Loading…

Yanis Varoufakis:
Capitalism will eat democracy — unless we speak up

TEDGlobal>Geneva · 19:51 · Filmed Dec 2015
Watch next...
Didier Sornette: How we can predict the next financial crisis
arrow
1,870,081 Total views

Have you wondered why politicians aren't what they used to be, why governments seem unable to solve real problems? Economist Yanis Varoufakis, the former Minister of Finance for Greece, says that it's because you can be in politics today but not be in power — because real power now belongs to those who control the economy. He believes that the mega-rich and corporations are cannibalizing the political sphere, causing financial crisis. In this talk, hear his dream for a world in which capital and labor no longer struggle against each other, "one that is simultaneously libertarian, Marxist and Keynesian."

Economist and professor
Yanis Varoufakis thinks we need a radically new way of thinking about the economy, finance and capitalism. Full bio
This talk was presented at an official TED conference, and was featured by our editors on the home page.

Discuss

280 comments

Enthusiastically agree? Respectfully beg to differ? Have your say here.

2000 characters remaining
Don't have an account? Sign up now — it's fast and free.
Sort comments by
There are currently no comments for this talk.