In this video former finance minister of Greece, professor of economics, author and founder of the Democracy in Europe Movement 2025 (DiEM25), Yanis Varoufakis, argues why the Basic Income is a necessity today. His arguments take into account a macro socio-economic, psychological, philosophical and moral perspective. In addition after the speech Varoufakis addresses a wide range of questions from the public.
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Yanis Varoufakis is a professor of Economic Theory at the University of Athens, former finance minister of Greece and founder of the Democracy in Europe Movement 2025 (DiEM25). Varoufakis is also the author of several books on the European debt crisis, the financial imbalance in the world and game theory.
DiEM25 is a pan-European, cross-border movement of democrats that is focused on addressing the economic and social problems faced by Europe today. It provides an alternative to austerity policies that it argues are dividing the continent and fueling the rise of “international nationalists“.