Capitalism as we know it is over, so what comes next? | My Wildest Prediction with Varoufakis

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Published 2023-12-20
It’s the most wonderful time of the year for retailers. With Christmas around the corner, shopping soars: groceries and drinks for dinners, toys, electronics for gifts, and clothes for events. It seems wild not to believe that capitalism is in perfect health... However, former Greek Minister of Economics Yanis Varoufakis not only believes it's in decline but thinks it's already dead. Who killed it? Well, according to him, Amazon and Alibaba, among others...

www.euronews.com/business/2023/12/20/what-killed-c…

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All Comments (21)
  • @johnacer2511
    Euronews should choose their interviewers more carefully.. he is not qualified to make an interview with Varoufakis..
  • @Alroussk
    Yanis is fascinating to listen to. Especially when he's not being interrupted by someone who needs to know when to listen and not to try and compete
  • When the interviewer made Yanis explain the meaning of "cloud" I knew it was over.
  • @e-junkie
    The interviewer lacks the intellectual depth to discuss ideas and issues with Mr. Varoufakis.
  • @BrettHeth
    Apart from everything else, what a great listener Varoufakis is. He always answers the question, unlike virtually every other person who runs for public office. That capacity to establish an intelligent conversation through close listening and replying is one sign of a genuinely democratic individual.
  • Mate, as a third generation Aussie Greek, I have come to fully admire Yanis Varoufakis. What a smart mate, and he gives me cultural bragging rights. His views on the processes at play with current global economics is laser sharp and provides astounding enlightenment. His particular views on Technofeudalism is out of this world. Leaders of all countries need to study his work before they end up in a cesspool of economic, no return. The Leaders of countries have a responsibility for providing a minimum of a middle class life-style for ALL their citizens.
  • Very good observations from Varoufakis. As a game developer I am very well familiar with these techno feudal lords who are producing nothing but taking 30% of every transaction.
  • @adamh9579
    Yanis "If one person owns their algorithm that controls billions of people, then we have something worse than 1984. We are shifting towards a Brave New World, opening up access to algorithms. In 1984, the problem was surveillance, but in Brave New World, the issue is that we become happy little slaves who love our slavery. This highlights the dangers of a single entity controlling a powerful algorithm with widespread influence, creating a society where people are unaware of their subjugation."
  • Excellent interview, and Yanis Varoufakis proved himself to be far above the interviewer's league. Ironically the YouTube algorithm brought me here, so it's not entirely evil!
  • @TheTobs50
    My one Philosophy professor once said that a good question gives birth to the best answer. Yanis takes this a step further: he turns out excellent answers from even the weaker questions, to put it kindly. In essence he is opening our eyes to develop a much more critical view of the new trading system that is framing the economic landscape of the world. Nonetheless we still need to eat, work, live, develop, etc.
  • @morenotheartist
    Perfect host. He shows how society has bought that fantasy of the world. Yanis Varoufakis shows the reality. Host read book and got upset, unhappy. He was upset at reality.
  • @aob4214
    As Yaris said, this interview was trying to be hyper intelligent and come across as a total idiot. He interrupted him, talked over him. He was dreadful as an interviewer.
  • @saldebus
    Here is the action plan: take responsibility for your own life first...set yourself up so that you are not reliant on the government or large corporations. Next, build a local community of support.
  • @ciprian6356
    The interviewer lost it... The logic, the manners, and ALSO the microphone connection. Of course be wasn't aware of all those things... What a joke! 🤣
  • @pd2447
    Ironically the algorithm sent me here and now I want to read his book. Fantastic interview.
  • @tarkylmaz5398
    As a tech person, Mr. Yaris has very good knowledge about the subject. Amazing.
  • @janicec4758
    Oh, dear! The interviewer is such a reflection of the prevailing culture in the UK today, woefully under-educated and under-prepared. The brilliant Varoufakis, so patient.
  • @mariatod
    "that takes an incredible degree of naivity to be optimistic about the future" Varoifakis -- indeed it is! we are in a very dangerous moment in the world, horror times and risks for the future.