
Tag: Varoufakis

Varoufakis says nothing new but repeats something necessary
Humanity faces a grim fate because the global ruling class refuses to depart from the capitalist status quo even as their quest to maximise profits intensifies the climate crisis and the prospects of a nuclear war. But with enough solidarity, progressives around the world can build an egalitarian, democratic, peaceful, and sustainable society.

An ex- Australian University Professor Responds to Facebook
“You, and your minions, wouldn’t recognize civilization even if it hit you with a bargepole,” said the former Greek finance minister, slamming Facebook’s CEO for the social media giant’s new name.
Yanis Varoufakis is tipped to become finance minister of what may become Greece’s leading party after legislative elections Sunday. He tells Britain’s Channel 4 what Syriza will do if it takes power.
Channel 4 economics editor Paul Mason asks Varoufakis, who teaches economics at the University of Athens, “what will you do to [Greece’s] oligarchy, concretely?”
Varoufakis responds, “We are going to destroy the basis upon which they have built, for decade after decade, a system, a network that viciously sucks of the energy and economic power from everybody else in society.”
When Mason notes Varoufakis knows what happened the “last time somebody tried to take power from the Greek oligarchy,” Varoufakis replies that “the good fight has to be fought independently of costs.”
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—Posted by Alexander Reed Kelly.


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