Yanis Varoufakis says that the US is more dependent on China than its president-elect may recognize.| Project Syndicate
Yanis Varoufakis argues that central-bank money and digital platforms, not profits and markets, are driving today's economy.| Project Syndicate
Yanis Varoufakis describes how owners of AI-powered "command capital" have turned even traditional capitalists into vassals.| Project Syndicate
Yanis Varoufakis explains that the issue is neither vanity nor public service, but rather the need to acquire cloud capital.| Project Syndicate
Yanis Varoufakis argues that, as Facebook's planned cryptocurrency unravels, it should be pressed into public service.| Project Syndicate
Capitalism is dead. Welcome to technofeudalism. In his boldest and most far-reaching book, the visionary economist and number-one bestselling author Yanis Varoufakis shows how the owners of big tech became the world's feudal overlords –replacing capitalism with a fundamentally new system that enslaves our minds, defies democracy and rewrite the rules of global power. But as Varoufakis also reveals, technofeudalism contains new opportunities to thwart and overturn it, bringing into focus mor...| www.penguin.co.uk
Richard A. Posner, The Law and Economics Movement, The American Economic Review, Vol. 77, No. 2, Papers and Proceedings of the Ninety-Ninth Annual Meeting of the American Economic Association (May, 1987), pp. 1-13| www.jstor.org
While he dismissed Bitcoin as a scam during his first White House stint, Trump has now definitively changed tack. He warmed to cryptocurrencies during his re-election campaign, and to complete his conversion, on 6 March he signed an executive order to set up a “Strategic Bitcoin Reserve and a US Digital Asset Stockpile”.1| UnHerd
Neoliberalism was neither new nor particularly liberal when it prevailed 50 years ago. Its great advantage was its sharp deviation from classical liberalism. Even though it paid tribute to liberal thinkers, neoliberalism shared neither their method nor their concept of the market. Today, we are on the cusp of another, equally profound, ideological innovation. Unlike […]| Yanis Varoufakis