And the Weak Suffer What They Must? | Yanis Varoufakis | Talks at Google
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Published 2016-04-29
In January 2015, Yanis Varoufakis, an economics professor teaching in Austin, Texas, was elected to the Greek parliament with more votes than any other member of parliament. He was appointed finance minister and, in the whirlwind five months that followed, everything he had warned about—the perils of the euro’s faulty design, the European Union’s shortsighted austerity policies, financialized crony capitalism, American complicity and rising authoritarianism—was confirmed as the “troika” (the European Central Bank, International Monetary Fund, and European Commission) stonewalled his efforts to resolve Greece’s economic crisis.
Here, Varoufakis delivers a fresh look at the history of Europe’s crisis and America’s central role in it. He presents the ultimate case against austerity, proposing concrete policies for Europe that are necessary to address its crisis and avert contagion to America, China, and the rest of the world. With passionate, informative, and at times humorous prose, he warns that the implosion of an admittedly crisis–ridden and deeply irrational European monetary union should, and can, be avoided at all cost.
Varoufakis is the Finance Minister of Greece. A Professor of Economic Theory at the University of Athens and a visiting professor at the Lyndon B. Johnson School of Public Affairs, University of Texas at Austin, he is the author of The Global Minotaur: America, the True Causes of the Financial Crisis and the Future of the World, among others.
This Authors at Google talk was hosted by Boris Debic.
eBook:
play.google.com/store/books/details/Yanis_Varoufak…
All Comments (21)
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Fascinating to see the huge difference in quality of explanation between what Varoufakis explains, and what the masses are being fed via mainstream media.
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Every time I listen to Varoufakis I feel there's hope for humanity.
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5 years late, but listening to Yanis talk gives me clarity in todays economy.
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My favorite line was "what will I tell the people?" I admired his honesty. He refused to lie and frankly, he knew he couldn't be a politician. Great speech. Some aspects of economy I didn't quite understand but he was talking on global scale.
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Someone has certainly read his Keynes! I get the very strong feeling that Varoufakis often (whether in the presence of European finance ministers or other university faculty members) is the only guy in the room who knows what the hell he is talking about.
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We rarely get to witness such a personable and moral intellectual giant like Yanis. Amazing.
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Yanis Varoufakis is a brilliant intelligent, and caring humanist - PERFECT & SPEAKS THE TRUTH!
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Hats off to John Varoufakis - an honest intellectual.
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an intellectual beast
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Greeks - light of the World. We need more people like Yiannis to cut through to reality of what is happening in this World in these times... and the poor shall suffer.
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I always think on giving up seeing videos of Varoufakis beacuse I don't think the next could be better than the previous one. And I am always wrong, what is quite incredible.
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Such a good talk.
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He lnows what he is talking about,, always great to listen to Mr Varoufakis
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Neoliberal capitalism brought a heap of money to few people. But it is dead now. Varoufakis knows that. I support Diem25.
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Love the comparison he mades at 24:04, crisis to capitalism is what hell is to christianity, unpleasant but essential.
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I could listen to this guy talk for hours. oh wait, I already am
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One of the great men and minds of this generation.
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Wow...the ending tho. This is going to be a great movie someday; too bad it's a true story. I remember when the mass media was painting him out to be this brash uncontrollable maverick. Now I understand why they did that to him...demonize the martyr. His innovative policy was a great missed opportunity indeed. I hope that someone will pick up where he left off before this whole system goes to hell in a hand basket.
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He reminds me of Churchill's line "you don't get rid of starving wolves by throwing them meat".
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Larry Summers told him---"Yanis, either you're going to be an outsider or you must accept the program and not speak out against your fellow elites." The scariest thing is that Larry was President of a university. Harvard.
