Economist Yanis Varoufakis says we shouldn’t underestimate Trump – he has a plan to shock the global economy, force foreign countries to buy crypto-currency in return for a deal on tariffs, and ultimately pay down debt and keep the US dollar at the centre of the global financial system. But it’s a high risk strategy […]| Yanis Varoufakis
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
On 11th April 2025, Melissa Benn, Jeremy Corbyn and Yanis Varoufakis addressed an audience at the University of Westminster dedicated to the memory of Tony Benn – almost 100 years from his birth. This is what Yanis had to say about Tony’s legacy at that event. (Click icon above for audio)| Yanis Varoufakis
In this interview with Oli Dugmore, for Politics JOE, I had a chance to lay out – in around 30 minutes – the political economics and economic history behind Donald Trump’s tariff war. As I said to Oli, those of us who oppose Trump have a duty to understand what his team are up to […]| Yanis Varoufakis
While waiting for the EU’s response to the Trump Shock (don’t hold your breath for evidence of intelligent life from Brussels…), those of you who really want to worry about something big, turn your attentions to perhaps the largest threat for the status quo – greater than tariffs, equities, bond prices etc. What is that? […]| Yanis Varoufakis
This is a crucial conversation to have in general, not particularly about Marine Le Pen. It is about the principled position that the democratic Left must take on the question of who has the right to remove the political rights (the right to vote and to seek votes) of whom. We know what can happen […]| Yanis Varoufakis
Τέσσερα ερωτήματα για όσους ανησυχούν για τον αντίκτυπο της κατάρρευσης των χρηματιστηρίων στο διεθνές εμπόριο και τη διεθνή οικονομία, και αναρωτιούνται πώς πρέπει να αντιδράσει η Ευρώπη, πως πρέπει να αντιδράσει η Ελλάδα… 1ο Ερώτημα: Πώς θα επηρεάσει η πτώση των τιμών ...| Yanis Varoufakis
In this interview, I argue that how Trump’s Shock pans out will largely depend on whether Europe and China will act in concert or turn against one another. As for the UK, Trump has given Brexit a major boost. And here is another interview with Emily Jeshinsky of Unherd’s Undercurrents on the same subject: Trump’s […]| Yanis Varoufakis
“My philosophy, Mr President, is that all foreigners are out to screw us and it’s our job to screw them first.” With these words, the US Treasury Secretary convinced the President to deliver a colossal shock to the global economy. In the words of one of the President’s men, the objective was to trigger “a […]| Yanis Varoufakis
English| Yanis Varoufakis
