this post was submitted on 26 Sep 2023
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317
‘Capitalism is dead. Now we have something much worse’: Yanis Varoufakis on extremism, Starmer, and the tyranny of big tech (www.theguardian.com)
submitted 1 year ago by [email protected] to c/[email protected]
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‘Capitalism is dead. Now we have something much worse’: Yanis Varoufakis on extremism, Starmer, and the tyranny of big tech::In his new book, the maverick Greek economist says we are witnessing an epochal shift. At his island home, he argues it’s now the ‘fiefdoms’ of tech firms that shape us

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[–] [email protected] 17 points 1 year ago

Pretty sure he argued that Greece shouldn't have to use the bailout loans from other countries to pay back banks, but instead can use it to invest them in public infrastructure to rebuild their economy. Instead the EU forced them to use those loans (said taxes) to pay back rich companies, and to cut their investments in social programs to put the country into an even deeper mess.