Capitalism is over | Yanis Varoufakis on digital dictators and techno-feudal economics
5,110Renowned economist and politician Yanis Varoufakis dissects the modern era of economics, analysing everything from Donald Trump's trade wars to the end of capitalism as we know it.
Have we handed over power and control to Tech Bros like Jeff Bezos, Elon Musk, and Mark Zuckerberg?
With a free trial, you can watch Yanis debate war crimes and international law with Jeremy Corby, Malcolm Rifkind, and Bronwen Maddox. Use this link: https://iai.tv/video/the-rules-of-war?utm_source=YouTube
Capitalism has ended, and seemingly no one noticed - at least that's what renowned economist Yanis Varoufakis believes. In this new era of technofeudalism, companies enclose their fiefdoms within which they decide how people enter the market and how sellers advertise their wares. In this interview, Yanis covers the method behind Donald Trump, how Trump's understanding of global power makes some sense, whether a trade war with China can be won, and the massive opportunity Europe is about to miss.
#capitalism #technofeudalism #trump #democracy #economics #politics
Yanis Varoufakis is a leading critic of the economic establishment. He was the former Finance Minister of Greece, a professor, bestselling author, and current chair of the Democracy in Europe Movement 2025. Interviewed by the host of The Why Curve podcast and BBC presenter Roger Hearing.
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00:00 Technofeudalism explained
01:11 Has capitalism really ended?
03:12 How would you define "cloud capital"?
05:42 Are we returning to the economic system that existed before capitalism?
07:00 How can we challenge the threat of technofeudalism?
09:54 What are the chances of a complete switch to technofeudalism?
10:53 How do you assess the early months of the new Donald Trump presidency?
14:29 Are Trump's tariffs deepening the economic crisis?
16:34 How will Trump's tariffs impact the United States' relationship with China?
19:47 Can Europe take advantage of the Trumpian chaos and the economic changes it brings?
22:47 Would you go back into politics?
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