Economist Yanis Varoufakis, a former finance minister for Greece, explains his quarrel with capitalism, which, he contends, is consuming and destroying democracy. The self-professed “libertarian Marxist” presents a controversial argument to reunite the increasingly disparate realms of politics and economics. While always politically neutral, getAbstract believes Varoufakis’s impassioned lecture will ignite animated debates among economists and politicians.
In this summary, you will learn
- How capitalist forces are destroying democracy,
- Why capitalism enables “gross wastefulness,” and
- What society can do to preserve democracy and ensure a better future.
About the Speaker
Economist and professor Yanis Varoufakis is a former minister of finance for Greece.