DiEM25 UK

How the EU out-trumped Trump, plus what is killing capitalism: My last week’s Diary in The New Statesman

The week started ominously with a French journalist asking me whether the Greeks have turned cold-hearted, alluding to the apparent apathy to the drowning of hundreds of refugees off the coast of the Peloponnese and to the murky role played in this tragedy by our Coastguard. Yes, I replied without a second thought. A population […]

Europe’s latest illiberal democracy: Greece! – New Statesman

“Like lambs to the slaughter” was how an elderly neighbour described the deaths of youngsters travelling on Intercity 62 which, on the night of 28 February, crashed head-on with a freight train in Greece killing 57 people. Many of the dead were students returning after a long weekend from Athens to their universities in Thessaloniki. […]

On the shameful deal Osborne-Mitsotakis are hammering out over the Parthenon antiquities – UNHERD

From the very beginning, Elgin’s removal of the Parthenon’s statues and friezes caused something of a discursive British civil war. On one side were humanists, like Lord Byron; on the other were Empire apologists, who defend Elgin’s actions and support the British Museum’s inalienable property rights to the artefacts it, eventually, purchased from him. Over […]

Rishi Sunak’s ‘grown-up’ austerity is designed to keep zombie capitalism alive

The demise of Trussonomics was a welcome victory for decency and common sense in a minor battle within a broader class war. Sadly, the class that Liz Truss tried to bolster with copious tax and regulatory gifts will win this war by deploying an even nastier, blunter, dirtier weapon: austerity. Britain’s wealthy owe a debt […]

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 […]

Comradely disagreements between progressives over Ukraine & the New Cold War – Reply to Anthony Barnett

Anthony Burnett, a friend, comrade and collaborator, just published an article in openDemocracy, a splendid and much loved source of progressive ideas and material, to which he alerted me in a mail reading: “Dear Yanis, we disagree but in solidarity!” Since Anthony’s article mentions me, along with Jeremy Corbyn, in its subtitle, here I am, […]

Trickle-down Truss is carrying on the dirty work of Thatcher, Blair and Osborne – THE GUARDIAN

If Kwasi Kwarteng’s mini-budget survives the storm it triggered, a banker on a million-pound annual salary stands to receive £50,000 of income tax relief – on top of the extra bonuses the bank can throw in, now that the Liz Truss government has removed the cap on them. Meanwhile, a Deliveroo rider gets a pep […]

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 […]

Europe’s electricity market: the scam of the century? – Video

Every fortnight, DiEM25’s coordinating team livestreams our internal discussions of topics central to Europe’s and the world’s current predicament. On 8th September 2022 we discussed the electricity price hikes that, like a wrecking ball, are destroying what is left of Europe’s sustainability as an economic and social entity. Here is a clip of my analysis […]