Yanis Varoufakis | Cambridge Union
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- čas přidán 28. 02. 2023
- February 7th 2023 at 18:00 in the Chamber.
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Finance Minister during the debt crisis in 2015, facing off against the IMF, ECB and European Commission. In 2019, Varoufakis was re-elected to the Hellenic Parliament with his new party MeRA25. Varoufakis s both loved and hated by Greeks today, his recent electoral comeback contrasted against traumatic memories of 2015.
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It is a total breath of fresh air to hear from someone who really understands economics on a heuristic basis
He has seen the dealing of the EU from the inside
if you could convert his intellect to capital, the Troika would be in debt to Greece
????? WTF ??? He was first a mathematician and then realized economics was basically low quality heuristics when looking at the dogma mathematical models used by economists.
Heuristic means using a simple rule/model to solve a problem. I see Varoufakis as trying to apply more rigor to our poor economic models.
I get now that his arguments are without model or theory, but his goal is to point out the problems of capitalism, not to solve it. We need people who can give us a framework and language, or meta language if you will, to discuss the tyranny of capitalist ideation and rumination.
@@ai_serf Why does everyone fancy themselves an armchair philosopher these days?
Heuristic doesn't mean what you think it does.
Solidarity for Yanis .... Violence will not win .... Ideas are stronger than brutality.... Forza Yanis from Italy
Says the Israeli 🤡
well here is some food for thought; ideas are stronger but what if brutality results in the death of humanity? the idea has won, but the humans haven't
Awesome Yanis... Don't let the recent personal violent attacks by political thugs stop you! Speedy recovery...👍🖖✊️
I've been following Varouvakis on and off since he was minister of finance for Greece. He's such an important voice for people who believe in the EU but aren't really happy with the way things are going.
He doesn't believe in the EU in it's current form, just to be clear.
"Party politics cannot be allowed to change monetary policy" This was Yanis quoting a conversation he had with an EU finance minister, and the extremely Orwellian nature of the statement should make every EU citizen very suspicious of how it (the EU) works.
@@pseudonayme7717 That problem is not specific to the EU and the solution is not to get rid of the EU. As banks, corporation and even individuals get richer and more powerful, we need large democratic institutes, like the EU, to counter and reduce those non democratic power centers. The only way to do that is to increase the taxes on the rich and on large corporations and reinvest that money into infrastructure, education, health care and people at the bottom of the economic pyramid. Right wing economic policies create inequality which in turn drives discontent and disillusionment which in turn drives people to populists and the far right. It is a huge risk to democracy as we see all over the west.
He's a babbling buffoon. A narcissist and self proclaimed "erratic communist".
@@puretone4970 lol. The EU is not a democratic institution. It is in hoc to big business who like the regulations as they help preserve their monopolies and profits, and keep new entrants and competitors out.
@@redrev674 It seems you have zero understanding of how the EU works. Conspiracy theories don't help.
Varoufakis is a good man and great intellectual. Please invite him to speak as often as possible!
Ok, I'll think about it
@@alterego157 😂
Thank You Yanis Varoufakis for this magnificent lecture. Please just keep going.
yanis is a great speaker. always makes ideas people may otherwise consider too radical easily understandable and digestible. definitely underrated.
More a kind of true snake oil salesman...
It was "fantastic" how Yannis converted himself into media star advocating the greek EU funds embezzlement and fraud inventing and building up a sweet narrative of greek" victimisation"... through bad capitalism fairy tales so much appreciated by the forever la la land utopia lovers (and as proved it generates a good income for the Varoufakis of this world going around selling easy to sell theories around...)
This is Varoufakis at his best: eloquent, to the point, and pedagogical, but also showing humbleness and pointing out the Messiah complex that often arises on the left. Great discussion!
100% agreed, já agora és Português ou Brasileiro?
His opinions might be good enough within academia only. And even that is highly debatable too.
@@stevelam5898 Why do you say that? He literally has a political movement spread already in 3 countries with him as main founder and influencer. Isn't that decent enough proof to believe in the practicality of his ideas? Especially in a field such as Economics (which isn't a science as he correctly points out) constantly referring to academia isn't particularly relevant. A focus on action and positive impact on the lives of everyday people is much more important than sitting in an office pondering and articulating papers that try to explain macroeconomic phenonemons that are subject to subjective interpretations.
@@-TomT Does that make it less valid as leftist policy makers?
@@Quantickzz If you had followed his negotiating tactics during 2015, you wouldn't be wondering now. The world just isn't working in accordance with his ideas, that's why they will likely only remain a topic of discussion within academia. Needless to say I disagree with most of them, on a fundamental level.
One always learns something valuable from Minister Varufacos and this was just one of those that even a psychiatrist like me enjoyed for its clarity and commonality. Thank you for inviting him for this talk.
He isn't currently a minister, although he was greek minister of finance from 27 January 2015 - 6 July 2015.
They should kick out that guy who was coughing during the entire speech. So disturbing and disgusting while others want to focus and have concentration on important words.
We are all walking in seas of madness, all societies are being affected all over our world because of greed of great powers and wealth.
Hopefully, as people are striking in many countries, our world wakes up with humanity and social reforms with new ideas for peace.
How much wealth does one man need at the cost of human life and wars for profits as families and the poor are running in fear in all directions?
Satanists poison and torture animals and humanbeings to death and caused extinction,psychiatrism is part of mafia and terrorists, warcriminels, rapists patriarchs terrorising the Just,fair sane and most intelligent,they are utmost injust, evil dangerous damagers and poisoners of nature and environment.
...yes, I concur absolutely Homayoun.
Although evidently, correct spelling of names can't one of them. 😉
A small detail perhaps? But I believe it is an important and fundamental one.
In fairness, his is not the easiest of names to get one's head around, but his explanations of complex economic history for instance are simplified to perfection for the layman to understand.
No boubt adout it Janis is a master of his craft.
This Man is a Gift For the Young Generation.
yeye, he is the Chosen One
Must be German. In English, you don't capitalize nouns.
@@stevelam5898 chosen who??
@@elenif.vlachou9126 ΑΥΤΟΣ!! 1-0.
@@mariettestabel275 no foosball please, we r british
I am so grateful to have an awesome and smart man like Yanis
We are*
take that you greedy capitalist
Whenever I listened to Yanis lecture or whatever, it always enlightened my senses and inspiration! Thank you!
Thought it was impossible to have goosebumps from an economy lecture
Pretty clear and direct conversation, i like Varoufakis point on Socialism and how he broke down the Situation of EU and the Situation of their politics today .
Varoufakis is superb. Supported Corbyn in the UK against baseless smears
There was a great deal of truth in criticisms of Corbyn, which is why under his leadership, Labour became unelectable.
But was completely ineffectual given that Corbyn was still expelled.
@@brianbozo2447 doesn't matter, fight for what is right
Always great to listen to Yanis. He is a true believer.
Yanis is a genius. He understands more about our politics, culture and economics than most MPs. Not only has he achieved status in Greece but he has also completely mastered the English language. AND he's a motorcyclist. Last time I saw, he rode a Yamaha XJ1300. A very big and powerful bike. What's not to admire? We should offer him the job of UK Prime Minister.
Another "Glorious Revolution?" First the Germans, then the Dutch, now the Greeks. Makes sense.
Yea. A balding middle age white male leisurely 0:01 riding a “powerful” motorcycle. That is the state of the West.
Not confident he'd take the PM job!
Thanks so much for posting
Always great to listen to Yanis Varoufakis, economic analysis.
Absolutely brilliant, YANIS, explains everything! LIVE & LEAN PEOPLE! I love you YANIS. This will change your life people if you listen and understand. And understanding is your key to the future. At 82, a bit late for me. If you’re starting out, this is your chance!
YANIS HAS EXPLAINED IT. Understand and benefit, you owe it to yourself, young people. Cheers SBM.
Heya thanks buddy. Bit younger here - how do you move through life when you feel hopeless/despite youth, good health and a good mind? How do you dilute the pains of life to stay on course?
@Sydney- tell me what is his message, his speech is very blurry/fuzzy to me!
@@Csio12 -so enthralled by this character, enumerate your merits!!!
Thank you, Cambridge Union for having Mr. Yanis Varoufakis expertise and knowledge to be heard.
Hear with you ears!!!
With the deepest appreciation and respect for this discussion again. This is the second time I have listened to this.
June 12, 2023 at 11:30 p.m.
Yanis Varoufakis's expertise hit at a homerun, as we say in baseball.
By the way, how many languages did the Greeks have before and after the Greek Empire? Yanis does not speak ancient Greek to me. His English is perfect.
It is so important that this War is over or peace talks are made before the next American election, because if the Republican Party gets voted in, Russia will just take over and they’ll be world war three
Right ✅️
It is the same in Maldives. Foreign capitals own almost everything in private sector, meanwhile the locals live under harsh conditions.
And that is the EU in a nutshell.
@@pseudonayme7717 how is it? I don’t see it that way at all.
this is Singapore.
It’s the capitalism in a nutshell… as he mentioned, it’s beginning of end of capitalism unless a major adjustment been done in due time, unfortunate things is people only realize when it explode 😢
@@pseudonayme7717 not EU, but corporate capitalism/globalists
Brilliant, I need to start reading this man's books
I recommend to read his Book "Adults in the
Room " Brilliant!
Eye opener...
I read Technofeudalism recently and it was incredible. I think his analysis is spot on.
I always enjoy listening to this true gentleman, wonderful, it is a shame man is mortal, since one day he will be silent , verbally that is, I hope he continues to write so that young people will hear him forever.
Very good advice. Citizen Kane, all Greek tragedies and Shakespeare.
He explained his positions very clearly, hope more people will understand.
One has to watch this at least twice, it's full of so many ideas and needs deep analysis.
What the EU had done to Greece, is what the IMF and the WB have been doing to the Global South for decades without anyone batting an eyelash.
facts
That's because the global south is even better than Greece at building up vast amounts of debt.
@@stevelam5898 debt wasn't and isn't Greece's cause of its misery; being a member of a currency union, having no central bank to back up the state, and no federal mechanism to recycle surpluses to deficit regions on the other is. Before the euro, Greece had high levels of debt combined with reasonable levels of economic growth. A poorly designed currency has unleashed the worst in all of Europe.
@@pwp8737 Nowhere near where the debt levels had reached in 2009. The Greek government deficit had skyrocketed between 2008-09. That was due to a combination of excessive public sector spending with increased rates (globally). Allow me to know a little better, I was in Athens at the time.
@@pwp8737 And by no means the architecture of the Euro is fit for purpose (when it comes to the zone's peripheral economies at least). But that is probably one of the main reasons Yiani, the marxist economist, still gets so much attention from backbone-systemic Anglo-American media and academia 😉.
Fantastic chat Varoufakis!
Love your view on China
Watch that space.
We can learn a lot from them.
I agree, but that would involve sensible, grown-up leadership on our part, so it's doubtful.
Xi is a tyrant, and the wheels are beginning to come off.
@@MightyChoctaw Grown-up as in no longer minors, check! But there's no evidence of any sense nor leadership when it comes to China. Iain Duncan-Smith is a angry grump at the best of times, but the ugliness of his venom for China is truly vile. When a heart has so much hate how can there be any compassion, critical thinking or rational decision making.
An astute observation, one I wholeheartedly encourage to follow through on. Learn from the Chinese. Unfortunately the very idea that we could learn anything from the Chinese is clearly not something the Establishment can accept - "from the Chinese?" To the political class China is so abhorrent and the Chinese so vile that a lightning reflex action violently rejects rational thinking when it comes to China and the Chinese (pretend we're talking about Chinese government rather than Chinese people if you like, but the case of Christine Lee tells the Chinese community in the UK the real situation).
When Covid hit Wuhan in late 2019 Chinese authorities quickly realised the elderly were at higher risk. Staff volunteered in nursing homes to remain at work and the homes were quarantined, staff and residents had no contact with others until the lockdown was lifted. If only we had had the humility to learn just that one lesson from China, how many thousands of lives could have been saved, how many grieving families spared.
When our late Queen was Lying in State in Westminster Hall High Commissioners and Ambassadors often led small delegations from diplomatic missions. The short visits were planned and scheduled once a request had been received. Incredibly, the request from the Chinese Embassy for a delegation to pay their respects was refused - Westminster Hall is on the Parliamentary Estate and access controlled by the Speakers of the two Houses. China-haters petitioned the Speakers and the outrageous decision made. Our dear late Queen has spent her life not being political and irrational, nasty and petty politicians even use the Queen's passing as a stick to bash China. Seriously, how have we got to the situation where our politician's are weaponising the paying of respects to the dead!
Can anyone imagine that the Queen would have wanted that? And if not for the late Queen, then who were the likes of Iain Duncan Smith acting for other than themselves - with such loathing for the Chinese, so vindictive and bereft of any dignity or compassion that they don't see their actions for what they were, mean, disrespectful, callous and shameful. To the Chinese, who place incredible importance to respecting the dead, the act can only have been seen as contemptible, inhumane to the point of barbaric. Way to go, politicians making a stand against the evil communists: I shake my head as I lower it in shame.
@@aclark903 People like you have been predicting the collapse of China for decades, while they quietly go about reshaping a rotten, corrupt, blood-thirsty western "rules based order", and lifting a quarter of humanity out of abject poverty without firing a single bullet or bombing a single hospital/wedding/innocent family. Maybe time to change the record?
Yanis never disappoints!
"building nothing but pyramids" -> the best description of high finance I have heard in my life ever!!!!
We need more like him in world politics
I’ve never been a fan of psychological thrillers, but I love listening to Yanis scare the living sh out of me.
I recommend to read his Book "Adults in the
Room " That's a real Triller. 🤔 .
Excellent breakdown of the systemic problems with the financial establishment in the modern era.
Excellent lecture!
“People who pride themselves on their "complexity" and deride others for being "simplistic" should realize that the truth is often not very complicated. What gets complex is evading the truth.”
It is great to hear intellectuals such as Yanis - whether I agree with him or not, I will always value his views!
Spot on about the UK housing issues.
Excellent stuff, as always
Glad to hear someone has recognized Mexico as an a significant trading player
Truly fantastic information. Such deep insight.
I've never met the man but deeply respect his humanity and integrity. He needs to lead a political party which is actually in power.
Agree .💯
The dictionary definition of time well spent.
A joy to listen to. Very intelligent. The world is lucky with such intelligent good people like Varoufakis.
Ha! A Faustian bargain! On banks and government. How well expressed. Lovely. So smart.
2008 explained. So smart. We had the same thing in Holland. Our Labour Party PvdA also bought out the banks with tax money. So now these banks survived gloriously and we, the people, are poor and bankrupt. We have been betrayed in a terrible way.
Thank you very much!
This was a very good topic how we can combine social democracy and capitalism .thanks alot to Yannis Varoufakis that brings us this kind.. of skepsis...
The guy sitting right behind the moderator and incapable of not checking his phone the whole time. 😂 Embarrassing.
He was the honorary technopeasant
Best wishes from Manchester Old England great show everybody keep up the good work ❤️☺️ Amen
his talk about the idea of cloud capital is extremely forward thinking. potentially a lot to learn from this man if you have strong enough prerequisites (not sure I do)
Fantastic question and answer at 38:45
I don't agree. I think he got it wrong on this subject.
@@ToivanGelder Why
Great question and I agree with most of his reponse.
@@ToivanGelder please give an explanation, otherwise I will not respect your disagreement
That was a truly fascinating lecture / q&a…..
I am not sure why I hear so many negative comments about him in Greece. It must be to do with the media. A relative said "he closed the banks" whatever that meant. I agree with every single thing he says and I found this talk/conversation to be particularly illuminating. Well done on the Cambridge Union for asking unflinchingly honest questions.
The point with Yanis Wannafaxis is that he was part of a gov that coopeated with a ultra nationalistic party that is looked upon as a criminal organization now, and that he is ultrasocialist as long as his Greek fellow countrymen benefit from it, but that he cares a goddæm sh!t about poor people in other countries when it comes to justifying the parasitic mentality of the Greeks who did not even consider it necessary to pay their due taxes. Greek people have a nepotistic mentality, they are basically unable to organize the garbage collection, let alone to run a whole state. The word 'democracy' being Greek or not. Yanis Wannafaxis is a waffler and ballroom socialist.
Your relative had it right. He was responsible for the worst financial crisis in Greece ever since the 50s. He is highly charismatic and that is being misinterpreted as being brilliant in economics. He is not. He proved that much.
@@Kodopitharos I can’t see the charisma. I can see facts evidence and argument though which for a lot of us go a lot further than charisma and sentiment. What he says and what he argues needs thorough research, knowledge and analysis. Not charisma. I don’t find his delivery particularly fetching but this doesn’t mean I can’t hear the facts, evidence, sequencing and argument. Not sure where charisma fits in to all this.
@@helenp7 it fits to the fact that people look up to him as a brilliant economist when he proved in practice thay he is not.
Corrupted media and mass uneducated people. Varoufakis was MF for 6 MONTHS and was accused of destroying greek economy , meanwhile the parties New Democracy alongside Pasok ruled greece the last 50 years (By the way New Democracy party owns 400 million euros). Keep in mind the last 3 years mainstream media took more than 80 millions due to covid just to "inform" the people and guess, those were our taxes. In Greece we dont have teachers/prof, philosophers, those are dead, now we have entrepreneurs, anchormen, big journalists to educate the masses. I do not vote anyone, i am not varoufakis supporter , but on the other hand i cant stand the ignorance of the uneducated mass
Thank you for this speech Yanis.
Varoufakis is imo unparalleled as a leftist economic thinker today, drop a suggestion for other people to check out if you want. One of my other favorites and extremely different is matt Bruenig.
Too bad, his views on China are aging like milk. He is naive about it, or blind on purpose.
Not exactly economic but Olufemi Taiwo is another favorite of mine.
if you also like being "abstract and academic" I have to always mention the late Graeber, for an Anthropology of Economics
@@gordusmaximus4990 In what way
@@gordusmaximus4990 he also doesn't get that what's left of Ukraine will only be a fraction of what it is currently.
Wow, I learned soooo much. I must get the new book!
Great, Yanis!❤
Masha Allah zaberdast
Varoufakis really needs to convince his own countrymen to vote for his economics.
As one of his country men who felt his "geniousness", I can assure you that he is on the same league with Liz Truss. He brought upon us a third MOU and added another 40billion to our debt! That is what he did! He is not even an economist. He teached math to an economic univercity! He is one of the most pompous persons on the planet
His own countrymen have had enough experience of him, thank you.
No thanks
Nope lol
@@stevelam5898 Experience based on EU enforced austerity. Greece would have been forced into bankruptcy by the EU and economic institutes. I believe what happened in Greece under Syriza(idk if i wrote it right) isn't their policy our believes but them getting into power in horrible times and having to enact policy that the EU pushed on Greece.
Im not trying to make any moral judgements btw.
Such densely thought out critique of the Western financial house of cards.
"Any Adults in the room?" is a quote from this adult showing us the only way.
He is a new voice up to date and waking the dead.
To be a socialist, becomes of meaning, not red handout.
Always enlightening because we get the truth from him. Thank you.
I totally agree with your analysis of the Left Yanis. In my early twenties I at last met someone in the communist party. I had read a little about it. This person couldn’t explain dialectical materialism to me and then asked me to go with him to expunge a Trotskyist group in South London. I had heard of Trotsky but really knew nothing. This person would not give any reason why I should go and do this and left. As you say, groups I subsequently met had more enmity for each other than for the governments
I love you Prof. Yanis.
Yanis! You are truly UNIQUE! ALL THE BEST!
Super Professor and real politician
Brilliant analysis of Margret Thatcher's Ponzi Economy
Thank you Yanis!
Few on the left I can tolerate but Yanis is one of them. He seems genuinely honest and having integrity rather than performing. Very intelligent and likable.
@@user-fg3lt6mo7j no one has ever told me socialism is bad. The historic outcomes from attempts of it are not great tho. Whilst capitalism has brought the most people out of poverty, socialism seems to put people back into it. How's things in Venezuala at the moment? Don't tell me - they didn't get it right - but you and your mates are the ones which would...no thanks. Varoufakis' ideas are think-pieces. Anyone called to action by them would be delusional fanatics.
Great man,great thinker
Yanis’s analysis is on point. Unfortunately his solutions are not listened to…
In short, what are some of his solutions?
Yanalysis
@@lstoryrecords_ unfortunately 'solutions' is quite general; crizish did not seem to specify and he seems to have ignored your question too.
If I were to try and give one example myself, it would be his response to the 'Greek debt' situation where he said (1:04:36) "the optimal strategy when you are digging a hole is to stop digging". I believe that this was his shortened version of his solution of 'accepting bankruptcy'. He expressed that Greece's solution (at least for much of the time) to dealing with its debt is (1:01:02) "extending and pretending" whereby to deal with your current debt, you take out more loans which you can't pay back thereby increasing your debt further. I personally think his idea of accepting bankruptcy and negotiating a way of paying it back makes a lot of sense. I find his request to (1:00:58) "write off the rest" (of the debt) to potentially be unfair as you are asking that the lender not expect to get their money back, though it was surely unfair of them to manipulate you into taking loan after loan in the first place. Maybe the moral is to never accept loans unless you are ultimately certain that you can pay it back.
You wanted a short response, but I think that is part of the problem. I think that these topics require a lot of discussion
I would have to watch the video again and listen out, but I don't know if he gave a solution to the Russia-Ukraine situation, though with this said, it would surely be extremely arrogant to give a solution with confidence. The whole situation is a mess and someone will have to pay for it, and people don't like paying for things if someone else could or should pay for them
Buy his book „another now“ for solutions
Rarely do I not enjoy listening to this guy. Great command of English.
Yanis raises multiple honest & valid points, I do though still view myself as right wing.
In my mind, courteous of academic revelations, discovered by my fellow humans, I believe the root cause of humanity’s deviation from a harmonious path stems from religion, specifically, monotheisms.
Their suggestion that humanity is at the centre of the universe & their fixation on the individual.
Following on in Copernicus’s light, humanity is not at the centre of the maths, & at all scales of society we should devote consideration to,
A - The flow of the universe
B - Humanity’s interests, both the group as a whole & the individuals.
C - The interests of the rest of life we share this planet (& ultimately the entire universe) with.
Universal Humanism (universal life humanism) is the true path.
How can you be right wing and anti-religion? One of the key reasons why I felt that I had no choice but to throw my weight behind the left is precisely because the right has been completely taken over by religious fanatics. In the US, in Turkey, Russia, India, and to a lesser extent Europe where it’s more subtle but you can still see elements of Christian nationalism.
A fascinating brilliant chap
Thank you Yanis is correct amount the Amazon Cloud the "rent" is now what is paid by every human that shall IS the monopoly that I watched . Thank for articulating in words what my intellect from understanding computers from '80's with history education and economic education 😘
We all love the dress on this strapping lad. And that accent...wow!
Makes me believe everything he says. I used to sound so convincing about everything I thought and said. I probably still would if I had the desire to cloud-advertise/commodify myself.
Excellent analysis!
spitting straight facts
very good conversation, lots of great ideas
Me encanta la sección de preguntas. I love the section of questions
Danke Mr. Y. Varoufakis God bless you.
And God bless us - because we are going to need this....
Great speaker ,knowledge outstanding
His Book "Adults in the Room. Eye opener. 💯
I admire Yanis for his intellect and bringing light to the leftist ideology. I would love him to have a open discussion with Jordan Peterson about these issues.
No point, Peterson is a nineteenth century ideologue, and a christian apologist with cargo cult tendencies.
In Canada he backs the most slimey of our political class.
I thought this as well
A deep deep analysis.
This chap continues to be incredibly interesting and insightful. All of what he says makes sense, and his Cloud Capital thesis is very true and makes so much sense - worryingly so.
good work
It's heartening to see that even these elite brats are on their bl00dy phones all the blooming time whatever is placed in front of them.
I liked the question about overcoming corporate power in order to maintain a democracy. My guess at an answer to that question is that climate change or even in worse case scenario nuclear war, is likely to force that dilemma on us much sooner than we think. Yanis was honest in saying initially, he did not know. If the world has to undergo either of those two possibilities, to such a degree that corporate power itself is seriously disrupted, then the chips of democracy if any of us survive, will arrange themselves naturally.
its funny how even when you're talking about apocalypctic scenarios you somehow manage to do it with wishful thinking and the assumption that everything will be fall into place by itself
Margaret Thatcher was obviously awful but back in the 80’s my parents, both in their early 20’s, were given a brand new council house, where my mum went on to get a free university education, while being paid 9000 quid a year while she studied, before then buying her own large 4 bed property for £10k on junior journalist wages. They were set up for life before they were 30, allowing them to focus on their careers and invest in their future. Today, most of my friends can’t even afford their rent, let alone pay off their student debts. They can’t even afford dentistry and if they have cancer symptoms they must pay 1000’s for private scans or risk waiting months with NHS. It was easier to build a life and own a home under Thatcher than any of her successors. Where’s all the money gone to spread around more evenly and invest in people? Has it gone to the 0.01% who, as it happens, have never had so much money? No wonder Jeremy Corbyn had to be painted as an AS! The elite can’t be having a socialist as PM, can they now?
We need China to do a massive Belt & Road Initiative with the EU after the war in Ukraine!
Amerika will never allow it and they are quite willing to sacrifice eu down to the last european. don't forget amerika's first no matter the cost.
There are now reports of Belt and Road programs showing they are poor value projects that have left the emerging countries with failed infrastructure and debt.
@@freebornjohn2687 oh really!! that must be from CNN.
May be you should go with Build Back Better, ...oh wait, it doesn't exist yet.
Good luck americans.
@@freebornjohn2687 according to CNN ??
@@sed9406 From the Financial Times and from an engineer I know who works on infrastructure projects. The projects have not been built to a high standard, I don't think it should come as a surprise.
It is a necessity to personally experience living in socialistic system to understand the differences and seek for the world's crisis solutions. I've lived in both system socialism and capitalism and see and understand the human condition. Since capitalism is combination of the worst man sides such as greed, ability to lie, ext... a society which destroys our only the place to live, socialism, minimalism and responsibility are the very good things for the planet Earth, in my opinion. THANK YOU for the speech.
Does anyone in the US media ever interview YV?
does Man United youtube ever interview Juergen Klopp?
Conventional mainstream media (like CNN, MSNBC etc.) no they havent. But "Democracy Now" has interviewed him a number of times. Its an online independent media.
Of course not
38:02 massive question, so bloody relevant. I hate the need to make money nowadays, at least where I live (London atm). Where I am from and in the circle of people I know from school, I feel like there is such a strong culture of get a good education then enter a career where you make a lot of money. you can get by on a lower amount of money, but I feel this underlying sense of patronisation from people who make more money than me when I talk to them. I hate this sense of importance other people derive from having more money than someone else, and hope that if I ever make 'good' money that I won't be sucked into the same feelings of self importance
Yanks!!! Thank you for the honesty. I believe there are ways to harness structurally the new capitalism, what did you call it? We need to invent New Democratic structures that themselves are cloud-native. God, would love to talk shop on that.
another great session by YV...
Greetings from Mexico... I want to hear more about what Varufakis spoke with Obrador and Ebrad
Check the diem25 or progressive international chanel here on youtube maybe you find something
@@japiro14 Thanks, I already checked, but no.
Yanis is so insightful
Very interesting and useful talk
Excellent discussion. The world needs peacemakers not warmongers. All us nato military groupings to be disbanded for peace to prevail
I don't respect many people, but I do him. Talented speaker.
You never get tired hear yanis!