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Why Germany neither can nor should pay more to save the eurozone – IFO Munich Seminar, 11 June 2018

, 17/07/2018

 “I wanted a Germany that was hegemonic and efficient, not authoritarian and caught up in a European Ponzi scheme. That was in 2013.” Excerpt from the Munich Seminar. This CESifo group Munich seminar took place on June 11, 2018 in Ludwig-Maximilian University, in Munich, in the Grosse Aula of the Ludwig-Maximilian University. The euro crisis has highlighted […]

INTERNATIONAL SOCIALISM, NOT SOCIALISM IN ONE COUNTRY: On the UK Left’s relation with Europe – Open Labour document

, 17/07/2018

Socialism is internationalist. As socialists, we ought to be taking down borders between workers; not putting new ones up. Labour deserves, at a minimum, the same rights and freedoms as capital if we are to be masters of the system, not its servants. The political aim of the Left has always been to improve labour, […]

Yanis Varoufakis è un pazzo o un profeta? Il Post, 15 June 2018

, 30/06/2018

Abbiamo passato una giornata con l’ex ministro greco, che alle prossime elezioni europee vuole riunire la sinistra di tutto il continente e rivoluzionare l’Unione Europea di Davide Maria De Luca – @DM_Deluca  (ANSA / MATTEO BAZZI «Avete notato come le persone cattive stiano tutte insieme? Salvini, Le Pen, Orban: insieme stanno benissimo». Mercoledì pomeriggio una piccola […]

Varoufakis Says There’s an EU Crisis, Not a Refugee Crisis – Bloomberg

, 29/06/2018

Former Greek Finance Minister Yanis Varoufakis discusses the European Union agreement on migration which he calls “a fudge” and “complete failure.” He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)  June 29th, 2018, 2:05 PM GMT+0300

Profiles in Euro-Denial: The thwarted euro reforms & Greece’s permanent debt bondage – Project Syndicate op-ed

, 28/06/2018

ATHENS – Europe’s establishment is luxuriating in two recent announcements that would have been momentous even if they were only partly accurate: The end of Greece’s debt crisis, and a Franco-German accord to redesign the eurozone. Unfortunately, both reports offer fresh proof of the European Union establishment’s remarkable talent for never missing an opportunity to […]

Germany has been wasting its wealth in a manner that prevents the rest of the Eurozone from earning its keep – Video interview for Mission Money, Munich

, 26/06/2018

Er galt als der große Euro-Schreck während seiner Amtszeit als griechischer Finanzminister! Doch waren die Vorwürfe von Politikern und Medien gegen Yanis Varoufakis wirklich gerechtfertigt? Im Interview mit der Mission Money vertritt Varoufakis spannende Positionen. Deutschland dürfe nicht für Pleite-Staaten haften, fordert er. Und außerdem werde Deutschland aus dem Euro austreten, wenn ein ganz bestimmtes […]

The Globalising Wall: How Globalisation built walls and divisions. By Y. Varoufakis & D. Stratou, in the Architectural Review

, 20/06/2018

Our theme is a wall. A wall that is neither some ordinary physical structure at a specific site, nor a symbolic wall. It takes a material form in sites around the globe while transcending locations and leapfrogging whole continents as if in a strange quest to globalise itself, to infect our supposedly unifying world with […]

Handesblatt interview: On Germany and Europe’s crisis, 12 June 2018

, 12/06/2018

München941.000 Follower bei Twitter ist in der Währung der digitalen Neuzeit ein Spitzenwert. Für einen Ökonomen ist es ein Rekord. Und so steht Yanis Varoufakis, 57, an diesem Montagabend im nachtblauen Anzug mit nachtblauem Hemd auf der Bühne der altehrwürdigen Münchener Ludwig-Maximilian-Universität und verbreitet Rockstar-Image. Der Rebell des Euro-Systems, für fünf wilde Monate des Jahres […]

The Italian crisis was the Left’s final warning – New Statesman op-ed, 6 June 2018

, 06/06/2018

The Left must adopt a new, credible EU policy agenda: It’s time to explain how the bloc, and the euro, could be run differently, democratically and sustainably Italy’s recent political crisis has at once confirmed the European Union’s unsustainability and the left’s impotence. That the euro is a currency system within which a country like Italy cannot […]

Τα Αίτια της Ιταλικής Κρίσης – και ο λόγος που το DiEM25 ιδρύει το δικό του κόμμα στην Ιταλία – 13 Ιουνίου στο Μιλάνο

, 05/06/2018

Η πολιτική κρίση στην Ιταλία ήταν αναπόφευκτη συνέπεια της αρχιτεκτονικής της ευρωζώνης και της αποτελμάτωσης που αυτή προκάλεσε. Ο μέσος Ιταλός είναι σήμερα φτωχότερος απ’ ό,τι είκοσι χρόνια πριν, ενώ την τελευταία δεκαετία η διαφορά στο κατά κεφαλήν εισόδημα για τον μέσο Ιταλό από τον μέσο Γερμανό εκτοξεύτηκε από 12% σε 32%. Παράλληλα, για πρώτη […]

Interviewed by Vanity Fair Italia on the new 5S-Lega government – Read the original Q&A in English

, 05/06/2018

Vanity Fair’s interviewed me on the new Italian government (see here). The complete, original Q&A follows below: So, Italy has finally a government. New Premier is Giuseppe Conte, a technician who was never elected. Do you think this is acceptable?  The new government has the consent of the majority of parliament. So, it is legitimate. […]

Interviewed by Il Fatto Quotidiano on developments in Italy, Europe and Greece. Here is the original Q&A in English

, 05/06/2018

Italian daily Il Fatto Quotidiano interviewed me (see here) regarding the latest developments in Italy, Europe and Greece. The original Q&A (in English) follows: Greece is about to exit from the notorious memorandum, the austerity plan signed with the troika. Public finance has improved at a high price for the population as we all know. […]

The terrible prophesies of Brexit – op-ed in literary magazine FIVE DIALS

, 03/06/2018

Brexit rode to victory on the coat-tails of a type of discontent whose power sprang from its insuperable reluctance to specify its nature. Seemingly focused on a foreign power centre that British voters saw (with some justification) as the usurper of their democratic rights, its real focal point was nebulous and imprecise enough to encompass […]

With his choice of prime minister, Italy’s president has gifted the far right – THE GUARDIAN

, 01/06/2018

Italy should be doing well. Unlike Britain, it exports considerably more to the rest of the world than it imports, while its government spends less(excluding interest payments) than the taxes it receives. And yet Italy is stagnating, its population in a state of revolt following two lost decades. While it is true that Italy is in serious need […]

Complete text of my interview with Corriere Della Sera’s Aldo Cazzullo (in English)

, 31/05/2018

Corriere Della Sera, the Italian daily, published today an interview that I gave to Aldo Cazzullo. For the published version (in Italian of course), you can visit the paper’s site here. However, the published text is a heavily reduced version of the exchange between Mr Cazzullo and myself. For those interested in the full exchange, see […]

Merkel’s Comeuppance is Europe’s – and the World’s – Misfortune – Project Syndicate op-ed

, 30/05/2018

JOHANNESBURG – One of the most common mistakes European leaders make in interpreting US President Donald Trump’s hostility toward America’s traditional allies, or the alacrity of his administration’s efforts to blow up the international order, is to assume that all of this is unprecedented. Nothing could be further from the truth. To continue reading for […]

The Open Letter sent to me in 2015 by Paolo Savona & Giulio Tremonti, two former Italian ministers, on reforms to the EU that they considered necessary

, 29/05/2018

Rome, July 24, 2015 To Yanis Varoufakis and Dominique Strauss-Khan Dear Yanis, dear Dominique, There is a place on earth that represents Europe’s very roots: Greece. Let us begin there. Athens, April 28, 1955. Albert Camus’ conference on “The future of Europe”.[1] On this occasion, participants agreed that the structural characteristics of European civilization are essentially […]

New York Magazine – Interviewed by Felipe Ossa: “Yanis Varoufakis Has Some Ideas About How to Save the Future”

, 28/05/2018

Much of the world was introduced to Yanis Varoufakis in early 2015, when, as Greece’s bold new finance minister (he rode a Yamaha to work and tabloids touted his sex appeal), he led negotiations with the European Union, the European Central Bank, and the International Monetary Fund to restructure the country’s crushing load of government debt. […]

President Mattarella of Italy: From moral drift to tactical blunder

, 28/05/2018

I concede that there are issues over which I would welcome the Italian President’s use of constitutional powers that (in my humble opinion) he should not have.(*)  One such issue is the outrageous policy of the Lega and the promise of its leader, Mr Salvini, to expel five hundred thousand migrants from Italy. Had President Mattarella refused […]

Does capitalism make us happy? On THINK AGAIN: A Big Think podcast – 26 MAY 2018

, 27/05/2018

Yanis Varoufakis – Happiness, Inc. – Think Again – a Big Think Podcast #149 Jason GOTS: As the Wu-Tang Clan once put it: “Cash moves everything around me… Get the money. Dollar dollar bill, y’all.” I grew up not wanting to believe this. All the stuff that seemed worth having was hard to put a […]

On YouTube’s ‘The Young Turks’ (TYT), interviewed by Nomi Konst on Capitalism, Democracy and Crisis – 21 MAY 2018

, 27/05/2018

Nomiki Konst (TYT Politics) interviews former Greek Finance Minister and Greek Member of Parliament Yanis Varoufakis. Get ‘Talking to My Daughter About the Economy: A Brief History of Capitalism’ here: http://a.co/eXqqRNt

At the New School, discussing ‘Capitalism and the Present Moment in History’ with Will Milberg – 7 MAY 2018

, 25/05/2018

On the day of this discussion/presentation, students and staff were occupying part of the New School as part  of a twin labour dispute: one regarding the cafeteria staff facing dismissal and partial re-employment under worse terns and a second dispute concerning low pay and lack of rights for student workers-TAs. It is in this context […]

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