Politics and Economics

Η ανατομία του Νέου Ψυχρού Πολέμου, η μετεξέλιξη του καπιταλισμού κι η ανάγκη για ένα Νέο Κίνημα Αδεσμεύτων – Ομιλία στην Κούβα

Στην Αβάνα, προσκεκλημένος της Κουβανικής κυβέρνησης, ανέλυσα τη μετάβαση από το νεο-ιμπεριαλιστικό μοντέλο, με το οποίο ο παγκόσμιος καπιταλισμός κέρδισε τον Ψυχρό Πόλεμο (1971-2008), στο σημερινό τεχνοφεουδαρχικό μοντέλο το οποίο πυροδοτεί έναν Νέο Ψυχρό Πόλεμο – κι ο οποίος, με τη σειρά του, καθιστά απολύτως αναγκαίο ένα Νέο Κίνημα Αδεσμεύτων που θα επεξεργαστεί, και θα […]

Should electricity markets be reformed or disbanded? My debate with Michael Liebreich on Cleaning Up

The other day, Michael Liebreich and I had a lively discussion on his CleaningUp podcast provoked by my call “to blow up the electricity markets”. It was fun but, of course, fell short of a comprehensive analysis of the complex issues pertaining to the political economy of electricity generation and distribution. Following our debate, Michael […]

Zombie capitalism is unravelling – THE NEW STATESMAN

This is no sterling crisis. It is a crisis of British capitalism caused by 40 years of underinvestment and deindustrialisation, exacerbated by chronic reliance on speculative bubbles and triggered by Liz Truss’s extravagant kindness to Britain’s wealthy. While all eyes are on the fall of the pound, the real drama revolves around the Bank of England’s […]

Why energy markets should be dismantled, especially during and after the war in Ukraine – On Democracy Now!

We look at how the Ukraine war is contributing to an energy crisis across Europe with Greek politician and economist Yanis Varoufakis. Last week Russia announced it would not resume sending natural gas to Europe via the Nord Stream 1 pipeline, blaming Western sanctions for supposed maintenance delays keeping the gas shut off. Prior to […]

Inflation, socialism’ for corporations & austerity for workers: FORTUNE comments on Yanis Varoufakis’ take

Known for sporting a leather jacket in meetings with foreign dignitaries during his brief stint as Greece’s finance minister in 2015, Yanis Varoufakis has become a bit of a rebel in economic circles. A member of Greece’s Hellenic Parliament and founder of the left-wing European Realistic Disobedience Front, or MeRA25 party, Varoufakis hasn’t historically pulled any […]

Inflation as a Political Power Play Gone Wrong – Project Syndicate op-e

The blame game over surging prices is on. Was it too much central-bank money being pumped out for too long that caused inflation to take off? Was it China, where most physical production had moved before the pandemic locked down the country and disrupted global supply chains? Was it Russia, whose invasion of Ukraine took […]

Should we save capitalism? | Slavoj Žižek, Paul Krugman, Yanis Varoufakis, Shoshana Zuboff, and more – iai video

Leading economists and philosophers discuss in depth the downfall of capitalism and its implications for our social reality. Featuring: Slavoj Žižek, Paul Krugman, Joseph Stiglitz, Shoshana Zuboff, @Yanis Varoufakis, @Mariana Mazzucato , Deirdre McCloskey and Guy Standing. 00:00 | Introduction 00:31 | Paul Krugman 04:07 | Guy Standing 07:01 | Joseph Stiglitz 11:03 | Deirdre […]

Cloudalists: The New Ruling Class & how can we confront its technofeudal order – iai lecture, 10 APR 2022

Capital triumphed over democracy a long time ago. Today, following the Crash of 2008, the deployment of central bank money to refloat Big Finance, and the rise of Big Tech’s platform corporations, a new type of capital has emerged: Cloud capital (a form of command capital living in the ‘Cloud’). Cloud  Capital is crushing the […]