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Economic Update: Varoufakis Critique of Capitalism Today
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Economic Update: Varoufakis Critique of Capitalism Today

6. June 2023

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Yanis Varoufakis, elected member of the Greek parliament, joins the program and offers his original, critical perspectives on (1) the banking crisis, (2) the decline of the US empire and US capitalism, (3) the mass uprisings of the French and Greek working classes in Europe, (4) the collapse of Europe’s efforts to shape an independent (from the US and China) economic position, and (5) class struggle inside China


This video was produced by Democracy At Work and published on their YouTube channel on 11th of May, 2023. We have translated it into German and are republishing it today to help build opinion on this issue in Germany.

To read the transcript of this video: Economic Update: Varoufakis Critique of Capitalism Today


VIDEO: Economic Update: Varoufakis Critique of Capitalism Today


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ABOUT YANIS VAROUFAKIS & DiEM25

Yanis Varoufakis is a Greek politician, professor of economic theory at the University of Athens, former finance minister of Greece and founder of the Democracy in Europe Movement 2025 (DiEM25). He is also the author of several books on the European debt crisis, financial imbalances 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“.


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