Essays
A European Spring is possible – The Nation
, 14/03/2019
The 2008 global financial crisis—the modern 1929 crash—set off a vicious chain reaction across Europe. By 2010 it had irreparably damaged the foundations of the eurozone, causing the establishment to bend its own rules and commit crimes against logic in order to bail out its banker friends. By 2013 the neoliberal ideology that had legitimized […]
EU Court defends the ECB’s right to cover up its illegal closure of Greece’s banks
, 12/03/2019
The European Union Court today delivered its verdict: European citizens cannot be allowed to find out whether the ECB acted legally in closing down Greece’s banks in June 2015. Why? In the wording of the three judges, because such disclosure would affect the ECB’s “space to think in 2015 and also after 2015”. If this sounds […]
The European Spring holds the answer to the fragmenting EU’s plight – The Guardian, 11 MAR 2019
, 11/03/2019
The European Union is fragmenting at a time when Europeans need it the most. Emmanuel Macron is right to point this out. But he is wrong to push another top-down agenda that lacks credibility, fails to speak to European’s concerns, and entrenches the democratic deficit at the heart of the EU. By entrusting Europe’s renewal to its […]
Two replies to Piketty’s critique of our New Deal for Europe
, 07/03/2019
Thomas Piketty recently criticised DiEM25’s New Deal for Europe for relying on new debt, rather than new taxes, to fund green investment. James K. Galbraith and Stuart Holland (my long time collaborators on the New Deal for Europe and the earlier Modest Proposal on which it was founded) have now replied to Piketty’s critique (see […]
Our Plan for a European Spring | DiEM25
, 07/03/2019
The 2008 global financial crisis — the modern 1929 crash — set off a vicious chain reaction across Europe. By 2010 it had irreparably damaged the foundations of the eurozone, causing the establishment to bend its own rules and commit crimes against logic in order to bail out its banker friends. By 2013 the neoliberal ideology […]
German political economy’s two naughty sisters in action, once again – George Krimpas guest post
, 04/03/2019
The lean years are here again, to the apparent satisfaction of Germany’s Finance Minister, a Social Democrat. The rate of growth of the budgetary surplus was declining, therefore restraining expenditure was the prudent attitude, the public must rest assured that over the next few years 25 billion euros will be saved, the chance of a […]
Europe’s Leaders Are Aiding Italy’s Populists – Project Syndicate op-ed
, 03/03/2019
The fact that Italy’s public debt has a lower credit rating than private debt is a reflection not of public debt’s intrinsic inferiority but of a political choice made by European leaders. And, by bolstering an authoritarian politician, that choice is now blowing back on them. ATHENS – Italy is now the frontline in the […]
Britain needs to choose its dominant Brexit strategy – The Telegraph
, 28/02/2019
Imagine that we knew the day of our death. Our lives would change drastically. Though we know we shall surely die, not knowing precisely when the mortal coil will be shuffled off makes all the difference, allowing us to live life productively on a day-by-day basis. For exactly the same reason, the fixed deadline embedded […]
Utopian science fictions legitimising our current dystopia – 2019 Taylor Lecture, Oxford University
, 19/02/2019
The Faculty of Medieval and Modern Languages, Oxford University, kindly invited me to deliver the 2019 Taylor Lecture on 12th February 2019. I chose the topic of Realistic Utopias versus Dystopic Realities – my aim being to highlight the manner in which really-existing capitalism is marketed as a utopian science fiction that has nothing to do with… really-existing capitalism. Behind this elegant utopian […]
Our moment in history, and what must be done. Théâtre du Rond-Point, Paris, Monday 18/2, 20.00
, 11/02/2019
Monday 18 February, 20.00, live from Théâtre du Rond-Point. A discussion between Aude Lancelin and Yanis Varoufakis on politics and philosophy. Follow on @LeMediaTV.
THE ECONOMIST on DiEM25 & the European Spring: “Varoufakis Sans Frontières”
, 05/02/2019
In a warm office in Berlin’s trendy Kreuzberg district, Charlemagne is trying to persuade Yanis Varoufakis that he is a politician. “It’s a necessity. I really dislike running and asking people for votes,” protests the Greek economist when asked about European Spring, his new transnational political party. Does he think of himself as a politician? “No. […]
David Adler explaining our radical vision for a New Bretton Woods on CNN
, 05/02/2019
The president of the World Bank, Jim Yong Kim, just stepped down in search of greener pastures. His readiness to resign prompted David Adler (DiEM25’s Policy Coordinator) to I to write this op-ed in The Guardian arguing for a New Bretton Woods. In this CNN interview David explains what we mean.
A radical new vision for the World Bank and the IMF – op-ed with David Adler, in The Guardian
, 31/01/2019
The president of the World Bank, Jim Yong Kim, will step down on 1 February – three and a half years before the end of his term – in search of greener pastures. His readiness to resign from the leadership of one the two most powerful international institutions is a worrying omen. But it is also an […]
Jeremy Corbyn’s necessary next step: A Speech of Hope for Britain – The Independent
, 31/01/2019
Britain’s prime minister has been remarkable in resolutely following a ruinous path that she keeps insisting remains the least perilous road to Brexit. Theresa May’s first crime against logic was to trigger Article 50 without a plan of what to do on 29 March 2019 if no deal had been struck with Brussels. Her second was to forfeit […]
“Ich bin stolz auf die Dämonisierung” – Deutsche Welle
, 29/01/2019
In der Finanzkrise zog er den Zorn europäischer Sparpolitiker und heimischer Eliten auf sich. Jetzt will Yanis Varoufakis selbst nach Brüssel. Im Interview mit der Deutschen Welle spricht er über seine Vision für die EU. Als Finanzminister Griechenlands verhandelte Yanis Varoufakis während der Finankrise 2015 – ohne Erfolg. Nach seinem Rücktritt gründete der Ökonom die paneuropäische […]
Britain needs a People’s Debate, not a second Brexit referendum
, 24/01/2019
Britain is teetering on a knife’s edge: about to crash out of, or back into, the European Union. Either outcome would represent a defeat for democracy in the UK and in the EU. Crashing out would inflict substantial economic hardship on the weakest in Britain. It would boost jingoism and parochialism, drive England further apart […]
The Brexit clock must be run down, not re-set – op-ed
, 24/01/2019
The overwhelming defeat that Britain’s Parliament inflicted upon Prime Minister Theresa May’s Brexit plan was fresh confirmation that there is no substitute for democracy. Members of Parliament deserve congratulations for keeping their cool in the face of a made-up deadline. That deadline is the reason why Brexit is proving so hard and potentially so damaging. […]
Turning Brexit Into a Celebration of Democracy – Project Syndicate op-ed, 26 DEC 2018
, 14/01/2019
Paradoxically, while the current Brexit impasse is pregnant with risk, the British should welcome it. Their discontent with the choices before them is an opportunity, not a curse, and more democracy is the antidote, not the disease. ATHENS – Discontent without end looms over Britain. Leavers and Remainers are equally despondent. Her Majesty’s Government and […]
At the Edinburgh Festival, in conversation with Jeremy Corbyn on reviving socialism, with Maria Alyokhina (Pussy Riot) on despotism, and with Shami Chakrabarti on liberty
, 08/01/2019
In 2018, the good people behind the Edinburgh Festival kindly invited me to host a series of discussions under the title KILLING DEMOCRACY? My remit was: Further to explore the question of whether the current form of financialised capitalism is devouring democracy, reflecting on my work with the Democracy in Europe Movement (DiEM25). In a series […]
Realistic Utopias versus Dystopic Realities – Oxford University, Taylor Lecture, 12/2/2019
, 22/12/2018
The Faculty of Medieval and Modern Languages, Oxford University, kindly invited me to deliver the 2019 Taylor Lecture on 12th February 2019. In my book was addressed to my daughter regarding the economy I tried to offer her a simple, though not simplistic, account on how capitalism works and how it fails. Critics, correctly, pointed out that the book’s […]
Talking Brexit, Bernie and Left Internationalism with Yanis Varoufakis – VICE
, 22/12/2018
Varoufakis talks to us about what he’s planning with the veteran US politician, why Jeremy Corbyn has been slow to support his campaigning efforts in Europe, and whether it’s possible for the UK to “remain and reform” inside the EU. VICE: Can you start by telling me about your trip over to the US. What […]
On our efforts to unite progressives in Europe and internationally: A Buzzfeed News Long Read
, 22/12/2018
OXFORD, England — A police van smuggled Steve Bannon past protesters in Oxford last month, a stop on a promotional tour for his new project to boost “populist nationalism” across Europe. Bannon’s speech at the Oxford Union, a grand debate hall that has hosted the likes of Albert Einstein and Mother Teresa, made headlines across […]