Only a comprehensive reconfiguration of property rights over the increasingly cloud-based instruments of production, distribution, collaboration, and communication can rescue the foundational liberal idea of liberty as self-ownership. Reviving the liberal individual thus requires precisely what liberals detest: a revolution. ATHENS – My father was the epitome of the liberal individual, a splendid irony for […]
History as usual provides a cautionary lesson On August 8, 1974, Richard M. Nixon resigned from the presidency in disgrace with impeachment proceedings underway against him for the Watergate affair in which five men from his presidential election reelection committee were caught trying to break into and undertake illegal wiretapping in Democratic Party headquarters. Liberals […]
The banking system we take for granted is unfixable. The good news is that we no longer need to rely on any private, rent-seeking, socially destabilizing network of banks, at least not the way we have so far. This time the banking crisis is different. It is, in fact, worse than in 2007/8 when we […]
The post Time to Blow Up the Banking System – Project Syndicate, March 2023 appeared first on Yanis Varoufakis.
“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. […]
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 […]
Immediately after taking over Twitter and pronouncing himself Chief Twit, Elon Musk affirmed his commitment to safeguarding the platform as the “public square” where anything and everything is debated. It was a smart tactic, because it successfully diverted the public’s attention from what Musk is really up to. ATHENS – Elon Musk had good reasons […]
The tale of a Vegas gambler, failed politician, and professional Nazi groupie The war in Ukraine has been a bonanza for grifters. From mercenaries and gun runners to OSINT (Open Source Intelligence) and journalists, a bottomless well of western financing combined with a firehose stream of information both true and false has created a perfect […]
Iran’s protesters will neither submit to the fascism hidden behind the regime’s pseudo-anti-imperialism nor surrender their country to the hegemony of the United States or their economy to financialized capital. The Western left should learn from them. ATHENS – Dealing with random, unprovoked abuse is never easy. But dealing with random, unprovoked praise can be […]
Max Amstutz, the former head of the world’s largest cement company, Holcim, is calling on Europe, like many other Western warmongers before him, to arm itself massively against China and Russia in preparation for the inevitable major confrontation. The Group he ran in the past failed in the world’s largest producing and consuming cement market. […]
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 […]
