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Techno-Feudalism & the End of Capitalism

“If you know of Yanis Varoufakis, you know him as the economist and Greek finance minister whose nuanced analyses of the crisis of 2008 became perhaps the defining voice among left-wing critics of global finance. If you don’t know who he is, it’s never too late to get to know him – and conveniently Yanis’s most recent works are also his most accessible.”
Following 2017’s Talking to My Daughter: A Brief History of Capitalism is 2020’s Another Now: Dispatches From an Alternative Present. Where Talking to My Daughter was, well, exactly what it says on the tin, Another Now is Varoufakis’s first adventure in fiction. Future technology causes a rip between universes, giving our heroes Costa, Iris and Eva a glimpse at what their lives could have been, had the crisis of 2008 gone a bit differently.

We spoke ahead of Yanis’s online talk for Sheffield’s Festival of Debate on 7 May.

What prompted you to jump genres in this way?

For decades, I was avoiding writing a book by which to answer the question, ‘Well mate, if you don’t like capitalism, what’s the alternative?’ I was avoiding that question like the plague, because it’s just so hard to indulge oneself in writing a modern utopia. Yet another utopic book.

But at the same time I felt the need to answer the question, because we tried Marx’s way. Marx never spoke about communism. He declared himself a communist, and spent all his life describing capitalism, but he never ever, not once did he describe communism. When he was pushed remorselessly, he came up with a nice slogan, which was “from each according

— source | Yanis Varoufakis | 16/05/2021

Nullius in verba


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