The Guardian
Does Australia know what it is getting into viz. the US-China New Cold War? GUARDIAN AUSTRALIA podcast
, 01/04/2024
Does Australia really want to become entangled in a war (Cold or Hot) between the US and China motivated by the clash of the world’s two super cloud fiefs?
Why is Labour still using the self-defeating, discredited ‘maxed out credit card’ analogy? The GUARDIAN
, 22/02/2024
It is one thing to U-turn on a modest green transition programme. It is another to do so using mendacious Tory economic paradigms. Rarely has a lacklustre policy been abandoned for a reason so bad that it threatens to inflict long-term damage on a society. Independently of whether the £28bn green investment programme was the […]
The big idea: has the digital economy killed capitalism? – The Guardian
, 03/11/2023
Enter Amazon and you have exited capitalism. Despite all the buying and the selling that goes on there, you have entered a realm that can’t be thought of as a market, not even a digital one.” When I say this to people, which I frequently do in lectures and debates, they look at me as they […]
Long interview with Carole Cadwalladr, for the Observer/Guardian, on my Technofeudalism
, 04/10/2023
What could be more delightful than a trip to Greece to meet Yanis Varoufakis, the charismatic leftwing firebrand who tried to stick it to the man, AKA the IMF, EU and entire global financial order? The mental imagery I have before the visit is roughly two parts Zorba the Gr eek to one part an episode of […]
Why can’t the EU power ahead with green subsidies like Biden’s? It isn’t just political procrastination – THE GUARDIAN
, 14/09/2023
Inglorious procrastination is one of the European Union’s standard responses to major crises. This is not merely due to the difficulty of getting twenty-seven Prime Ministers and Presidents to agree. It is also because of their motivated tendency to ask themselves the wrong questions, thus heading slowly but inexorably to self-harming policy solutions. After the […]
Trickle-down Truss is carrying on the dirty work of Thatcher, Blair and Osborne – THE GUARDIAN
, 01/10/2022
If Kwasi Kwarteng’s mini-budget survives the storm it triggered, a banker on a million-pound annual salary stands to receive £50,000 of income tax relief – on top of the extra bonuses the bank can throw in, now that the Liz Truss government has removed the cap on them. Meanwhile, a Deliveroo rider gets a pep […]
Here is what Central Banks could do to stem inflation without crushing the poor or killing off the Green Transition – The Guardian
, 16/04/2022
Inflation is a disease that disproportionately afflicts the poor. Even before Vladimir Putin unleashed his brutal war on Ukraine, whose byproducts include soaring energy and food prices, inflation was already over 7.5% in the US and above 5% in Europe and the UK. Calls for its taming are, therefore, fully justified – and the interest rate rise in the US, […]
What’s behind the Cop26 fraud? – The Guardian
, 16/11/2021
There are three reasons Cop26 proved such a spectacular debacle: A planet-wide collective action problem over “free-riding”. A global coordination failure. And… capitalism! “Make no mistake, the money is here, if the world wants to use it,” said Mark Carney, the former Bank of England Governor who today serves as UN climate envoy while also representing […]
Lessons from this summer’s calamitous Greek forests inferno – The Guardian
, 31/08/2021
After the second world war, Greece’s countryside experienced two debilitating human surges – an exodus of villagers, then a most peculiar human invasion of its fringes. These two surges, aided by a weak state and abetted by the climate crisis, have turned the low-level drama of naturally redemptive forest fires into this summer’s heart-wrenching catastrophe. […]
A chat on ANOTHER NOW with The Guardian’s Zoe Williams – The Guardian Live
, 04/12/2020
‘Another Now is structurally, ideologically and linguistically an extraordinary work’ Zoe Williams
Today, Black Friday, we are boycotting Amazon, globally – Damien Gayle in The Guardian
, 27/11/2020
The economist Yanis Varoufakis has called for a one-day boycott of Amazon on Black Friday as trade unionists, environmental activists, privacy campaigners and tax justice advocates plan coordinated actions against the company’s sites and supply chain. Amazon’s success during the coronavirus pandemic – at one point the company was reported to be making sales of $11,000 (£8,200) […]
Live discussion of ANOTHER NOW with Zoe Williams – A GUARDIAN LIVE event this Monday at 19.00GMT
, 21/11/2020
In Another Now, Varoufakis imagines a post-capitalist democracy. Set in 2025, through three contrasting characters – a banker, a feminist and a technologist – he paints a radical and thought-provoking blueprint of how democratic socialism could work today, in a world without billionaires, stock markets or tech giants. Can we truly critique capitalism without genuinely considering the […]
The op-ed that The Guardian would have published had Trump won: Compare and contrast
, 11/11/2020
Before the US Presidential Election the Guardian kindly asked me to write two articles: one in case of a Biden victory, one in case of a Trump victory. I was happy to write them, only to be startled by how similar the two articles ended up being. Interested readers can read here the article that […]
Hoping for a return to normal after Trump? That’s the last thing we need – The GUARDIAN
, 11/11/2020
Normalcy and the restoration of a modicum of decorum to the White House: that is what many elite supporters of Joe Biden hope for now that he has won the election. But the rest of us are turned off by this meagre ambition. Voters who loathe Trump celebrate his loss, but the majority rue the return […]
ANOTHER NOW: My political science fiction novel depicting a fully-fledged socialism we could have had – THE GUARDIAN
, 05/09/2020
When Margaret Thatcher coined “Tina” – her 1980s dictum that “There is no alternative” – I was incensed because, deep down, I felt she had a point: the left had neither a credible nor a desirable alternative to capitalism. Leftists excel at pinpointing what is wrong with really-existing capitalism. We are good at demonstrating that […]
The EU coronavirus Recovery Fund will take Europe another step towards disintegration – The Guardian
, 25/07/2020
During the early years of the eurozone crisis, I remember gauging its depths by the rapidly diminishing half-life of the celebrations that followed every European Union summit. Premature proclamations that the crisis was over inspired hope, which caused the money markets to rebound. But then, at some point, gloom would unfailingly return. As the years of […]
In conversation with David McWilliams on the future after Covid-19 – The Guardian
, 08/05/2020
David McWilliams and I have had many conversations, often in front of large audiences in Ireland, on the economics and politics of Europe, Brexit, Ireland, Greece, the world. In this latest conversation we are discussing the impact of Covid-19 on capitalism. The extract below, published by The Guardian, comes from the last chapter of an […]
The EU’s new coronavirus relief deal is a gift to Europe’s enemies – THE GUARDIAN
, 13/04/2020
Europe suffered a historic defeat on Thursday night. After weeks of impasse, the Eurogroup gathering of finance ministers, whose countries share the euro, reached a decision on their collective response to the coronavirus pandemic’s economic impact. Besides constituting an epic dereliction of duty, the Eurogroup’s decision dealt a decisive blow to the foundations of the European […]
Coronavirus has sparked a perfect storm of nationalism and financial speculation – THE GUARDIAN
, 09/03/2020
Nationalism and speculation have seldom had a better opportunity to combine forces as the one riding today on the coattails of Covid-19, known as the coronavirus. When Covid-19 leapfrogged from China to Italy, even ardent Europeanists normally appreciative of open borders joined the deafening calls to end freedom of movement across Europe’s national borders – a […]
Oligarchy & Xenophobia: The only beneficiaries of Greece’s economic ‘recovery’ – The Guardian
, 04/03/2020
Spring is already in the air across Greece. Even in the bleakest of times, nature’s renaissance renders hope irrepressible. But this one is proving a cruel spring for a people caught up in a decade-old crisis yielding one ritual humiliation after another. Costas runs a small bookshop in my central Athens neighbourhood. Although jovial by […]
The EU’s green deal is a colossal exercise in greenwashing – The Guardian
, 09/02/2020
Ursula von der Leyen’s signature proposal co-opts the slogans of climate activism, but has none of the substance Emergencies tend to reveal our true priorities. When our house is burning down or the storm waters are flooding in, we hold on to what we value most, and leave the rest behind. A decade ago, the […]
Reflections on 2019 – my foreword in THE GUARDIAN BEDSIDE 2019
, 25/12/2019
Every year for nearly 70 years, the Guardian has collected the best of its journalism into a book – the BEDSIDE GUARDIAN. This year, Bedside Guardian 2019 is edited by Aditya Chakrabortty with Paul Johnson, deputy editor, alongside Jonathan Freedland, Zoe Williams Emma Graham-Harrison. The editors were kind enough to ask me to write the Foreword. As it reflects my […]
With a recession on its way, it is time we demanded an International Green New Deal
, 15/10/2019
Last April, again in The Guardian, David Adler and I called for a particular Green New Deal to be implemented internationally. Now that a new recession is ante portas, we are renewing this call, suggesting that we cannot afford yet another ‘good’ economic crisis to go to waste. Our latest piece in The Guardian follows: […]
Lagarde at the ECB – my take in The Guardian
, 16/07/2019
Christine Lagarde was a key member of the infamous troika – Greece’s official creditors – who crushed our people’s resistance to perpetual debt bondage. The other key figure alongside the International Monetary Fund’s then managing director was Mario Draghi, president of the European Central Bank, who played a central role in that drama by engineering the closure of […]