Month: May 2025| Yanis Varoufakis
On 26th July 2025, delegates from over 25 countries convened in London for the inaugural conference of the Global Alliance for Palestine (GAFP). This new transnational initiative seeks to transform rising global solidarity for Palestine into coordinated political action. As a member of the steering committee, I was asked to explain why we need this […]| Yanis Varoufakis
The establishment of this blog coincided with our campaign for a rational resolution of the euro crisis. By we, I mean Stuart Holland and myself. Such a resolution, we felt, was always feasible within the current insititional framework but requires clear vision and political will to implement. Moreover, it can be agreed to by people of […]| Yanis Varoufakis
Month: April 2024| Yanis Varoufakis
Month: April 2025| Yanis Varoufakis
To free ourselves from our technofeudal overlords, we must think like Karl Marx. The corporations would asset-strip our brains, but we can take back control A young woman I met recently remarked that it was not so much pure evil that drove her berserk, but rather people, or institutions, with the capacity to do good […] The post Who needs Marx in 2025? The Guardian, July 2025 appeared first on Yanis Varoufakis.| Yanis Varoufakis
ATHENS – Margaret Thatcher famously quipped that the problem with socialists is that, eventually, they run out of other people’s money. But what happens when bankers run out of other people’s money, as seems likely to happen soon? Either we end up with another calamitous financial meltdown or we innovate to serve the public interest […] The post A Trust Fund for Everyone to Defuse the Stablecoin Time Bomb – Project Syndicate appeared first on Yanis Varoufakis.| Yanis Varoufakis
Mια συνέντευξη, που δεν θα έδειχνε ποτέ κάποιο από τα κανάλια της ολιγαρχίας, για τα 10 χρόνια από το ιστορικό ΟΧΙ που αναπτέρωσε τους λαούς της Γης. Ο Γραμματέας του ΜέΡΑ25 Γιάνης Βαρουφάκης απαντά για όλα στις ερωτήσεις των: Μαριάννα Πυργιώτη (πολιτική αναλύτρια), Κωνσταντί...| Yanis Varoufakis
On the day the Financial Times published its latest article whitewashing the criminally insane troika’s (comprising the EU Commission, ECB and IMF) hatchet job on Greece, which has rendered the country a permanently bankrupt colony, Jacobin published this interview (read here, listen here) in which I lay down three basic facts: First, the referendum ten […] The post Jacobin’s ‘On the Legacy of Greece’s Oxi Referendum: An interview with Yanis Varoufakis’ appeared first on Yanis V...| Yanis Varoufakis
My hopes these days spring not from Europe nor from the United States. Let me be frank on this. I take my hat off to the young people particularly, but not only young people, to Jewish comrades who went out on the street to demonstrate for Palestine, who were beaten up by police, who were […] The post On the sad disconnection between our (Western) campaign to free Palestine from our campaigns to liberate the… West – video appeared first on Yanis Varoufakis.| Yanis Varoufakis
Yanis Varoufakis, Thomas Piketty, Nassim Taleb, Jayati Gosh, Michael Hudson, Giuseppe Mastruzzo, Jomo Kwame Sundaram, Robert H. Wade, Christopher Cramer and Nidhi Srinivas co-sign the open letter below supporting Francesca Albanese amid US calls to remove her as the UN special rapporteur on Palestine History teaches us that economic interests have been key drivers and […] The post Amid Trump’s calls to remove her as UN special rapporteur on Palestine, Varoufakis, Piketty, Gosh & another...| Yanis Varoufakis
Hello, I am Yanis Varoufakis with a message from me and DiEM25, today, the 5th of July 2025, exactly 10 years after the Greek people voted overwhelmingly in a referendum to say a big, beautiful NO. A NO to the Big Business and Big Finance who, through their centre right and centre left political representatives, […] The post Ten years after the majestic, globally significant, yet betrayed NO Referendum of the Greek people – a personal message appeared first on Yanis Varoufakis.| Yanis Varoufakis
Francisco Goya’s etching The Sleep of Reason Produces Monsters was an artist’s stern warning of the hideous forces unleashed in the mind when reason lowers its guard. Today, stablecoins are the gruesome forces being released into the global economy as President Trump’s crypto dreams, unchecked by reason, morphed into the GENIUS Act. Stablecoins are the […]| Yanis Varoufakis
Month: June 2025| Yanis Varoufakis
Πριν από ένα χρόνο, θα ξεκινούσα την ομιλία μου αυτή μ’ έναν θρήνο για τον, έως πρόσφατα, αδιανόητο μετασχηματισμό της Ευρωπαϊκής Ένωσης από ένα οιωνοί Πρότζεκτ Ειρήνης σε Πρότζεκτ Πολέμου. Σήμερα δεν θα κάνω κάτι τέτοιο. Από πέρσι, η πολεμοκαπηλεία έχει εισχωρήσει στον ί...| Yanis Varoufakis
On Tuesday, June 10 2025, I addressed a meeting at the European Parliament, an event organised by The Left and M5S Europa, on the theme of “The Economic Conditions for Peace”, alongside Jeffrey Sachs and Giuseppe Conte. My talk can be watched and read here. [INTRODUCTION] A year ago, I would have started this speech with a lament […] The post The Economics of Europe’s Descent into Warmongering – and our duty now! appeared first on Yanis Varoufakis.| Yanis Varoufakis
Donald Trump has made it impossible for any sensible person to persevere in the delusion that global business can continue as usual. We should all welcome this, even if we are livid with Trump’s shocking behaviour, decisions and narratives. The global economy will either be rebalanced or it will crash in ways that may make […] The post A Chinese New Bretton Woods? – Quancha op-ed appeared first on Yanis Varoufakis.| Yanis Varoufakis
Το ΜέΡΑ25 χαιρετίζουμε την μερική στροφή που παρατηρείται σε μεγάλο μέρος του πολιτικού κόσμου το οποίο από την 7η Οκτωβρίου 2023 έως πρόσφατα δεν τολμούσε να καταδικάσει απερίφραστα το Ισραήλ. Άργησε αυτή η «στροφή» απελπιστικά αλλά τουλάχιστον έγινε – έστω και μερικώς. Α...| Yanis Varoufakis
Μέσα σ’ όλα τα τραγικά που έχει κάνει ο Τραμπ, έκανε κι ένα καλό: διέλυσε κάθε αυταπάτη ότι η διεθνής οικονομία μπορεί να παραμείνει όσο ανισόρροπη ήταν τις τελευταίες δεκαετίες. Τα γιγαντιαία ελλείμματα κάποιων και τα θεόρατα πλεονάσματα άλλων είτε θα εξισορροπηθούν εί...| Yanis Varoufakis
The IMF-World Bank Spring meetings are usually placid affairs that participating central bankers wish to forget soon after they are over. Not this Spring. This April the feeling several central bankers brought back home with them was not the usual relief but something far more visceral: dread, terror even. The reason? The spectre of the […] The post Trump Wants Big Tech to Own the Dollar – Project Syndicate op-ed appeared first on Yanis Varoufakis.| Yanis Varoufakis
Just days into his premiership, Keir Starmer announced the commissioning of a “root and branch” Strategic Defence Review (SDR), writes Kate Hudson. Under the leadership of Lord Robertson, former defence secretary and NATO secretary general, the review panel claims to have broken with tradition, by including a much wider range of participants than usual – […]| Yanis Varoufakis
English Israel-Palestine Middle East North America Trump's Economics & Politics Video| Yanis Varoufakis
Failure, corruption and warmongering: Ursula von der Leyen is awarded the International Charlemagne Prize of Aachen for her contribution to the EU – because in Europe utter failure is not only tolerated, but celebrated! It is one of life’s guilty pleasures when one’s cynical prejudices are confirmed. One such moment, when I allowed myself a […]| Yanis Varoufakis
Month: February 2025| Yanis Varoufakis
The hitherto US-centric economic model has exhausted itself, and Trump’s government is pushing to restructure the international economic architecture to maintain US hegemony. China is the main rival in this new reality, while the Europeans are becoming an impoverished appendage to the US. The Europeans could chart a more favourable path forward, except that they […]| Yanis Varoufakis
Box1_ENG Digital Economies/Money English Op-ed Project Syndicate Trump's Economics & Politics| Yanis Varoufakis
UnHerd’s Freddie Sayers interviews renowned economist and former Greek Finance Minister Yanis Varoufakis and Eurointelligence founder Wolfgang Münchau as they dissect the escalating trade war between Europe and the United States. With the US recently striking a so-called trade deal with the UK, and news of India signing a comprehensive agreement with the UK, tensions […]| Yanis Varoufakis
Eighty years ago today, the monstrous machinery of the Third Reich was finally ground to dust. The swastika was torn from the Reichstag, the death camps liberated, and Europe—bloodied, traumatised, but unbowed—emerged from history’s darkest night. It was not merely a military victory; it was the triumph of solidarity over fascism, of internationalism over racial […]| Yanis Varoufakis
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
Αυτές οι γερμανικές ομοσπονδιακές εκλογές μόνο ως ένα αρνητικό παράδοξο μπορούν να χαρακτηριστούν: Ταυτόχρονα ασήμαντες – με την έννοια ότι θα καταλήξουν σε μια άλλη παραλλαγή του ίδιου, σχεδόν μόνιμου, συνασπισμού Χριστιανοδημοκρατών και Σοσιαλδημοκρατών, ίσως με μια...| Yanis Varoufakis
This German federal election is a paradox: Simultaneously irrelevant – in the sense that it will result into another variant of the same, quasi permanent, coalition of Christian & Social Democrats, perhaps with a splattering of the pseudo-Greens – the same coalition that put Germany on the road to a secular slump, will continue to […]| Yanis Varoufakis
Η Μεταπολίτευση ήταν καταδικασμένη να διαψεύσει τις υψηλές προσδοκίες ενός λαού που πίστεψε, εύλογα, ότι Ελευθερία και Ανάπτυξη βαδίζουν χέρι-χέρι. Καμία κυβέρνηση από το 1974 και ύστερα δεν μπορούσε να αποτρέψει την κρίση που, καθώς έπεφτε η Χούντα και επέστρεφε ο κοινοβο...| Yanis Varoufakis
Η ομιλία στον Πειραϊκό Σύνδεσμο του Γραμματέα του ΜέΡΑ25 στην εκδήλωση της ενωτικής πρωτοβουλίας ΜέΡΑ25 – Ανατρεπτική Οικολογική Αριστερά. Θέμα: “Η Αντίσταση δρόμος για τη ζωή και τη δικαιοσύνη”.| Yanis Varoufakis
JD Vance, the US Vice President, told Europeans that their values are no longer America’s values. Pete Hegseth, the US Defence Secretary, added that Europeans “can’t make an assumption that America’s presence will last forever.” Keith Kellog, Trump’s special envoy for Ukraine and Russia, confirmed that Europe will not have a seat at the table […]| Yanis Varoufakis
Faced with President Trump’s economic moves, his centrist critics oscillate between desperation and a touching faith that his tariff frenzy will fizzle out. They assume that Trump will huff and puff until reality exposes the emptiness of his economic rationale. They have not been paying attention: Trump’s tariff fixation is part of a global economic […]| Yanis Varoufakis
Friends, Germans, citizens from all over, sisters and brothers. We once had a dream. It was the dream of what Europe could have been: Not a single market, a single currency or a common budget. No, we dreamt of Europe as a Peace with Justice Project. That dream has gone, it evaporated in the cold […]| Yanis Varoufakis
On Friday 14th February, President Milei of Argentina tweeted about the $LIBRA coin, encouraging his followers to buy it on the grounds that it would “help fund small businesses and start-ups”. As if that weren’t enough, he shared a link for people to buy it online. Naturally, within a few hours, $LIBRA’s price shot up. […]| Yanis Varoufakis
On Sunday, Germany goes to the polls. The least significant result is that we shall have a new Chancellor: Mr Friedrich Mertz, the leader of the Christian Democrats, who will most likely receive double the votes of the unpopular incumbent social democratic Chancellor Mr Olaf Scholz, a politician destined either to return to a new […]| Yanis Varoufakis
War is in the air more than peace these days. This reflects not only the salience of well-known strategic traps, but also the rapid emergence of cloud capital, which is in steering the world into these traps in four distinct ways. ATHENS – The West is on a war footing. The German government is working […]| Yanis Varoufakis
Yanis Varoufakis joins host Chris Hedges on this episode of The Chris Hedges Report to explain how capitalism is dead and a new form of capital, the title of his new book, “Technofeudalism,” has arisen and holds power akin to the feudal lords of medieval times.| Yanis Varoufakis
Michael and I chatted about Trump’s tariffs, emphasising the need to see them as political tools that standard neoliberal economics can never fathom. On the ongoing genocide in Gaza, we discussed Trump’s ‘final real estate solution’ envisaging a Palestine without Palestinians – the Zionist’s wet dream. Finally, I explained why DeepSeek was a major blow […]| Yanis Varoufakis
Will Trump’s tariff wars backfire? And how should other world leaders, including Keir Starmer, react? In this episode of the Fourcast, Krishnan Guru-Murthy is joined by Greece’s former finance minister Yanis Varoufakis and Erica York of the Tax Foundation think tank.| Yanis Varoufakis
Εννέα κυβερνήσεις υπέγραψαν πριν λίγο, στη διπλανή αίθουσα, την Διακήρυξη της Ομάδας της Χάγης με την οποία δεσμεύονται για κυρώσεις κατά του Ισραήλ έως ότου πάψει τη γενοκτονία, καταργήσει το Απαρτχάιντ και τηρήσει το Διεθνές Δίκαιο. Εκπροσωπώντας χώρες της Αφρικής, της...| Yanis Varoufakis
English| Yanis Varoufakis
The tech giants have overthrown capitalism. That’s the argument of former Greek finance minister Yanis Varoufakis, who became famous trying to defend debt-laden Greece from its German creditors. Varoufakis has never quite regained the notoriety of 2015. But he has remained a prominent left-wing voice. After a failed campaign for a seat in the European […]| Yanis Varoufakis
Watch my interview with Amy Goodman on DEMOCRACY NOW! on the German police’s crackdown on pro-Palestinian voices which led to my being banned in Germany. Also, below you can read my ‘Diary’ entry in THE NEW STATESMAN on the details and true causes of my ban. FROM THE NEW STATESMAN: As I write these lines, […]| Yanis Varoufakis
Naomi Klein is the award-winning journalist and New York Times bestselling author. Yanis Varoufakis is an economist, politician, author and the former finance minister of Greece. Raoul Martinez is a philosopher, author and filmmaker. This podcast is released alongside the acclaimed new docuseries ‘In The Eye Of The Storm — The Political Odyssey Of Yanis […]| Yanis Varoufakis
Rania Khalek was joined by Yanis Varoufakis, economist, political leader, former Finance Minister of Greece and the author of many books including his latest “Technofeudalism: What Killed Capitalism,” to discuss Israel’s genocide in Gaza.| Yanis Varoufakis
Advocates of European unity used to celebrate the European Union as a peace project. But well before Russia invaded Ukraine, the European vision of a peaceful road to shared prosperity had begun to frazzle, and now the invasion has facilitated the EU’s mutation into something much uglier. ATHENS – Europe has become unrecognizable. Advocates of […]| Yanis Varoufakis
Το γερμανικό Υπ. Εσωτερικών εξέδωσε “Betätigungsverbot” εναντίον μου: απαγόρευση κάθε πολιτικής δραστηριότητας. Όχι μόνο απαγόρευση εισόδου στη Γερμανία, αλλά και απαγόρευση συμμετοχής μέσω Zoom. Εδώ η ομιλία που τους ενόχλησε. Κρίνετε μόνοι σας. Φίλες, φίλοι, Συγχαρητήρια και θε...| Yanis Varoufakis
Watch/read the speech that I could not deliver because German police burst into our Berlin venue to disband our Palestine Congress (1930s style) before I could address the meeting. Today, because I dared publish this speech here, the Ministry of Interior issued a “Betätigungsverbot” against me, a ban on any political activity. Not just a […]| Yanis Varoufakis
“I never planned to be a politician. Never. Not in my wildest nightmares,” the economist and former Greek finance minister Yanis Varoufakis said the other day. He was fighting his way toward the exit at Columbia University’s Alfred Lerner Hall, where he’d just spoken at a conference on sustainable development. A man blocked his path: […]| Yanis Varoufakis
Yanis Varoufakis’s new film series explains how elites used the financial crisis to terrorize Europe’s populations into submission. In this interview, he tells Jacobin why the anti-austerity movement failed and why the center is converging with the far right. Debt is to capitalism what hell is to Christianity: unpleasant, and essential.” Speaking in his new documentary […]| Yanis Varoufakis
One reason women avoid the field of economics is the male chauvinist pig standing at its center, masquerading as the model of rationality. No sensible woman recognizes herself in Homo economicus, who always gets what he likes and likes what he gets. ATHENS – Economics has an intractable “women problem.” High-school girls avoid it. Female undergraduates abandon it. And […]| Yanis Varoufakis
In the not-too-distant past, many Marxist philosophers were weighed down by a shared despair. Capitalism, they feared, had become so totalizing, so all-consuming, that there was no longer any possibility of overthrowing it. “The philosophers have only interpreted the world, in various ways; the point is to change it,” Karl Marx famously wrote in 1845, […]| Yanis Varoufakis
A meme is spreading: capitalism is dead. We’re toiling around in its carcass. Nothing appears as it seems in this zombie state of affairs. But why didn’t we notice? There’s confusion all over. Climate, Covid, Ukraine, Gaza. Is history accelerating, or, rather the opposite, stagnating, even regressing? In his latest book Techno Feudalism, Yanis Varoufakis states that […]| Yanis Varoufakis
