren wants to rein in capitalism's excesses but calls for a gentler capitalism are mere fads. Views
Sunday, December 29, 2019
Imagining a World Without Capitalism
ATHENS — Anti-capitalists had a miserable year. But so did capitalism. While the defeat of Jeremy Corbyn’s Labour Party in the United Kingdom this month threatened the radical left’s momentum, particularly in the United States, where the presidential primaries loom, capitalism found itself under...
Read more
Yanis Varoufakis, leader of the anti-establishment European Realistic Disobedience Front (MeRA25) movement, DiEM25's electoral wing in Greece, during a press conference following the European parliamentary elections earlier this year. (Photo: Aris Missinis/AFP/Getty Images) Views
Saturday, November 02, 2019
Another Europe Is Possible
As harsh austerity and xenophobic nationalist fester in Europe, former Greek finance minister and DiEM25 co-founder Yanis Varoufakis discusses his antidote to the crisis with Tellus Senior Fellow Allen White in the following interview first published at the Great Transition Initiative (GTI) here ...
Read more

Pages