I had no doubt Donald Trump would win, just like I had no doubt Brexit would happen, so maybe I’m not as shell-shocked as you,” says Yanis Varoufakis. The former Greek finance minister is speaking to me several days after the Republican candidate’s historic victory. He doesn’t sound smug about being so prescient, more resigned, deflated, defeated. The left has been here before. Continue reading
[Originally published here]
The election of Donald Trump symbolises the demise of a remarkable era. It was a time when we saw the curious spectacle of a superpower, the US, growing stronger because of – rather than despite – its burgeoning deficits. It was also remarkable because of the sudden influx of two billion workers – from China and Eastern Europe – into capitalism’s international supply chain. This combination gave global capitalism a historic boost, while at the same time suppressing Western labour’s share of income and prospects. Continue reading
Why is America still important? Below I copy the answer I gave in 2011 in the last chapter of The Global Minotaur: America, Europe and the Future of the World Economy. (For those not familiar with the economic meaning of my Minotaur allegory, read this.) Today, as the Trump Presidency looms, I fear that that conclusion is even more pertinent…
[Excerpt from Chapter 9] Continue reading
How owning our Resentment can save Australian Politics
In this piece, Paul Tyson, honourary Research Fellow at the University of Queensland, outlines his take on the rise of rightwing populist resentment, as a powerful political force, from an Australian perspective.
I had a bet with my American friend Stewart Brand that Trump would win. He wrote to me this morning: “You called it right. And I called it wrong. Groan. Now the weirdness!”
I wrote back to him: Continue reading
Donald Trump’s victory marks the end of an era when a self-confident Establishment preached the end of history, the end of passion and the supremacy of a technocracy working on behalf of the 1%. But the era it ushers in is not new. It is a new variant of the 1930s, featuring deflationary economics, xenophobia and divide-and-rule politics.
By Thomas Seibert and Yanis Varoufakis, members of DiEM25’s Coordinating Collective
As in the case of Brexit, we refuse to respond in a binary manner (remain or leave, Clinton or Trump) to the question facing voters. Continue reading
ATHENS – The right to laziness has traditionally been only for the propertied rich, whereas the poor have had to struggle for decent wages and working conditions, unemployment and disability insurance, universal health care, and other accoutrements of a dignified life. The idea that the poor should be granted an unconditional income sufficient to live on has been anathema not only to the high and mighty, but also to the labor movement, which embraced an ethic revolving around reciprocity, solidarity, and contributing to society. [To read on click here.]
On the panel are Conservative former chancellor Ken Clarke MP, Labour’s shadow education secretary Angela Rayner MP, runner up in the UKIP leadership election Lisa Duffy, DiEM25 initiator and former Greek finance minister Yanis Varoufakis and the previous owner of the Daily Telegraph Conrad Black.
Addressing a DiEM25-Another Europe event held at the LSE on Saturday 8th October 2016
For the complete transcript of the speech…
Leading activists, artists, scholars and political figures take central role in DiEM25
Linguist Noam Chomsky, novelist Elif Shafak, artist/musician Brian Eno, activist Zoe Gardner and fashion designer/environmental activist Vivienne Westwood are amongst those elected by DiEM25’s members to coordinate the movement’s activities. (See full announcement at DiEM25.org). Continue reading