I come from Africa and I was thinking every country should have their own platforms and break away from using Google & Facebook. Support you local people and economies
I work in tech and have lived around Europe since the mid 2000's: most countries produce inefficient, poorly functional, barely integrated solutions. The right experts, resources or management are not always around to do make it so. I agree with your statement ideally, but in reality people want "stuff that works". We also need many things that work.
@@Lordradost I also work in tech and you are correct, unless you can survive an US tech economic war like China and Russia have done. It pretty much game over if you cant but try to move away from US "cloud kapital"....That is probably why the EU is extracting some wealth with fines.
Yanis is 100% right, only we’re not moving towards feudalism, we’re already there. I said this in many posts over the years and I’ll say it again. Monarchy is back and has a new name - corporate dictatorship.
feudalism never ended it was hidden by ignorance and a blind appeal to authority and trust in a corrupted system. These discussions are a never ending loop which keeps repeating itself when you actually look back in history and find the same problems as far we can reasonably look back being discussed over and over again. This is the price humanity pays for being willfully ignorant.
@anyariv No he's not, he's correct about much of the more recent historic timeline but draws the wrong conclusions and ignores the structural commonalities involved with Feudalism and Socialism (they are nearly the same) as such he misses out on critical aspects. I'm pretty sure this started at the turn of the 19th century. He completely ignores the Fabian's and their published methodology like they aren't socialists.
@@Ftjxmmged television gets away with more content than youtube, yt literally censors stuff from television itself. This is not to idolize the trash and bilge on television but to show how content controlled yt is now.
His exotic and crisp articulated voice gives an aura of the complete insider, casually but precisely explaining our enslavement as one might describe a mathematical formula. It’s like he just returned from a meeting over tea in the castle with Dracula, to critically explain to the rest of us the looming danger presented by such vampires. He’s so well dressed, especially for the role of vampire slayer in a suit, love it. He needs a titanium James Bond style briefcase with a silenced pistol and silver rounds resting in custom foam lining inside… This guy is my new favorite anti-globalist. His polish is only exceeded by his clear understanding of mankind’s universal challenges. He is amazing to behold, and I am surprised I didn’t notice him earlier. Bravo!
Dude life it's sweet under capitalism in the West even poor people have cable TV and air conditioning and are eating McDonald's cheeseburgers... Whether that's a good decision or not that's up to individual people to decide but at least we have a choice... Also if you work hard but even more importantly SMART... You have a really good chance of improving your life... I can only speak for my experience in America but I have traveled abroad to other Western countries and their standard of living seems pretty similar
Right that's his assignment is to put that thought in our minds! He is not worried, they are all involved, and they believe that nothing's going to happen to him! It's about control..,,you have to understand they are gay....They wanna rule
You know when a person gets lambasted in the British media, they're probably making The Establishment uncomfortable. And so it is with Yanis Varoufakis. His message frightens those in power because he speaks truth to power. The danger is, he is sidelined and silenced. The issue is the tax-dodging corporates got to design the laws that allow them to firewall their revenues from taxation. It's a racket. And this guy is onto them and he needs our help to get the word out! ✊
Capitalism is natural. This is how every person works. If you take away the purpose of work and the opportunity to earn money from a person, you will kill him. That's why socialism didn't work.
Not even Orwell imagined this dystopia. We not only volunteer our personal information for corporate scrutiny via social media - why pay spies when you can get people to self-report? - but we even have to buy the devices that make the monitoring possible. Winston wasn't expected to take his viewscreen with him wherever he went, or to keep up to date with the latest model at his own expense.
Mate, as a third generation Aussie Greek, I have come to fully admire Yanis Varoufakis. What a smart mate, and he gives me cultural bragging rights. His views on the processes at play with current global economics is laser sharp and provides astounding enlightenment. His particular views on Technofeudalism is out of this world. Leaders of all countries need to study his work before they end up in a cesspool of economic, no return. The Leaders of countries have a responsibility for providing a minimum of a middle class life-style for ALL their citizens.
Yaniz is a great listen, regardless of the subject matter. However, he cant manage a football team like he did for my team, Celtic like the great Ange Postacoglu.
Feuds just got rebranded as wars, but there was also a democratisation of politics, of society. Monarchy is a casre system. Capitalism is a class system. There were private landholders for a long time under feudalism, just as under capitalism. But it meant the end of the era when your name and family were basic determinants of your course in life. Membership of the middle and sometimes even the ruling class was now theoretically possible for everyone. The rulling monarchies were hanged or shoved aside and replaced with parliaments which over time were elected by a real cross section of society. The early stages of capitalism after the industrial revolution were dynamic enough and resources plentiful and cheap enough to allow large numbers of people to buy land and houses That's the main thing they regret. Black Rock et al serve to increase the proportion of physical goods so land, (farms, mines, your house) and capital (acquiring companies through shareholdings), that are under their projected monopolistic control. New neofeudal monarchies. Regardless, they serve to increase the pace of the return to some sort of society close to the presently accepted meaning of the word feudalism ie.where everyone is a renter. You'll own nothing and be happy. I don't know, but I reckon housing must be the class of asset with the highest value in the world at present. And they want it. Oops, got carried away it was just 6 words to begin with 😂
Well, I agree with Yanis on most points about how the future will develop but one. It won't be even be American dominance over European, because most of America will be subject to its technology-overlords, same as Europe. It will be Californian dominance. Almost, and I do stress almost, all noteworthy innovation in America happens in California or is invested in through companies having their origin there. Europe is enslaved, but so is America mostly. The american automotive industry is as old fashioned and out of date as the European one, bar ofc 1 example, Tesla. From California.
But Europeans like tradition and heritage - too stuck and comfortable in the ways of the past. Now, they say the bad Californians are feudal Lords. Yanis - your messages are carried on RUclips. Your books are sold on Amazon. Other than taxing the big bad wolves - what are your suggestions for innovations?
@@TheDrAstrov hedge fund companies and tech company are not only pursuing capital through profit, they are pursuing capital via rent. That is why Jeff Bozo the clown brags on U tube postings a like an enlightened guru about having a leisure time and sleeping well every night.
PUTIN IS THE BEST LEADER EVER !When Obama in 2014 made a regime change to change the leader of Ukraine Y anovich a good friend of Russia the HELL of US came to earth they wanted to change the regime with an enemy of peace and Victoria Nuland was the mentor They also signed one Mink accord to do not make NATO coming near russian border!
Brilliant interview. While most of us here perhaps don't operate at the level of Yanis i think we're all acutely aware that extraordinary sums of money have been shovelled into the hands of the most powerful corporations on this earth.
The billionaires from the digital-financial complex in the U.S. will not in the least roll back the momentum for a monetary system they control. One need only read the goals of Mr. Schwab's GreatReset. He coordinates the strategy not only of the tech industry, but of all global corporations. He is their coach against the legitimate and democratic interests of the population. One world, one government(preferably AI) and one monetary system controlled by them.
Yanis is excellent in his summery of Capitalism and the Cloud and the Dollar his whole examples of feudalism make so much sense that I feel it actually smacks me in the face and why an ordinary layman like myself has taken me so long to see the light!!! I must purchase his book and read on ! What a revelation!!! I’m born again!!! ❤
@1dogMrTheno I'd temper that enthusiasm, and ground yourself out with other related solid material before re-evaluating this opinion. While he is correct in a number of ways, he's also equally incorrect about a number of the causes and attributions. I'd suggest the Mises collection of essays on socialism, with some light reading about the Fabians if you want a real understanding. What the former wrote in the 50s starts with first principles of property and covers every structural flaw in detail. It is as far as I'm aware still unrefuted today as an open problem (economic calculation problem); and he focuses on rational observable elements and structures given the inherent nature of deceit and corruption so commonly associated with writers, groups, and organizations promoting this genre as viable.
Such a great conversation - love listening to Yanis - very informed and learned person - Love the way he simplifies complex topics for easy digestion. Thanks Aaron for a great conversation 👍
How would taxation help? It would just be charged to the consumer and Bezos would still get his 40%, the people would be out even more money and the collected taxes would wind up in bureaucrats' pockets.
@@RoySATX I hate to be the wet carpet, but Bezos has less than 10% shares in Amazon. Yes, he is the founder of Amazon. We have such a elementary understanding of the world of biz and economy, to the point we're oblivious to the fact that majority of Amazon shares are owned by institutional investors: think Municipal and Pension funds and sovereign wealth funds. Our critical thinking is at an all time low, because we seem to struggle with anything remotely abstract. It's easy to pick on Bezos because we can visual him in human form just like the refugees, ethnic minorities and immigrants. Which is why it's so easy for demagogue and populist politicians to garner support, because the scapegoat is very easy to visualise.
Capitalism is natural. This is how every person works. If you take away the purpose of work and the opportunity to earn money from a person, you will kill him. That's why socialism didn't work. Why did Europe lose? Because it is socialist.
Except he’s wrong. The digital space owned by any of these companies is a not fiefdom, a fiefdom is a place you weren’t free to leave. An online app is just a fuggin app, anyone can start an app service, you choose what you want, and if none of them hold any value to you then you can stay away from them. Companies that pay a fee to use their advertising do so because they expect to benefit from the exposure. These takes are epically bad.
@@Cotswolds1913 . The problem comes when individual companies are absorbed into vast monolithic, faceless monopolies. While you may think you have choice, if ALL the choices are owned by the same tiny number of global corporations...you really have no choice at all. When all assets are in the hands of so few, the barriers for real competition are so high, they become insurmountable. It's reason why boycotts no longer have the same effect they had in the past. If you are dissatisfied with a product or service, boycott, and buy from a different vendor. If the product or service is owned by the same entity, the boycott is meaningless. Modern corporate business models asset strip communities, and countries. Then through 'creative' accounting and tax loopholes i.e. fraud, they avoid paying taxes in the places where the money is made, thus wrecking the economies, before moving on. Rinse and repeat.
Technofeudalism is like a modern twist on an old idea. It's a way to describe how some big companies and tech giants are gaining so much power in today's digital age. Think of them as the new lords and ladies of the business world. Thank you to helping us to understand this concept so we can make informed choices and ensure that the kingdom's benefits are shared more equally.
How are we going to fight back this Technofeudalism? I don't see any answer. More and more shops have closed and now there are things that I can only buy online, not in shops anymore. Even if I choose not to buy things from Amazon, most people would. I wish I don't need to use Facebook or Instagram too, but when everyone does, it is hard to quit.
But lords and ladies rule by dictate. While RUclips for example runs on advertisers.. kinda different don't you think? Advertising is a form of begging. "Please please master consumer, please buy our humble product" I very much doubt feudal kings and queens would beg like that. And just like that, the whole idea is swept from the table. New big tech is powerful though.. but in super super specific fields. For example in suppressing certain ideas.. that's where big data truly is almost all powerful. And that specific issue is frightening indeed.
As a young man viewing the world for what it really is; I applaud conversations like these. The issues that all working class people face must be addressed by the working class. The plutocrats are numb to our demands and we must figure out how to end this madness/crisis.
I agree with you, and I think we need to grasp with the reality that whatever solution we come to, it will need to be a radical shift from the liberal democratic capitalist status quo
When we europeans fought the Holy Wars, the Crusades, we imposed feudalism on those we conquered. Nothing has really changed. We really need to take a look at our culture : Why this arrogance and greed.
Agree or disagree with Yanis I think he really interviews well. Yes he has a book to promote but hes one of the heavyweight "thinkers" at the moment so worth a listen
Many if not all of the people Aaron and Ash interview have a book just out. A book NM think important to promote. As most certainly has to be a new book from Yanis.
we could all luxuriate writing heady books on various topics if we too were the finance minister during the great greek ripp off that greece is still paying off today. I am not saying I dont agree with his current ideas, but cmon, this grik is no saint.
@@silvafox7719 he was the FINANCE MINISTER....DURING the Greek financial crisis. The elite greeks were stuffing their pockets with the nations European loans...and Ive seen Yanises exquisite kitchen as he filmed himself in his swanky residence. The little grik boy is not short of a dollar.
Perfectly explained.Using a digital casino capitalism model,where the owners of the casino chips,i.e.currencies of the world, were able to take possession of all material and human assets and are now in a position of total control.
One of the best interviews I've watched recently, and very well conducted by the interviewer. This is the first time that I see this channel and I love it! Thanks for that!
i don’t think the interviewer did The best job, he went with cronological questions, he didn’t examine in depth each topic. (or it would’ve been a 6 hours long video, which i would’ve loved!) still, a great interview. greetings from a fckd italian
Even if someone doesn't agree with everything Varoufakis says, it's worth listening to him. He's an original thinker and analyst of the World we are living in.
@@magg93 bear in mind that you see pure facts through opinion, you interpret them as some part of your personal narrative, this is necessary and unavoidable. The hard part is facing when those facts conflict with your opinion and you have an emotional reaction to disregard them. If you think your emotions are irrelevant you'll ignore that reaction and that conflict without realizing it. What you must do is understand your emotions, not ignore them, and that's a long and important road to take.
Yanis is great. Even though he's doing lots of interviews rethreading the same ground while selling his book, you seem to learn something new in each interview. He is a mine of knowledge and astute analysis.
Eye opening episode! I have cultivated a good intention of supporting any podcast that grants me some sort of epiphany, creating a paradigm shift in the way I see the world. This episode was filled to the brim with nutritious information about capitalism and history. So I’d like to thank you with the little capital I have ✌🏻
I agree; the ratio of guest to interviewer talk was optimal. Many other interviewers should take a lesson from this - they won't of course, self-agrandisement will win out.
I learn a lot from this man and I think he is the only sane man in this muddle of tech overtake of this world. Keep telling the truth with knowledge and insight as ever Prof. Yanis.
the way few tech companies control the entire global conversation and the way they mislead people as well as the tragedy of thinking these companies improved human interaction which is false because the only thing they magnified is the lies and prejudice that powerful groups have over the rest of the world.@@mrsmarple2655
Wow! Hard to digest the reality of what Prof Yanis is saying. So prescient and potentially chilling. Thatcher promoted the individual over society for the pursuit of greed, which she could use for power. Financialisation was a tool to grow the planned inequality of neoliberalism on steroids and shift power from workers. Now we are potentially pawns for the tech platforms, which will learn from our habits and preferences and use them to shape our behaviour. Meanwhile the planet is being destroyed and never have we had such a need for cooperation. All feasible and we need to be aware of the tech dimension which Yanis warns us of. Having been an admirer of his work for some years, I find this a phenomenal insight.
I am not. He is from Greece and is talking down on socialism. Scandinavian democratic socialism are at the end of the Day the winners. You Will find all of the Scandinavian countries having the highest standards of living and being the most democratic countries on the planet... where is Greece? .. Right.. nr 35 on both indexes. That must be what he means by socialism, right 😅 you just need the best of capitalism and socialism and then leaving out the bad parts. , and the closest to that sucsess are the Scandinavian countries + Iceland. ;)
Yanis highlights the current state of the Corporate domination of the world, mainly American hegemony, with amusing asides regarding some of the most self deluded and self important "elites" including Ursula von de Leyen and Tony Blair. A superb podcast!
Californian hegenomy. Most of the American companies do not meaningfully harness the digital transformation either. It's just... that there are a handful of american companies that do. That is all that matters in the end.
@Lionsofwar369 our (humanities) nature may be simple, but the societal constructs we build are not. Yannies makes understanding the interplay between these constructs easy to understand. You stating that humanities nature is simple makes no sense given the context of my comment, I was not speaking out human nature.
That was the most interesting RUclips video I've watched in ages. Excellent. I could listen to Yanis all day. His Cloud Capitalism makes the world look very different, but also makes perfect sense. As he says, how can Europe compete with 2 powerful holders of Cloud Capitalism when it doesn't have any? The EU chose protectionism, almost always because of France. By doing so, it completely missed the 1st tech wave, e-commerce, software. Now, it's in the process of missing the 2nd, A.I., Automation. Where are the EU equivalents of Apple, Samsung, Huawei, Amazon, Tencent? Not a squeak. Great job, lads. I'm off to buy Technofeudalism. It sounds amazing.
Protectionism defeated Europe? Don’t you wish Europe built a great firewall like China? Europe actually allowed Americans to reach into Europe’s market and operate free of regulations and taxes. European customers enriched and built cloud capital for Americans companies, and Europeans got nothing in return.
I mean, all those companies are awful and have in some capacity subornws the US government to serve their fiscal interests at the expense of basic human rights and the environment. Europe doesn't need a Google or an Amazon. Europe seems to have done just fine for itself without those horrible companies run by piece of shit sociopaths. What good is having all these tech companies when your average citizen cannot afford a yearly doctor visit?
I have big respect for Yanis Varoufakis. He can speak in a way people understand, but he always leave a door open for discussion. I´ve learn much from for the last 20 years. Keep up.
Yanis is one of the greatest analysts of the messed up World we have created, and his ability to communicate his findings are unmatched. I shall be buying his book from my local bookshop - NOT Amazon!
@@ohoraherecaptain Didn't he say we could, we should form our own independent versions of über (focus on trasport, and not feed data to the centralized overlord)
Excellent interview, I think one of Novaras best. An economist whose analysis everyone can understand. I remember seeing him riding around Athens on his scooter !
I like the way Yanis has expounded on & explained in lay man's term the macro economics with regard to the modern way of how feudalism controls more than half of world's economy at present! Being a former Finance Minister of Greece ,he knows his stuff. You may or may not agree with his socialist economic model but he's spot on as to the underlying root cause of wide disparity between rich & poor countries or nation ! More success to your personal & professional endeavors Yanis and likewise to this channel for this video/ podcast . Thank you !
The main reason Europe doesn't have its own Google/Facebook/Apple, is because they don't work with each other, period. I've worked in one of the big techs with many European colleagues (English, French, Germans, Swiss, Italians, you name it we have them). I'm always amazed by the amount of back stabbing and hatred toward each other, and their lack of teamwork, cooperations and entrepreneurships. Where is your silicon valley? Can you even agree on one location? How are you going to recruit foreign tech workers while denying them citizenships?
@@leoninocat5070what's funny is everyone wants to come to n. America to have a chance they don't get at home. Greedy corruption is worse in other countries, but other countries don't have freedom of speech so the people don't hear about the corruption they just get fed narratives like hate the west. It's hypocritical.
Love or hate him, at this point everyone knows how smart Varoufakis is. Still, every time I come across a new speech or interview or book I'm amazed all over again. The man remains second to none as a political and economic analyst.
Are you referring to his "wisdom" about "viruses" or something else? As all he is saying is stirred hogwash - like ANYTHING ELSE from an "economist" or scientism acolyte - based on all the hogwash that has been written before. You have been blinded by his rhetoric and "sense-making" using false analogies based on his own BLINDNESS!
this was absolutely mind blowing interview. It makes a great deal of sense thinking about what is said and how much it correlates to the reality of our present world we live in.
I remember all the flack he got when he was the minister of economics here in Greece while SYRIZA was governing... which is no surprise, if you consider that 41% of the country voted for a right-wing party in the last elections. I still think he's one of the most up-to-snuff ministers the country had seen in a lot of years.
they tell you nothing about what for real happend over the centuries and why those wars in europe were made all against the industrial states: they want to settle again their slaves into otherones country - i hear only hispanoliacs scram which came as inmates from mental hospital. i do not know all, but enough to see a grey rat
@@BigDaddyCane777wait s second, so Yanis Is a god? The entire trajectory of a nation rests on the shoulders of one man: Yanis Varoufakis? You’re not too bright, huh? Definitely not the brightest fish in the pond 😂
This is the most impactful interview I have seen in years. Mr Varoufakis summarizes with immense clarity where we stand. I hope this reaches everyone in the world that can act on it and fight back against this distopia that is materializing before our eyes.
TX a lot to Aaron and Janis - how right you both are. Some self-contained persons never in their lives took invitations from this profit-oriented insane greed to use their programs.
Thanks for this enlightening discussion. Quite scary really. Many years ago, I was invited at Yanis's discussion broadcast on ABC TV in Australia, where he used to lecture at university in a previous life, and his ideas have always impressed me. I am glad he reminds us of the "true" meaning of capitalism: a system of private ownership of the essential means of production - nothing to do with a market economy, which we have been lead to confuse.
Mr Yanis every time I hear you, you surprise me in a good way. I find you interesting in a way that I can't get enough of you. There's so much you can offer to the world. For sure the world needs you. I wish you all the best in all aspects of life. May God bless and protect you and your loved ones.
Stay-at-home mum, watching this at 10.23pm with a bowl of Special K (with berries). This stuff is gripping! Already put Yanis's book on the wish-list. Ty Novara for all that you do! 💛
Mind you, if you read the book 'Treasure Islands' by Nicholas Shaxtson (about offshore banking and tax havens), he says that London's finance/banking is the centre of the spider's web. Workers in the UK are suffering terribly, but the wealthy elites are extremely wealthy and control more than we think.
I just watched his podcast interview earlier on Channel 4, and I have to say Yanis is brilliant and whenever I hear him speak I listen 👂🏾 very intently. He’s a very very engaging and great at explaining things also helps he’s a Corbynite 😆😁 !
He is not brilliant, he confuses and try to impress people by taking pieces here and there and making it a big soup ... Theoretically he is inconsistent for example saying we are at the same time in Capitalism AND in Feudalism (Quantum sociology ??? .... :-) ... ) ... Or borrowing in a not very clean way from Keynes on the topic Marx totally missed : money. Varouf bouffe à tous les rateliers théoriques ....
this was easily one of the most informative + inspiring things I've ever seen, I've just finished watching it for the 2nd time, and I'm really excited to now get the book, Yanis' references to the late 1700s are a terribly relevant example from recent-ish history, so powerful to think we may be on the brink of undoing the current cloud-shackles - I'm really grateful to be able to have access to the thoughts of incredible thinkers around history/economics/revolutionary ideas like this, it's really exciting to think we're potentially only one small revolution away from a far more equitable social situation, given how "globalised" the world asserts to being... it really sounds possible that enough people can agree around the world.. that we don't want to be cloud serfs, maybe more that we want to have a share of the profits being sourced from technological growth. no longer should the risks be socialised with profits privatised, the more people that learn this key human right the better I think. thank you yanis, pls i rly hope that people see the sense in this information..
☠BLACK BARON☠ American Software Engineering is buggy and Tech you buy is buggy with and without China and I do not trust American Super Hyper Capitalism. It's the end of morals, ethics and culture and engineering. AI is for the big tech folks and capital holders to save money until they can replace all workers by using robots. That's AI.
Excellent! I am a Native New Yorker, born, lived in Brooklyn, Queens...in the 80s entering the work force , there were many job interviews which I went on in the middle to end 80s, where the position I was "hired for...had a "Freeze" on the position after said interview! This happened in many corporate lower level positions, more and more. Along with that, it was the start of MANY data entry, customer service, accounting assistant position, to name a few, which "went abroad", sadly. I appreciate this world history overview, which to me, sheds light on my particular experience. Blessings :) Thank you.
Absolutely fantastic ,,,,,,,,just loved the way it was presented and explained. I agree 100 % with Yanis on his thinking, predictions and probable outcomes. Just pure GOLD
@@bocelott Nope. His resemblance to famous actors has absolutely nothing to do with the fact that they are bald, which to me seems rather like a concidence.
What he said about the dollar being built on the backs of American working people is spot-on. Especially the industrial Midwestern heartland where I live.
I knew we were headed into this dystopia we now have, when grocery stores began demanding your phone number to buy food. now we all work for free at self check outs and prices are oppressively high.
@@kennixox262 In Turkey for example, the discounts in supermarkets are tied to loyalty cards which are also tied to your phone number. So they indirectly ask for it and then use that info for pushing campaigns and all different stuff.
@a.f.7246 you do not understand. having a smartphone is not mandatory either. but try living in society or without one. can be done but not really. oops the matrix has had us all along.
I come from Africa and I was thinking every country should have their own platforms and break away from using Google & Facebook. Support you local people and economies
Facts African here I was just wondering that since our economies are not extremely tech based we stil have time to reverse this
I work in tech and have lived around Europe since the mid 2000's:
most countries produce inefficient, poorly functional, barely integrated solutions. The right experts, resources or management are not always around to do make it so.
I agree with your statement ideally, but in reality people want "stuff that works". We also need many things that work.
It's too late. You know it's unrealistic to think that any startup has a chance.
@@Lordradost I also work in tech and you are correct, unless you can survive an US tech economic war like China and Russia have done. It pretty much game over if you cant but try to move away from US "cloud kapital"....That is probably why the EU is extracting some wealth with fines.
@@invalidsin5665 startups have a have a small chance to succeed but if they do they will be instantly bought or destroyed by big corp.
Yanis is 100% right, only we’re not moving towards feudalism, we’re already there. I said this in many posts over the years and I’ll say it again. Monarchy is back and has a new name - corporate dictatorship.
feudalism never ended it was hidden by ignorance and a blind appeal to authority and trust in a corrupted system. These discussions are a never ending loop which keeps repeating itself when you actually look back in history and find the same problems as far we can reasonably look back being discussed over and over again. This is the price humanity pays for being willfully ignorant.
We live in very difficult times where the future is looking bleak
Their time will come soon enough when they will have to pack and get lost.
@anyariv No he's not, he's correct about much of the more recent historic timeline but draws the wrong conclusions and ignores the structural commonalities involved with Feudalism and Socialism (they are nearly the same) as such he misses out on critical aspects. I'm pretty sure this started at the turn of the 19th century. He completely ignores the Fabian's and their published methodology like they aren't socialists.
Technocracy......stupid people make stupid sums of money and stupid amount of power and then we get stupid destructive consequences.
I hope the irony that we all watching this on RUclips is not lost on us.
there is no irony in it
youtube letting you watch this is the most effective way of making you believe they are a free platform in the first place
We can also read about it on our Kindle...
RUclips is the equivalent to television now, more or less
@@FtjxmmgedNo, Television has become tool for government propaganda. Never telling you the truth ever.
@@Ftjxmmged television gets away with more content than youtube, yt literally censors stuff from television itself. This is not to idolize the trash and bilge on television but to show how content controlled yt is now.
His exotic and crisp articulated voice gives an aura of the complete insider, casually but precisely explaining our enslavement as one might describe a mathematical formula.
It’s like he just returned from a meeting over tea in the castle with Dracula, to critically explain to the rest of us the looming danger presented by such vampires.
He’s so well dressed, especially for the role of vampire slayer in a suit, love it. He needs a titanium James Bond style briefcase with a silenced pistol and silver rounds resting in custom foam lining inside…
This guy is my new favorite anti-globalist. His polish is only exceeded by his clear understanding of mankind’s universal challenges. He is amazing to behold, and I am surprised I didn’t notice him earlier. Bravo!
Dude life it's sweet under capitalism in the West even poor people have cable TV and air conditioning and are eating McDonald's cheeseburgers... Whether that's a good decision or not that's up to individual people to decide but at least we have a choice... Also if you work hard but even more importantly SMART... You have a really good chance of improving your life... I can only speak for my experience in America but I have traveled abroad to other Western countries and their standard of living seems pretty similar
Best comment I have read in youtube in the past 5 years
@@nigerian42069They didn’t catch that!😂🤣
Greeks are wonderful 👍
Right that's his assignment is to put that thought in our minds! He is not worried, they are all involved, and they believe that nothing's going to happen to him! It's about control..,,you have to understand they are gay....They wanna rule
You know when a person gets lambasted in the British media, they're probably making The Establishment uncomfortable. And so it is with Yanis Varoufakis. His message frightens those in power because he speaks truth to power. The danger is, he is sidelined and silenced. The issue is the tax-dodging corporates got to design the laws that allow them to firewall their revenues from taxation. It's a racket. And this guy is onto them and he needs our help to get the word out!
✊
just as we find a niche to tax the big co,s they will raise the cloud rents to compensate.
Couldn’t agree more! The danger collapses when there are people, like you, Yanis and many more, are there to alert us.
Yes the UK is owned by the multi corporate oligarchy and the military industrial complex
Capitalism is natural. This is how every person works. If you take away the purpose of work and the opportunity to earn money from a person, you will kill him. That's why socialism didn't work.
@@macblah-wn3hisame in the USA!
Absolutely one of the most lucid analyses of the current state of the world that I've heard in a long time
While you're logged into Google
@@hmq9052🎯
@@hmq9052 Exactly
@@JohnJohnson-mq5ve
Gangsta capitalism 😎
Replace lucid with ludicrous and you’re 🎯
Not even Orwell imagined this dystopia. We not only volunteer our personal information for corporate scrutiny via social media - why pay spies when you can get people to self-report? - but we even have to buy the devices that make the monitoring possible. Winston wasn't expected to take his viewscreen with him wherever he went, or to keep up to date with the latest model at his own expense.
Excellent points all!
Nor did Winston get a brain tumour for keeping it to his head, his do-it-all screen.... (smiley)
So don't buy the device.
@@nbme-answers Also an excellent point for remembering.
Please use his original name. Not Orwell.
He was part of it. So he could visualise what it by approach would become.
But you are right btw.
Mate, as a third generation Aussie Greek, I have come to fully admire Yanis Varoufakis. What a smart mate, and he gives me cultural bragging rights. His views on the processes at play with current global economics is laser sharp and provides astounding enlightenment. His particular views on Technofeudalism is out of this world. Leaders of all countries need to study his work before they end up in a cesspool of economic, no return. The Leaders of countries have a responsibility for providing a minimum of a middle class life-style for ALL their citizens.
Yaniz is a great listen, regardless of the subject matter. However, he cant manage a football team like he did for my team, Celtic like the great Ange Postacoglu.
@@den264 LMFAO! So true.
Our governments are all in on our impending serfdom.. WAKE UP!!!
he one of them
WTF is “cultural bragging rights”????
Feudalism never ended... the repackaging is relentless.
touche. well said.
Same as neocolonialism
Actually the Pharaoh still rule.
and yet, governments are larger than ever with even more regulations than one can imagine
Feuds just got rebranded as wars, but there was also a democratisation of politics, of society.
Monarchy is a casre system. Capitalism is a class system.
There were private landholders for a long time under feudalism, just as under capitalism.
But it meant the end of the era when your name and family were basic determinants of your course in life. Membership of the middle and sometimes even the ruling class was now theoretically possible for everyone.
The rulling monarchies were hanged or shoved aside and replaced with parliaments which over time were elected by a real cross section of society.
The early stages of capitalism after the industrial revolution were dynamic enough and resources plentiful and cheap enough to allow large numbers of people to buy land and houses
That's the main thing they regret.
Black Rock et al serve to increase the proportion of physical goods so land, (farms, mines, your house) and capital (acquiring companies through shareholdings), that are under their projected monopolistic control. New neofeudal monarchies.
Regardless, they serve to increase the pace of the return to some sort of society close to the presently accepted meaning of the word feudalism ie.where everyone is a renter. You'll own nothing and be happy.
I don't know, but I reckon housing must be the class of asset with the highest value in the world at present. And they want it.
Oops, got carried away it was just 6 words to begin with 😂
Europe destroyed its own tech industry... Yanis is spot on, we should be worried about big tech, and especially monopolies.
@magicbuns4868 the problem is actually much deeper than that; the arbitrary interference is just a symptom.
If only Europe were independent! No chances for us to have our own big tech, anything that gets created will always be complementary
Blackrock/Vanguard owns 83% of all business in America already. It's too late to worry people need to do something.
Well, I agree with Yanis on most points about how the future will develop but one. It won't be even be American dominance over European, because most of America will be subject to its technology-overlords, same as Europe. It will be Californian dominance. Almost, and I do stress almost, all noteworthy innovation in America happens in California or is invested in through companies having their origin there.
Europe is enslaved, but so is America mostly. The american automotive industry is as old fashioned and out of date as the European one, bar ofc 1 example, Tesla. From California.
But Europeans like tradition and heritage - too stuck and comfortable in the ways of the past. Now, they say the bad Californians are feudal Lords. Yanis - your messages are carried on RUclips. Your books are sold on Amazon. Other than taxing the big bad wolves - what are your suggestions for innovations?
We will never have justice in a world where criminals make all the rules
There is no crime that large capital would not commit for the sake of profit 100% Read Marx
@@TheDrAstrov hedge fund companies and tech company are not only pursuing capital through profit, they are pursuing capital via rent. That is why Jeff Bozo the clown brags on U tube postings a like an enlightened guru about having a leisure time and sleeping well every night.
@@nancy3158 The last theses are absurd. - Don't sleep, work
@@TheDrAstrov Yeah just look at the c. vax for example!
Like how the communist are ruling china, islamist running iran & monarchs dictating saudi arabia
Absolutely mind blowing concept! Thank you for bringing guest of this caliber to enlighten your audiences!
PUTIN IS THE BEST LEADER EVER !When Obama in 2014 made a regime change to change the leader of Ukraine Y anovich a good friend of Russia the HELL of US came to earth they wanted to change the regime with an enemy of peace and Victoria Nuland was the mentor They also signed one Mink accord to do not make NATO coming near russian border!
I soaked every minute of this awesome conversation. Yanis is unmatched smart and brave man.
he is incredible
He’s a mouthpiece for the laziest country in Europe..
Soaked it in what?
@@malvolio01 you know full well what 🤭
but yeah,
Yanis is a captivating and motivating speaker
@@FoxSt3v3 He is a servant and Fake person. He had the chance to drive Grecia out of the EU but once he got the vote and the possibility he did not..
One of the main things I take away from this, is they want to make our whole lives a rent/subscription service!
Brilliant interview. While most of us here perhaps don't operate at the level of Yanis i think we're all acutely aware that extraordinary sums of money have been shovelled into the hands of the most powerful corporations on this earth.
And duopoly gives the impression of choice..sports teams?..take your choice...
Corruption is whats holding countries like Greece back. It ain't the boogeyman Mr Greece..
And those Imperalists pay no taxes. Their days are numbered.
Particularly since Covid.
The billionaires from the digital-financial complex in the U.S. will not in the least roll back the momentum for a monetary system they control. One need only read the goals of Mr. Schwab's GreatReset. He coordinates the strategy not only of the tech industry, but of all global corporations. He is their coach against the legitimate and democratic interests of the population. One world, one government(preferably AI) and one monetary system controlled by them.
I haven’t bought from Amazon for over 5 years and we should all do the same.
I agree. Vote with our debit cards, buy nothing from them.
Instead quit your job and stop helping corporate .
I never.
I never gave them a cent
Once I realized it was a platform, I rarely buy from it!
Yanis is excellent in his summery of Capitalism and the Cloud and the Dollar his whole examples of feudalism make so much sense that I feel it actually smacks me in the face and why an ordinary layman like myself has taken me so long to see the light!!!
I must purchase his book and read on !
What a revelation!!!
I’m born again!!! ❤
Yes! Yannis is the new Messiah! We must all by his book and we will be blessed! You poor thing!
You're both still logged into Google though. So you've got some way to go before you get it.
@@hmq9052 Before we reach your elevated level of awareness? Silly person!
@1dogMrTheno I'd temper that enthusiasm, and ground yourself out with other related solid material before re-evaluating this opinion. While he is correct in a number of ways, he's also equally incorrect about a number of the causes and attributions. I'd suggest the Mises collection of essays on socialism, with some light reading about the Fabians if you want a real understanding. What the former wrote in the 50s starts with first principles of property and covers every structural flaw in detail. It is as far as I'm aware still unrefuted today as an open problem (economic calculation problem); and he focuses on rational observable elements and structures given the inherent nature of deceit and corruption so commonly associated with writers, groups, and organizations promoting this genre as viable.
@@thethan3 You agree?
So do I!
No need for tempering my enthusiasm.
Utterly brilliant, terrifying, and inspiring. Thank you, yet again, Yanis for your incredible insight.
Such a great conversation - love listening to Yanis - very informed and learned person - Love the way he simplifies complex topics for easy digestion. Thanks Aaron for a great conversation 👍
Did I just read 'easy digestion'? See my earlier comment.
A very sober and clear view of the timeline and context of our ultimate pending serfdom. 😊
Pending? Methinks the 'eagles' have already landed.
Excellent interview. I'm really impressed with Aaron's knowledge and ability to ask probing questions of Yanis.
Something is wrong when a company or a person make money in a country but doesn't need to pay tax to that country - like what Aaron explained.
It’s an accounting scam, and all countries do it. Look at all the businesses based in low tax EU countries, where they don’t make the money
How would taxation help? It would just be charged to the consumer and Bezos would still get his 40%, the people would be out even more money and the collected taxes would wind up in bureaucrats' pockets.
@@RoySATX I hate to be the wet carpet, but Bezos has less than 10% shares in Amazon. Yes, he is the founder of Amazon. We have such a elementary understanding of the world of biz and economy, to the point we're oblivious to the fact that majority of Amazon shares are owned by institutional investors: think Municipal and Pension funds and sovereign wealth funds. Our critical thinking is at an all time low, because we seem to struggle with anything remotely abstract. It's easy to pick on Bezos because we can visual him in human form just like the refugees, ethnic minorities and immigrants. Which is why it's so easy for demagogue and populist politicians to garner support, because the scapegoat is very easy to visualise.
Not only that, but Amazon replaced the native companies that were paying taxes
@@MayorSomit doesn't matter how the profits are divied up, tax is not being paid on them
Yannis is explaining the machine brilliantly. Bravely. This is a story no one wants to hear either at academic or pedestrian level.
Capitalism is natural. This is how every person works. If you take away the purpose of work and the opportunity to earn money from a person, you will kill him. That's why socialism didn't work. Why did Europe lose? Because it is socialist.
Didn't mention disruptive teck, or decentralisation. 🤐
Except he’s wrong. The digital space owned by any of these companies is a not fiefdom, a fiefdom is a place you weren’t free to leave. An online app is just a fuggin app, anyone can start an app service, you choose what you want, and if none of them hold any value to you then you can stay away from them. Companies that pay a fee to use their advertising do so because they expect to benefit from the exposure. These takes are epically bad.
@@Cotswolds1913 . The problem comes when individual companies are absorbed into vast monolithic, faceless monopolies. While you may think you have choice, if ALL the choices are owned by the same tiny number of global corporations...you really have no choice at all. When all assets are in the hands of so few, the barriers for real competition are so high, they become insurmountable.
It's reason why boycotts no longer have the same effect they had in the past. If you are dissatisfied with a product or service, boycott, and buy from a different vendor. If the product or service is owned by the same entity, the boycott is meaningless.
Modern corporate business models asset strip communities, and countries. Then through 'creative' accounting and tax loopholes i.e. fraud, they avoid paying taxes in the places where the money is made, thus wrecking the economies, before moving on. Rinse and repeat.
I am wondering if this blog will be hidden from us slaves all over the world by youtube.
I like Mr Yanis for his great analysis and information with common sense and comprehensive history 👍
Technofeudalism is like a modern twist on an old idea. It's a way to describe how some big companies and tech giants are gaining so much power in today's digital age. Think of them as the new lords and ladies of the business world.
Thank you to helping us to understand this concept so we can make informed choices and ensure that the kingdom's benefits are shared more equally.
Sure and the slaves as people paying taxes to their king..... their countries gov and advisers the politicians hahaha!!!:)...etc
How are we going to fight back this Technofeudalism? I don't see any answer. More and more shops have closed and now there are things that I can only buy online, not in shops anymore. Even if I choose not to buy things from Amazon, most people would. I wish I don't need to use Facebook or Instagram too, but when everyone does, it is hard to quit.
Hahahaha!!! Such a simple concept
Modern twist on marxism.
But lords and ladies rule by dictate. While RUclips for example runs on advertisers.. kinda different don't you think?
Advertising is a form of begging. "Please please master consumer, please buy our humble product" I very much doubt feudal kings and queens would beg like that. And just like that, the whole idea is swept from the table.
New big tech is powerful though.. but in super super specific fields. For example in suppressing certain ideas.. that's where big data truly is almost all powerful. And that specific issue is frightening indeed.
As a young man viewing the world for what it really is; I applaud conversations like these. The issues that all working class people face must be addressed by the working class. The plutocrats are numb to our demands and we must figure out how to end this madness/crisis.
The modern left hate the working class
Well, you've had centuries to figure it out. What went wrong? Even Labour doesn't like the working class, sadly.
I agree with you, and I think we need to grasp with the reality that whatever solution we come to, it will need to be a radical shift from the liberal democratic capitalist status quo
When we europeans fought the Holy Wars, the Crusades, we imposed feudalism on those we conquered. Nothing has really changed. We really need to take a look at our culture : Why this arrogance and greed.
@@internetfairy1 Labour basically figured out it's easier to cry racist and sexist than it is to make wins for workers.
Great interview. It's nice to have the EU perspective on our corporate tech giants and their presence in our lives.
Great free risky philosopher of politics. GREECE UP!
Aristotle + Socrates + Varoufakis 🎉🎉🌹
Agree or disagree with Yanis I think he really interviews well. Yes he has a book to promote but hes one of the heavyweight "thinkers" at the moment so worth a listen
Many if not all of the people Aaron and Ash interview have a book just out. A book NM think important to promote. As most certainly has to be a new book from Yanis.
we could all luxuriate writing heady books on various topics if we too were the finance minister during the great greek ripp off that greece is still paying off today. I am not saying I dont agree with his current ideas, but cmon, this grik is no saint.
Some people sell cloud, some sell ideas. It's a business nevertheless
@@AugustusOmega Yanis had zero power or say in what happened in Greece, he was an advisor. He resigned when they didn't listen to him.
@@silvafox7719 he was the FINANCE MINISTER....DURING the Greek financial crisis. The elite greeks were stuffing their pockets with the nations European loans...and Ive seen Yanises exquisite kitchen as he filmed himself in his swanky residence. The little grik boy is not short of a dollar.
Perfectly explained.Using a digital casino capitalism model,where the owners of the casino chips,i.e.currencies of the world, were able to take possession of all material and human assets and are now in a position of total control.
This is state corporatism, not free market capitalism.
One of the best interviews I've watched recently, and very well conducted by the interviewer. This is the first time that I see this channel and I love it! Thanks for that!
i don’t think the interviewer did The best job,
he went with cronological questions, he didn’t examine in depth each topic. (or it would’ve been a 6 hours long video, which i would’ve loved!)
still, a great interview.
greetings from a fckd italian
This interview has literally changed my life. My outlook and worldview has literally been changed because of this interview. UNBELIEVABLE......!
As a Turk, I really appreciate and like Yanis. A very clever man, reminds me of old Greek philosophers. With love from komshi.
Same here brother
Ben de. Me too 😊
Do you have unfettered access to RUclips in Turkey?
@@coolpilot5694 No we also live in caves and ride our horses to work
@@thekraken1173 didn't mean it in that way. I was referring to the federal government of Turkey.
Even if someone doesn't agree with everything Varoufakis says, it's worth listening to him. He's an original thinker and analyst of the World we are living in.
Agree
You simply can't disagree with pure facts. Your emotions and opinions towards how it should be are irrelevant.
@@magg93 agree 😉
@@magg93 bear in mind that you see pure facts through opinion, you interpret them as some part of your personal narrative, this is necessary and unavoidable. The hard part is facing when those facts conflict with your opinion and you have an emotional reaction to disregard them. If you think your emotions are irrelevant you'll ignore that reaction and that conflict without realizing it. What you must do is understand your emotions, not ignore them, and that's a long and important road to take.
There are no such thing as facts, but some observations are more correct than others
Yanis is great. Even though he's doing lots of interviews rethreading the same ground while selling his book, you seem to learn something new in each interview. He is a mine of knowledge and astute analysis.
Because he's not native English speaker so he speaks slightly different in every video giving more insights.
He ruined Greek economy and got wealthy when all normal Greek people lost their money.
"Seem".
If he's so great, why do you focus on his person and not his ideas. This comments section reads like a cult of personality.
Eye opening episode! I have cultivated a good intention of supporting any podcast that grants me some sort of epiphany, creating a paradigm shift in the way I see the world. This episode was filled to the brim with nutritious information about capitalism and history. So I’d like to thank you with the little capital I have ✌🏻
Unique, original and historically-based view of what we live today. Very enriching. Thank you for your courage ✨✨✨
I’ve been watching all his interviews lately and this by far was the best! Kudos for the insightful questions and looking forward to new content
Amen. He is a brilliant man.
Aaron is doing a brilliant job on this interview; feels nicely paced!
solid 8/10
I actually thought the interviews he did on Joe and C4 recently had greater depth than this one. Novara downstream is usually brilliant.
Noticed that, too. Exemplary and then more in every way.
I agree; the ratio of guest to interviewer talk was optimal. Many other interviewers should take a lesson from this - they won't of course, self-agrandisement will win out.
His unique and insightful articulation Struck like a bolt of enlightenment.
I learn a lot from this man and I think he is the only sane man in this muddle of tech overtake of this world. Keep telling the truth with knowledge and insight as ever Prof. Yanis.
What exactly have you learnt??? Share with us.
the way few tech companies control the entire global conversation and the way they mislead people as well as the tragedy of thinking these companies improved human interaction which is false because the only thing they magnified is the lies and prejudice that powerful groups have over the rest of the world.@@mrsmarple2655
A great speaker, articulating his very valid assessments clearly and in a way that is hopefully also appealing to a wider audience
He's so smart and a great speaker but cant fix that very heavy accent?
Why should he fix it? He is a born Greek not British or American!
You really are missing the essence and focusing on nonsense!
@@robertblake1228 judging someone's quick-wittedness by his accent is so... vague.
I assume you are a Brit?
@@virginiatomazou6894 exactly!
@@virginiatomazou6894you can learn greek so you will not complaon agaon about the accent
Wow! Hard to digest the reality of what Prof Yanis is saying. So prescient and potentially chilling. Thatcher promoted the individual over society for the pursuit of greed, which she could use for power. Financialisation was a tool to grow the planned inequality of neoliberalism on steroids and shift power from workers. Now we are potentially pawns for the tech platforms, which will learn from our habits and preferences and use them to shape our behaviour.
Meanwhile the planet is being destroyed and never have we had such a need for cooperation.
All feasible and we need to be aware of the tech dimension which Yanis warns us of. Having been an admirer of his work for some years, I find this a phenomenal insight.
👍
Not really it's mostly common sense. All this enjoyed on RUclips.
😂😂
This is true journalism.Thank you
I've been a huge fan of Mr. Varoufakis since the first time I heard him speak. Only truth, elegance, bravery, insight, and integrity.
there's somethings I seriously disagree with him on, but, he does seem like he would at least discuss the details/differences
Never hear of him before and this week he's been a guest on a interview I watched twice... odd... he is good and i like nost things he says.
@@manifestgreatness1 I really dont like what he says. But I think it's true...
@@freeinformation9869 I respect ur comment greatly
And endless waffle without saying what he really means.
A HUGE fan of Yanis Varoufakis!
I am not. He is from Greece and is talking down on socialism. Scandinavian democratic socialism are at the end of the Day the winners. You Will find all of the Scandinavian countries having the highest standards of living and being the most democratic countries on the planet... where is Greece? .. Right.. nr 35 on both indexes. That must be what he means by socialism, right 😅 you just need the best of capitalism and socialism and then leaving out the bad parts. , and the closest to that sucsess are the Scandinavian countries + Iceland. ;)
Yanis highlights the current state of the Corporate domination of the world, mainly American hegemony, with amusing asides regarding some of the most self deluded and self important "elites" including Ursula von de Leyen and Tony Blair. A superb podcast!
Californian hegenomy. Most of the American companies do not meaningfully harness the digital transformation either. It's just... that there are a handful of american companies that do. That is all that matters in the end.
@@AmateurVolcanologist No, it's an American domination. There's no alternative to it outside of China.
@@AmateurVolcanologist it originates from rome
@@learning7140 No, America has always just been a thug for Rome, our history is a lie, and our birthday is proof.
Without governments corporations are nothing.
Yanis is a moral, charismatic genius. What a great discussion, thank you!
He is very smart. His motivation is unknown.
He's a liar and con artist. You should learn to think for yourself.
@@bubbajones6907so like your mum then.
This is a very smart man, and I really enjoy listening to what he says. He explains complex topics in a way that is easy to understand.
There’s nothing complex about human behaviour or nature. Our motives are simple.
@Lionsofwar369 our (humanities) nature may be simple, but the societal constructs we build are not. Yannies makes understanding the interplay between these constructs easy to understand. You stating that humanities nature is simple makes no sense given the context of my comment, I was not speaking out human nature.
I love Varoufakis's discussions, very informative and insightful.
That was the most interesting RUclips video I've watched in ages. Excellent. I could listen to Yanis all day.
His Cloud Capitalism makes the world look very different, but also makes perfect sense.
As he says, how can Europe compete with 2 powerful holders of Cloud Capitalism when it doesn't have any?
The EU chose protectionism, almost always because of France. By doing so, it completely missed the 1st tech wave, e-commerce, software. Now, it's in the process of missing the 2nd, A.I., Automation.
Where are the EU equivalents of Apple, Samsung, Huawei, Amazon, Tencent? Not a squeak.
Great job, lads. I'm off to buy Technofeudalism. It sounds amazing.
..guy is so goddamn smart
Protectionism defeated Europe? Don’t you wish Europe built a great firewall like China?
Europe actually allowed Americans to reach into Europe’s market and operate free of regulations and taxes. European customers enriched and built cloud capital for Americans companies, and Europeans got nothing in return.
I mean, all those companies are awful and have in some capacity subornws the US government to serve their fiscal interests at the expense of basic human rights and the environment.
Europe doesn't need a Google or an Amazon. Europe seems to have done just fine for itself without those horrible companies run by piece of shit sociopaths.
What good is having all these tech companies when your average citizen cannot afford a yearly doctor visit?
What sounds amazing? The book or Technofeudalism?😂
Haha. Fair question. @@jimmartin8579
I have big respect for Yanis Varoufakis. He can speak in a way people understand, but he always leave a door open for discussion. I´ve learn much from for the last 20 years. Keep up.
can't wait for Yanis's interview....Thanks for inviting all the amazing guest to Novara Media on Sundays and please invite Jeffrey Sachs as well!!!
Yanis is one of the greatest analysts of the messed up World we have created, and his ability to communicate his findings are unmatched. I shall be buying his book from my local bookshop - NOT Amazon!
Thanks for the reminder to avoid the (almost) auto-source of where to buy things. I will do what you propose.
I would suggest to you Whitney Webb, she's encyclopedic, and fits in nicely to what Yanis is describing here.
@@JohnMoran Thanks for the recommendation - I'll Google her now.
it's good to see ppl acually reading ☺️ gives me a little bit if hope
- a bookworm
Watching google ads😂 nice move
Yanis Varoufakis is my favorite economist. A big thanks for the interview.
Socialist is your favourite economist? xD
@@Embrodyes 🗿
Look into Michael Hudson and Gary Stevenson
@@Embrodyes
@@EmbrodHe's one of the best analyst I know. My foundation is Adam Smith book one and two and his thoughts resonate well with it.
superb interview and spot on analysis!
Aaron is a great host. He brings best out of his guests.
Didn't mention disruptive teck, or decentralisation. 🤐
@@ohoraherecaptain Didn't he say we could, we should form our own independent versions of über (focus on trasport, and not feed data to the centralized overlord)
Excellent interview, I think one of Novaras best. An economist whose analysis everyone can understand. I remember seeing him riding around Athens on his scooter !
I like the way Yanis has expounded on & explained in lay man's term the macro economics with regard to the modern way of how feudalism controls more than half of world's economy at present! Being a former Finance Minister of Greece ,he knows his stuff. You may or may not agree with his socialist economic model but he's spot on as to the underlying root cause of wide disparity between rich & poor countries or nation ! More success to your personal & professional endeavors Yanis and likewise to this channel for this video/ podcast . Thank you !
This man is wrong about everything. If his ideas were implemented, we would all live like in North Korea.
The main reason Europe doesn't have its own Google/Facebook/Apple, is because they don't work with each other, period. I've worked in one of the big techs with many European colleagues (English, French, Germans, Swiss, Italians, you name it we have them). I'm always amazed by the amount of back stabbing and hatred toward each other, and their lack of teamwork, cooperations and entrepreneurships. Where is your silicon valley? Can you even agree on one location? How are you going to recruit foreign tech workers while denying them citizenships?
Answer. Become tech workers
True 100%
"amount of back stabbing and hatred toward each other, and their lack of teamwork, cooperations" - Sounds like the average office to me.
@@paulc6766 please stay where you are & don't come to silicon valley.
This guy is brilliant I could listen to him for hours. He sees the global landscape as it is.
After reading 3 of his books, I feel like I have! And I thoroughly enjoyed it.
That greed is very north american
Hear,Hear!
@@leoninocat5070what's funny is everyone wants to come to n. America to have a chance they don't get at home. Greedy corruption is worse in other countries, but other countries don't have freedom of speech so the people don't hear about the corruption they just get fed narratives like hate the west. It's hypocritical.
U mean he see's it as you see it... so he's "great".. and makes u feel good??
Love or hate him, at this point everyone knows how smart Varoufakis is. Still, every time I come across a new speech or interview or book I'm amazed all over again. The man remains second to none as a political and economic analyst.
His opinion on UBI looks good (I just asked ChatGPT :)
Are you referring to his "wisdom" about "viruses" or something else?
As all he is saying is stirred hogwash - like ANYTHING ELSE from an "economist" or scientism acolyte - based on all the hogwash that has been written before. You have been blinded by his rhetoric and "sense-making" using false analogies based on his own BLINDNESS!
Why hate him...??
Because of these leftist ideas Europe is backward.
A truly chilling conversation. Novara Media is excellent but very much like swallowing the red pill!
The best interview I’ve seen this year. Bravo Yanis.
Absolutely interesting words. Thank you, Aaron, for this uniquely open and honest interview. Regards from Nicaragua 🇳🇮.
this was absolutely mind blowing interview. It makes a great deal of sense thinking about what is said and how much it correlates to the reality of our present world we live in.
It's only mind blowing if you know nothing about the real world. If you do you can detect his lies right on
Yanis is a liar and con artist.
Yanis is the most straight talk economist I have ever known. I love this guy.
You should see Dimitris Kazakis, but I don't know if they have any of his stuff in English
He's a star imo, been yelling about these issues for years now - he's a real good communicator of complex issues.
German media demonised him and made him look like a fool.. they basically said he doesn't know what he is talking about.
I remember all the flack he got when he was the minister of economics here in Greece while SYRIZA was governing... which is no surprise, if you consider that 41% of the country voted for a right-wing party in the last elections.
I still think he's one of the most up-to-snuff ministers the country had seen in a lot of years.
Socialism produces misery. Marx is the greatest scam in modern history.
Just come across this channel. Excellent listen. Thanks. Well hosted.
His book doesn't release in the states till feb 24, i already have it on order. Novara Medi is a very informative channel. Keep up the good work!!
they tell you nothing about what for real happend over the centuries and why those wars in europe were made all against the industrial states:
they want to settle again their slaves into otherones country - i hear only hispanoliacs scram which came as inmates from mental hospital.
i do not know all, but enough to see a grey rat
I love to listen Yanis. I believe he is one of the best politician nowdays. Very balanced knowledgable and constructive.❤
Then why is Greece bankrupt? US technology?
no,because we dont have more politicians like him.we didnt even elect him on last elections...@@BigDaddyCane777
@@BigDaddyCane777wait s second, so Yanis Is a god? The entire trajectory of a nation rests on the shoulders of one man: Yanis Varoufakis? You’re not too bright, huh? Definitely not the brightest fish in the pond 😂
@@BigDaddyCane777 Unmatched logic right there
@@BigDaddyCane777 Greece is bankrupt because the Prime Minister he served under rejected his proposals and betrayed him. Yanis resigned.
It is one of the most viewed videos on this channel. That says enough about how good of a interview this was. Kudos
This is the most impactful interview I have seen in years. Mr Varoufakis summarizes with immense clarity where we stand. I hope this reaches everyone in the world that can act on it and fight back against this distopia that is materializing before our eyes.
TX a lot to Aaron and Janis - how right you both are. Some self-contained persons never in their lives took invitations from this profit-oriented insane greed to use their programs.
Yanis is correct. This needs addressing so the corrupt corporations pay their taxes.
Never thought i'd watch anything from Novara media, but i have to say this interview was absolutely superb 👍
Excellent interview
Good to hear a discussion of *class dynamics*
So many on the left/liberal spectrum have forgotten about class analysis.
We need to read Marx more often and supplement it according to the new times
indeed the whole shift to the LGBTQ discussion is sus
was it done on purpose to distract the masses from class struggle?....
Ridiculous marxism. Individual > class.
please explain what class dynamics mean, im not sure i get all of this talk
@@therearenoshortcuts9868 Yes
We don’t want these monopolies in America either
Sadly, we all knew this back in 2010, but no one cared then, and sadly no one cares now....
@@GrimReaperNegiwe knew even further back, at least to Reagan and Clinton. And perhaps even back to the death of JFK.
Agree completely...
America IS a nation of monopolies!
This is just an extension of the military industrial complex.
Everyone will be gone from the platforms to independent media very soon. Thank you for existing Novara media 💖
Impressive interview: clear, broad, sufficiently deep and concise. Thank you !
Thanks for this enlightening discussion. Quite scary really. Many years ago, I was invited at Yanis's discussion broadcast on ABC TV in Australia, where he used to lecture at university in a previous life, and his ideas have always impressed me. I am glad he reminds us of the "true" meaning of capitalism: a system of private ownership of the essential means of production - nothing to do with a market economy, which we have been lead to confuse.
@@ue9Bbnntn67actually the competitor to Google is Microsoft 😂
A competitor. There will be others.@@The.world.has.gone.crazy...
Yanis is always worth listening to; glad to see him getting so much attention right now even if the message he is imparting is grim indeed
This is a Wonderful short conversation. Excellent. Thank You.
Mr Yanis every time I hear you, you surprise me in a good way. I find you interesting in a way that I can't get enough of you. There's so much you can offer to the world. For sure the world needs you.
I wish you all the best in all aspects of life. May God bless and protect you and your loved ones.
Great interview, Varoufakis is at his best, many thanks !
Stay-at-home mum, watching this at 10.23pm with a bowl of Special K (with berries). This stuff is gripping! Already put Yanis's book on the wish-list. Ty Novara for all that you do! 💛
Special K - another American brand.
@ritagreenwood9397 You may find Ludwig von Mises' essays on the subject material equally if not more exhilarating.
😅
John Kellogg was Scottish.
Absolutely meeting this vision!! Extremely bold and wise person!
Love the coverage he's been getting lately
Well, Kremlin's looking for new clowns, so, there you go.
Not as much as he does!
He's just released a book on exactly this topic, check out Technofeudalism. That would explain the coverage!
Europe is long gone !! Just a State in America !!!!
Mind you, if you read the book 'Treasure Islands' by Nicholas Shaxtson (about offshore banking and tax havens), he says that London's finance/banking is the centre of the spider's web. Workers in the UK are suffering terribly, but the wealthy elites are extremely wealthy and control more than we think.
I just watched his podcast interview earlier on Channel 4, and I have to say Yanis is brilliant and whenever I hear him speak I listen 👂🏾 very intently. He’s a very very engaging and great at explaining things also helps he’s a Corbynite 😆😁 !
He is not brilliant, he confuses and try to impress people by taking pieces here and there and making it a big soup ... Theoretically he is inconsistent for example saying we are at the same time in Capitalism AND in Feudalism (Quantum sociology ??? .... :-) ... ) ... Or borrowing in a not very clean way from Keynes on the topic Marx totally missed : money. Varouf bouffe à tous les rateliers théoriques ....
i think he has the wittiness of a west indian uncle talking politics . the way he constructs his phrases is very africanized.
I very much doubt a real man like Yanis would even give the time of day to a weed like Corbyn.
Jeremy corbyn regards murderous antisemitic Muslim terrorists as his "friends"
Thats essentislly all you need to know about him
@@internetfairy1wow, what a prejudiced comment. Take your blinkers off! They are personal friends!
this was easily one of the most informative + inspiring things I've ever seen, I've just finished watching it for the 2nd time, and I'm really excited to now get the book, Yanis' references to the late 1700s are a terribly relevant example from recent-ish history, so powerful to think we may be on the brink of undoing the current cloud-shackles -
I'm really grateful to be able to have access to the thoughts of incredible thinkers around history/economics/revolutionary ideas like this, it's really exciting to think we're potentially only one small revolution away from a far more equitable social situation, given how "globalised" the world asserts to being... it really sounds possible that enough people can agree around the world.. that we don't want to be cloud serfs, maybe more that we want to have a share of the profits being sourced from technological growth.
no longer should the risks be socialised with profits privatised, the more people that learn this key human right the better I think. thank you yanis, pls i rly hope that people see the sense in this information..
Not only american big tech, but also politics, culture and morals.
☠BLACK BARON☠ American Software Engineering is buggy and Tech you buy is buggy with and without China and I do not trust American Super Hyper Capitalism. It's the end of morals, ethics and culture and engineering. AI is for the big tech folks and capital holders to save money until they can replace all workers by using robots. That's AI.
Welcome to sharia law😂
What does sharia law have to do with anything @@Juliofiasco
@@Bell_plejdo568p you will see soon☺️
Yeah Hollywood laid the foundations big tech built the building.
Excellent!
I am a Native New Yorker, born, lived in Brooklyn, Queens...in the 80s entering the work force , there were many job interviews which I went on in the middle to end 80s, where the position I was "hired for...had a "Freeze" on the position after said interview! This happened in many corporate lower level positions, more and more.
Along with that, it was the start of MANY data entry, customer service, accounting assistant position, to name a few, which "went abroad", sadly.
I appreciate this world history overview, which to me, sheds light on my particular experience. Blessings :)
Thank you.
Native? 😂😂native American or immigrants from Europe? 😂😂
@@pisablavatsky-cb3dd The word "Native" can also simply mean "born here"
I♥NY and I love the song "Native New Yorker"
@@mtlicq ok son of the the theives and criminals 🤣
I Love that song from the "old days" ! :)@@mtlicq
Absolutely fantastic ,,,,,,,,just loved the way it was presented and explained. I agree 100 % with Yanis on his thinking, predictions and probable outcomes. Just pure GOLD
not realy. This guy loves China and population control made by the state 🤮
Good talk!! My goodness. Very intresting! Thank You Thank You Thank You Thank You so much!!!!!!!
Love this guy, the Greek Voldemort is the Bruce Willis of economics! All his interviews are so insightful, I can't listen to him enough!
Brandnew sentence
Exactly my thoughts👍
So I surmise what you're trying to say is that he's bald.
@@bocelott Nope. His resemblance to famous actors has absolutely nothing to do with the fact that they are bald, which to me seems rather like a concidence.
Yippi-Kai-a! lol. ‘I prefer Roy Rogers actually’ lol
What he said about the dollar being built on the backs of American working people is spot-on. Especially the industrial Midwestern heartland where I live.
Brilliant Interview - an immediate classic. Thanks
I knew we were headed into this dystopia we now have, when grocery stores began demanding your phone number to buy food. now we all work for free at self check outs and prices are oppressively high.
I don’t know where you shop for food but if asked I decline to give my number.
@@kennixox262 or use a ghost number. wink wink nudge nudge
@@kennixox262 In Turkey for example, the discounts in supermarkets are tied to loyalty cards which are also tied to your phone number. So they indirectly ask for it and then use that info for pushing campaigns and all different stuff.
It's not mandatory
@a.f.7246 you do not understand. having a smartphone is not mandatory either. but try living in society or without one. can be done but not really. oops the matrix has had us all along.
Yanis is a great brain, every single of his sentences is full of knowledge and wisdom.
we all know the truth but most do not want to hear/see the truth