The Global Minotaur: A theory of the Global Crisis
Monetising misery & the future of capitalism – ABC Radio National, BIG IDEAS program
Enormous global corporations and financial institutions are now, some say, more powerful than governments. Rules that once constrained and regulated capitalism have gone. And when their power causes massive destruction, the captains of Big Capital find ways to profit from the destruction. So, is modern capitalism, itself, a threat to capitalism? Or will corporations always be able to monetise misery?
Paul Barclay speaks to Yanis Varoufakis and Antony Loewenstein
Recorded on March 4, 2020 at Adelaide Writers Week
Speakers
Quantitative Easing: Its rationale, impact and the future of the world economy – Audio of speech delivered at ICA 2019
Hosted by Bahrain Financial Market Association, the two-day conference organized in cooperation with the Central Bank of Bahrain themed “Reshaping Finance in a Changing Economy”. The ICA hosted the Greek former Minister of Finance Professor Yanis Varoufakis at a panel discussion moderated by Dr. Jarmo T. Kotilaine the Chief Planning and Monitoring Officer of Tamkeen. Other prominent guests were former French President Nicolas Sarkozy and former British Prime Minister David Cameron.
Must we replace the dollar with a shared international currency unit? On the BBC World Service’s REAL STORY
Mark Carney, Governor of the Bank of England, recently said that we need a new international currency unit to replace the US dollar. In this BBC World Service program, I was asked what I thought of the idea. For more of a background to my answer click here. (For the whole BBC program, click here.)
The IMF functions like the US-European bankers’ bailiffs – Varoufakis and Rogoff on BBC World Service’s World Business Report
The International Monetary Fund’s latest $56 billion loan to Argentina is at risk of failing again. The Argentinian peso has slumped and opposition leader Alberto Fernandez wants to ditch the austerity conditions attached to IMF bailouts that have so far failed to reduce inflation, stabilise the currency or halt recession. The Washington-based multilateral organisation monitors the global economy and fights the world’s financial fires. But as Argentina struggles to keep its economy together, it appears the IMF has tough questions to answer about its effectiveness.