Yanis Varoufakis: Capitalism has become 'techno-feudalism' | UpFront

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  • เผยแพร่เมื่อ 18 ก.พ. 2021
  • A recent Oxfam study found that since the start of the coronavirus pandemic, the world’s richest 10 billionaires have seen a wealth increase of half a trillion dollars - enough to pay for every person on the planet to get a vaccine.
    In this UpFront special, Marc Lamont Hill discusses with economist and former Greek Finance Minister Yanis Varoufakis what is driving the staggering wealth inequalities and how governments are offering socialism for the rich, and austerity for the rest.

ความคิดเห็น • 2.2K

  • @brendano1204
    @brendano1204 3 ปีที่แล้ว +983

    socialism for financiers, austerity for the people... sums up the last recession

    • @guilhermegoldman
      @guilhermegoldman 3 ปีที่แล้ว +25

      My PR use to say he is liberal at economy and conservative at the mores - more like liberal at the rich and conservative at the poor!

    • @marcelinoperez2926
      @marcelinoperez2926 3 ปีที่แล้ว +5

      Brendan O
      you got it, I agree. Reset for the people

    • @frankieboyer9375
      @frankieboyer9375 3 ปีที่แล้ว +17

      thats just capitalism

    • @patriciomalbran3737
      @patriciomalbran3737 3 ปีที่แล้ว +5

      @@frankieboyer9375 sorry mate, thats keynesianism

    • @patriciomalbran3737
      @patriciomalbran3737 3 ปีที่แล้ว +6

      @Hitme 2moretimes sorry mate but the biggest issues capitalism almost every time (If not always) stem from the govt. then keynesianism never sorted out anything you can see it now, in the 20s and with the marshal plan.
      Also at least capitalism works in real life, not like socialism.

  • @JustRockMySoul
    @JustRockMySoul 3 ปีที่แล้ว +782

    Techno-Feudalism is an excellent description, thanks Yanis.

    • @marcelinoperez2926
      @marcelinoperez2926 3 ปีที่แล้ว +2

      China is everywhere now

    • @DiandraStarShine
      @DiandraStarShine 3 ปีที่แล้ว +16

      oh, *please.* technology and fancy words🙄don't change the fact that it's still *capitalism,* period.

    • @rainer7210
      @rainer7210 3 ปีที่แล้ว +8

      @@marcelinoperez2926 China was made great again , by US. Profit don‘t care any system.

    • @marcelinoperez2926
      @marcelinoperez2926 3 ปีที่แล้ว

      @@rainer7210 agree I know

    • @Figures-us9wt
      @Figures-us9wt 3 ปีที่แล้ว +8

      @@DiandraStarShine Bro, maybe research the topic. This is not capitalism.

  • @taiven.lechevalier
    @taiven.lechevalier 3 ปีที่แล้ว +555

    Can we just take a moment and appreciate how excellent of a job this interviewer did? Really top notch work.

    • @HiVizCamo
      @HiVizCamo 3 ปีที่แล้ว +14

      Yes he placed the softballs on the tee very well, very good note reading skills too. Top notch.

    • @carlsontse3622
      @carlsontse3622 3 ปีที่แล้ว +12

      I was thinking the EXACT same thing. Top quality journalism

    • @carlsontse3622
      @carlsontse3622 3 ปีที่แล้ว +22

      @Alexander Franke you definitely wear clown shoes with a comment like that

    • @HiVizCamo
      @HiVizCamo 3 ปีที่แล้ว +3

      @@carlsontse3622 More Water Army paratroopers, always shilling these comments sections. The grifter's accomplices are so easy to spot now.

    • @pobandeddy6721
      @pobandeddy6721 3 ปีที่แล้ว +4

      First half of the interview was great. Second half was fact-free ideological garbage.

  • @Dan-ud8hz
    @Dan-ud8hz 3 ปีที่แล้ว +225

    "If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality."
    Stephen Hawking

    • @GoToGuy222
      @GoToGuy222 ปีที่แล้ว +1

      Read "The Midas Plague" by Frederick Phol

    • @ThePathOfEudaimonia
      @ThePathOfEudaimonia ปีที่แล้ว +1

      @@GoToGuy222 Could you tell us why?

    • @GoToGuy222
      @GoToGuy222 ปีที่แล้ว +4

      @@ThePathOfEudaimonia This was published in 1954 as a science fiction book. It is a world where robots were advanced to the point where they can do all labor with little or no direction. Society felt that they needed to not waste products made by robots. So they need to make sure that all products are consumed and not wasted. So if you were wealthy you could live in a 2-bedroom bungalow and eat two meals per day and ride your bike. The POOR had to work hard at consuming. They were forced to live in a 30-room mansion, drive 4 cars per day and eat 12 meals per day with no waste. You were cursed with consuming. Oh, and all the robots were connected to the main center with a radio. 1954

    • @MikBak1814
      @MikBak1814 ปีที่แล้ว +1

      @@GoToGuy222 Thanks for explaining this book. Sounds Orwellian. I'll read it based on your explanation alone.

    • @MikBak1814
      @MikBak1814 ปีที่แล้ว +1

      Common knowledge in the historical record for a hundred years. Either we were too naive to think it would ever be any different; or power systems were too dishonest. And probably a good mixture of both.

  • @ndeshimonakamungu645
    @ndeshimonakamungu645 3 ปีที่แล้ว +431

    "They are not working for humanity they are working for financiers "

    • @destruction1928
      @destruction1928 3 ปีที่แล้ว +9

      Humanity is a bunch of stupid people that keep breeding without the ability to feed their own children, and expecting others to sustain it, what happened in America is Americans problem, not anyone else.

    • @guppy0112
      @guppy0112 3 ปีที่แล้ว +2

      These financiers (the fund managers and traders at investment banks anyway) in turn are working for Joe and Jane public, as it is our pensions and investments that they manage!

    • @destruction1928
      @destruction1928 3 ปีที่แล้ว +3

      ​@Vicky Zabaras Historically right-wing people killed way fewer people than lefties, the worse thing is that lefties killed their own people in hundred of millions, not wanting to share resources has nothing to do with want you dead, you are not entitled to it, It's not my obligation to keep you alive.

    • @humboldthammer
      @humboldthammer 3 ปีที่แล้ว +4

      Me, me, me, me meme. God said, "Enough Trump Worship." but less than 7% have ever "heard" God. That's normal. That's why it is such a serious SIN to mislead the sheep. Televangelist False Prophets told tens of millions to vote for Trump -- God's CHOSEN ONE. Election Fraud is one more DEEP FAKE EWE.

    • @bayroncastillo7653
      @bayroncastillo7653 3 ปีที่แล้ว +1

      hard

  • @joewyatt2407
    @joewyatt2407 3 ปีที่แล้ว +551

    Yanis is a brilliant guy and was treated so poorly but no surprise why.... he speaks sense and the world is awakening

    • @edwardk3
      @edwardk3 3 ปีที่แล้ว +10

      In particular where they determined yanis to be a member of the "defective gender". I was particularly impressed that this got by the hate speech detectors

    • @muskrat477
      @muskrat477 3 ปีที่แล้ว +7

      He had the EU pegged

    • @hansjurgenochsenfahrt6176
      @hansjurgenochsenfahrt6176 3 ปีที่แล้ว +2

      Webster Tarple - before he sold out to demtards in new yourk drumbeated for him.... and when the won... ohhhh this is nato.... and EU.... ohh - and he rolled over... now we have the bizarre game of Rettungsschirm.. umbrella ... with the Euro - planned to fail... and a massive transfer of wealth to these - states.... essential for nato.... and military industrial media complex... they were treated as winners charming in eu bureocrathy.... the one got dropped out... the other here - went biking again... all from one club of spoiled brats - with elite education in sinister private schools... from a certain tribe... sorry... Microsoft gates is caesar.... stands for the corporate accumulation of power worldwide... and we have a scary relationship of leftists and rights - to galton and the charming with education camps - autor of my fair lady... fabian society... do not trust these screw ups...

    • @chandir7752
      @chandir7752 3 ปีที่แล้ว +13

      is the world really awakening tho..? You make it sound as if it's a progress that's already in motion and will complete itself automatically. But I think we have a lot of work ahead of us if we want to make everyone see straight.

    • @wolfgangkranek376
      @wolfgangkranek376 3 ปีที่แล้ว +3

      @@hansjurgenochsenfahrt6176 Correct, politicians like Varoufakis are actually part of the problem.

  • @longbeachboy57
    @longbeachboy57 3 ปีที่แล้ว +351

    This guy knows about 10 000 times more about american politics and history than the average american...

    • @ronaldmitchell3665
      @ronaldmitchell3665 3 ปีที่แล้ว +1

      ...certainly, he hasnt been at ground zero of the cabal for his life. He’s outside looking in to America, but that is good . sky news Australia has good perspectives too, thx....

    • @elingrome5853
      @elingrome5853 3 ปีที่แล้ว +2

      @@ronaldmitchell3665 eh? He’s literally part of the cabal 🤣

    • @yonisali3879
      @yonisali3879 3 ปีที่แล้ว +9

      To be fair it is not that much of stretch.
      Compared to Greece. The history needed to rember does not go that far back and the politics follows a very predictable flow everytime.
      Dude got a cool name too coupled with southern European sensiblties and intelligence that might get mistaken for snobbery in places where intelligence does not hold sway.

    • @meisterlymanu5214
      @meisterlymanu5214 3 ปีที่แล้ว +1

      thats not difficult

    • @friedrichnietzsche2557
      @friedrichnietzsche2557 3 ปีที่แล้ว +4

      Americans only know burgers kingg

  • @SensemakingNL
    @SensemakingNL 3 ปีที่แล้ว +74

    Finally. A real journalist. Questions that actually invite interesting perspectives. Well informed and poised!

    • @toyotaprius79
      @toyotaprius79 3 ปีที่แล้ว +3

      Imagine how sad this state of civilisation must be in for an acceptable level of journalistic integrity to be celebrated?

    • @islabee94
      @islabee94 3 ปีที่แล้ว +1

      He was good, I enjoyed the interview too!

    • @islabee94
      @islabee94 3 ปีที่แล้ว +2

      @@toyotaprius79 why so bitter? Why not congratulate someone on doing a good job just because others aren't doing so? That makes absolutely no sense.

  • @stbsabs4370
    @stbsabs4370 3 ปีที่แล้ว +712

    Varoufakis as usual makes great and significant points. What is new is the excellent questions and interview from the journalist side for the first time.

    • @vinm300
      @vinm300 3 ปีที่แล้ว +34

      Yes, the interviewer is on the ball.

    • @stevefromsaskatoon830
      @stevefromsaskatoon830 3 ปีที่แล้ว +8

      Indeed

    • @jacovawernett3077
      @jacovawernett3077 3 ปีที่แล้ว +6

      Truly. 111%

    • @Validboy
      @Validboy 3 ปีที่แล้ว +12

      so good i watched it twice... I see Varoufakis I click..

    • @patrickvangelder3349
      @patrickvangelder3349 3 ปีที่แล้ว +3

      Varoufakis is as boring as ever, always whining about the EU, but never acknowledging that Greece was a failed state who entered the EU based on lies, they hardly have a decent tax system. The 2008 crisis was hardly felt in the North of Europe because our tax and social systems are solid, he is only talking about Greece but as I said that country was just badly governed

  • @yiasemide
    @yiasemide 3 ปีที่แล้ว +380

    Marc Lamont Hill and Yanis Varoufakis: a brilliant pairing here.

    • @GUSCRAWF0RD
      @GUSCRAWF0RD 3 ปีที่แล้ว +1

      "what they [the US] did is re-distribute wealth from the poorest european countries to the wealthiest ones' financiers" you're right this is a brilliant way to spin 'they broadly paid their bills and bought stuff from europeans that also broadly pay their bills and made stuff to sell'

    • @mnati25
      @mnati25 3 ปีที่แล้ว +2

      The man is well read and impeccable credentials

    • @GUSCRAWF0RD
      @GUSCRAWF0RD 3 ปีที่แล้ว +2

      @@mnati25 example?

    • @buckrogers7115
      @buckrogers7115 3 ปีที่แล้ว +5

      Marc Lamont hill is an idiot

    • @GUSCRAWF0RD
      @GUSCRAWF0RD 3 ปีที่แล้ว

      @@buckrogers7115 he's pretty smart he's just not playing devil's advocate

  • @ralphjackson8295
    @ralphjackson8295 3 ปีที่แล้ว +56

    This was the best interview I have ever had the privilege to see.

    • @ralphjackson8295
      @ralphjackson8295 3 ปีที่แล้ว

      @@ts8404 Really? Well, I have to say, they know how to hire good reporters because he did a really good job.

  • @diogotxx
    @diogotxx 3 ปีที่แล้ว +32

    Yanis is one of the most brilliant voices I've known in recent times. Always good to hear his thoughts.

  • @GeraltBosMang
    @GeraltBosMang 3 ปีที่แล้ว +246

    The quality of Al Jaz reporting is getting better and better.

    • @EuDouArteHipHopArtCulture21
      @EuDouArteHipHopArtCulture21 3 ปีที่แล้ว +8

      I agree ,

    • @fullmetaljacket1803
      @fullmetaljacket1803 3 ปีที่แล้ว +17

      Really is one of the only news outlets that isn't completely designed to sway the masses into making decisions to enrich the top

    • @Q_QQ_Q
      @Q_QQ_Q 3 ปีที่แล้ว +5

      Al Jazira is good for outside Qatar or Qatar subjects

    • @777jones
      @777jones 3 ปีที่แล้ว +11

      Al Jazeera utterly humiliates the quality American media. Among the worst we have are Fox News, MSNBC, CNN. Next worst are NPR, Infowars and the New York Times. These are all pure, proud political advocacy organizations. Actual journalism still exists at local levels in the USA but not really at national level.

    • @theyredistortingyourrhthym126
      @theyredistortingyourrhthym126 3 ปีที่แล้ว +3

      0 virus
      Millions AWAKE

  • @dariuslankarian3282
    @dariuslankarian3282 3 ปีที่แล้ว +402

    Capitalism for the poor socialism for the rich.

    • @julianchung9215
      @julianchung9215 3 ปีที่แล้ว +2

      Or vice versa like in USA

    • @craig5261
      @craig5261 3 ปีที่แล้ว +58

      Socialise the losses, privatise the profits

    • @dariuslankarian3282
      @dariuslankarian3282 3 ปีที่แล้ว +18

      @@craig5261 Definitely. Bailouts, QE bunch of pathetic man running to the corrupt government for tax payer stimulus. They are lucky individualism has made the public so docile otherwise there should have been an uprising by now.

    • @leonngg232
      @leonngg232 3 ปีที่แล้ว +4

      For me is Capitalism is good if there are no businessman inside the politics because that politicians control the economy that is why they become more richer.,the leftist hate oligarch but if there are no Capitalist?the world has no change.

    • @craig5261
      @craig5261 3 ปีที่แล้ว +19

      @@leonngg232 there is no capitalism. Instead we have crony capitalism, rigged markets, price signal manipulation, central bankster theft & corruption. All supported by an ideology called “keynesianism”

  • @GladysAlicea
    @GladysAlicea 3 ปีที่แล้ว +61

    “Wasted economic energy,” says it all. Great interview, Professor.

    • @clodoaldosantos5333
      @clodoaldosantos5333 3 ปีที่แล้ว +1

      Sounds amazing ❤️

    • @clodoaldosantos5333
      @clodoaldosantos5333 3 ปีที่แล้ว

      In few years to come people will be kicking themselves in regrets if they miss this opportunity of buying and investing in crypto currency

    • @clodoaldosantos5333
      @clodoaldosantos5333 3 ปีที่แล้ว

      Mr maxwell has changed my financial status for the best.

    • @clodoaldosantos5333
      @clodoaldosantos5333 3 ปีที่แล้ว

      Trading in crypto currency is one of the best ways to make money in trading

    • @clodoaldosantos5333
      @clodoaldosantos5333 3 ปีที่แล้ว

      i met mr maxwell at a conference in Greece for the first time and i invested €6000 and i received €32, 400 after taking his 15℅ profit of trading

  • @W4ldgeist
    @W4ldgeist 3 ปีที่แล้ว +77

    What an amazing interviewer! Highly intelligent questions, insight and follow ups. How unusual compared to other mass media. Thanks for that. Keep doing what you're doing!

    • @303machine
      @303machine 2 ปีที่แล้ว

      Interviewer is hypocrite moron. He talk about "structural racism" but for sure he would not talk about real racial abuse, "structural racism" from Arabs (non-white people) against coloured, black workers in Arab (muslim) countries because he work for Al Jazeera. Another atempt to smear on white people, despite Greek people to whom leftard Yanis belongs, never had colonies nor (black) slaves, not that it matters.

  • @alishahid9253
    @alishahid9253 3 ปีที่แล้ว +370

    The host is brilliant

    • @itsallsausagetome4059
      @itsallsausagetome4059 3 ปีที่แล้ว +58

      very principled as well, when I started the video I said isn't that the guy who was fired from CNN over a pro Palestine speech, so googled his name and found out I was right, was worried his career would be ruined for life, so super delighted to see that Aljazeera didn't jump on the bandwagon with other networks in boycotting him or setting him as an example. The Zionist influence in America is insane.

    • @alishahid9253
      @alishahid9253 3 ปีที่แล้ว +3

      @@itsallsausagetome4059 wow, that's huge..

    • @denbel426
      @denbel426 3 ปีที่แล้ว +7

      @@itsallsausagetome4059 you are absolutely right he's an American of African descent and a scholar

    • @j-dub.d-trey
      @j-dub.d-trey 3 ปีที่แล้ว +11

      too smart for CNN!

    • @libanwarsame5428
      @libanwarsame5428 3 ปีที่แล้ว +15

      His name is Marc Lamont Hill. He was contributor for CNN before he was fired from the broadcaster after advocating justice for Palestine at the UN.

  • @mr.t.1237
    @mr.t.1237 3 ปีที่แล้ว +90

    I read Yanis's book called "Talking to my daughter" great read.

    • @mutanazublond4391
      @mutanazublond4391 3 ปีที่แล้ว

      He's a fraude .... nobody radical, get's this much media coverage ...NOBODY ...

    • @MrHitomiplum
      @MrHitomiplum 2 ปีที่แล้ว

      @@mutanazublond4391 He can get as much or more media coverage. They know it doesn't matter... your response proves that.

  • @hannespeters1055
    @hannespeters1055 3 ปีที่แล้ว +222

    Only in feudalism, the peasants had land to grow food on.

    • @nataschavisser573
      @nataschavisser573 3 ปีที่แล้ว +75

      Now they can make youtube videos and beg for money on patron.

    • @northofyou33
      @northofyou33 3 ปีที่แล้ว +2

      Hannes, exactly.

    • @MAM-pd9mx
      @MAM-pd9mx 3 ปีที่แล้ว +23

      @@nataschavisser573 now everybody has the freedom to start a business and become millionaire... the trick is that's not possible

    • @Roboprogs
      @Roboprogs 3 ปีที่แล้ว +41

      No, they didn’t. Usually the aristocracy owned the land, and the serfs could only stay by paying tribute.
      Thus, the comparison to “rent seeking behavior”, as opposed to actual creation by business.

    • @Roboprogs
      @Roboprogs 3 ปีที่แล้ว +3

      @Arsperficit 37 - absolutely. There’s always a warlord or clan of such. Some are more “just” than others, but any power vacuum would be filled.

  • @quochung9370
    @quochung9370 3 ปีที่แล้ว +65

    They are already trying to bring back serfdom with the "great reset".

    • @terencefield3204
      @terencefield3204 3 ปีที่แล้ว

      Very good. One overdue.

    • @terencefield3204
      @terencefield3204 3 ปีที่แล้ว +1

      @LazicStefan Well much to my surprise, the reality of income and asset inequality in the US has increased over the last 45 years EXCEPT for the period of the Trump administration. Not perhaps expected by the left, or by me, but nonetheless true. In the world entire, poverty is declining; in the least competitive of the old first world, it shows no sign of improving. Socialist state-interventionist policies show no sign of correcting this, very sadly. Climate change will reduce the condition of life of nearly all people, to the point of collapse. I think that is unavoidable.

  • @hellonihaocomoestas
    @hellonihaocomoestas 3 ปีที่แล้ว +95

    "the top 0.01 percent are doing very well, thank you."

    • @meikvincenco1584
      @meikvincenco1584 3 ปีที่แล้ว

      I would like to know how they figured that out considering that these people's finances are not exactly public knowledge and even my government does not know how much wealth I, an average earner, own.

    • @steliosmandalos9352
      @steliosmandalos9352 3 ปีที่แล้ว

      @@meikvincenco1584 are you sure that "they" don't know how much "you" own?

    • @meikvincenco1584
      @meikvincenco1584 3 ปีที่แล้ว

      @@steliosmandalos9352 How would they? If I buy something worth a certain amount and leave it at my house for 20 years and it increases in value due to it being rare then how would the government know?
      How would they know the value of my house for that matter? They know what I originally paid for it, not how much home improvement I did over the years.

    • @rogerthornhill1491
      @rogerthornhill1491 3 ปีที่แล้ว

      Such a small amount of people explain why that matters?

    • @tiaandeswardt7741
      @tiaandeswardt7741 3 ปีที่แล้ว

      Well, kinda by definition, but yeah.

  • @wendychee4978
    @wendychee4978 3 ปีที่แล้ว +89

    Thank you for this discussion. Many, many more people need to see this.

    • @Jaymo00
      @Jaymo00 3 ปีที่แล้ว

      Yes this was a wonderful interview! Shame that we don't have more politicians like this in the USA

  • @metalextras
    @metalextras 3 ปีที่แล้ว +60

    This needs to be translated to every human language...

    • @philizeed8938
      @philizeed8938 3 ปีที่แล้ว +1

      I agree!!

    • @bodyguardik
      @bodyguardik 3 ปีที่แล้ว

      Lenin predictad that more than 100 years ago. Just *read Lenin*

    • @arkadiusztrzesniewski4237
      @arkadiusztrzesniewski4237 3 ปีที่แล้ว

      @@bodyguardik Every human language and beyond. Including klingon.

  • @Revolution-tl5wo
    @Revolution-tl5wo 3 ปีที่แล้ว +43

    This is an impressive interview. I really appreciate the thorough and substantial nature of the questions the interviewer asks; the way he gives plenty of space for his guest to answer fully and without attempts to re-frame what he says; and the quality of the answers given. Insightful and very worthwhile. Thank you!

  • @oneroyalpriest8784
    @oneroyalpriest8784 3 ปีที่แล้ว +70

    Marc, nice to see you again my friend!! CNN's loss

    • @emaak
      @emaak 3 ปีที่แล้ว +5

      Absolutely their loss !

    • @Nostalgia_Addict
      @Nostalgia_Addict 3 ปีที่แล้ว

      "my friend"

  • @jasoneverich8284
    @jasoneverich8284 3 ปีที่แล้ว +15

    I can't stop thinking about how awesome Yanis' kitchen looks.

  • @kaninma7237
    @kaninma7237 3 ปีที่แล้ว +64

    Chris Hedges, Richard Wolff and Yanis Varoufakis, three of my favorites. Thanks for sharing this!

    • @craig5261
      @craig5261 3 ปีที่แล้ว +3

      All Marxists... what a surprise

    • @patriciomalbran3737
      @patriciomalbran3737 3 ปีที่แล้ว +1

      @@craig5261 hahah these guys always live in an ecochamber. Thats why they dont understand economics

    • @hibye7385
      @hibye7385 3 ปีที่แล้ว +1

      @Hitme 2moretimes Wow, you really went all out on this moron. I applaud you.

    • @PK-re3lu
      @PK-re3lu 3 ปีที่แล้ว

      @Hitme 2moretimes Very well put! Excellent.

    • @skynet4496
      @skynet4496 3 ปีที่แล้ว

      They are still idiots, it's not the pandemic that causes poverty but the idiotic response of lockdowns that you support you sell out cowards

  • @williamhornabrook8081
    @williamhornabrook8081 3 ปีที่แล้ว +7

    I did an ECON degree. Yanis is an eloquent and accurate source of economic commentary whenever I see him.
    There is no one economist that we should all follow but Yanis is one of the more useful ones.

    • @ThePathOfEudaimonia
      @ThePathOfEudaimonia ปีที่แล้ว

      Which others would you recommend as well, William?

  • @Erwana1985
    @Erwana1985 2 ปีที่แล้ว +8

    mind-blowing interview, why it is not possible to find these kinds of interviews in the western media? He would have gotten maximum 10 seconds of talk time in any american network program

  • @brunemountaineagle
    @brunemountaineagle 3 ปีที่แล้ว +11

    Thank you Marc and Yanis for this discussion. As someone who played a major role in Occupy Wall Street with the Global Revolution Live stream team, this conversation is one of the most important I’ve seen since our movement almost a decade ago. I’m working on compiling my photos and videos to do exhibits and discussions in upstate NY where I live, now.

  • @kimmacdermotroe2957
    @kimmacdermotroe2957 3 ปีที่แล้ว +12

    Marc's well researched questions made this one of Yanis's most informative interviews.

  • @laurajames7809
    @laurajames7809 3 ปีที่แล้ว +22

    Excellent interview questions, host is smart and quick. Well done

  • @stevemartin4249
    @stevemartin4249 3 ปีที่แล้ว +20

    14:30 - Also a dirty little not-so-secret behind the kabuki-mask of Japan Inc.
    15:50 - The central Bank of Japan is doing the same thing through 'financial easing' under the cover of addressing the pandemic.
    18:30 - Kudos to Varoufakis for acknowleding on those his privilege of a boutique lockdown is possible.

  • @cityofgardenerssg318
    @cityofgardenerssg318 3 ปีที่แล้ว +19

    By making the poor poorer, the US have destroyed a huge sector of her market because the poor cannot afford the goods

    • @sacrificezone
      @sacrificezone 3 ปีที่แล้ว +3

      Consumer markets are growing in other parts of the world now (witness the growth of the Chinese middle class) so now corporations will sell to them instead of Americans...I don’t think it makes much difference to them...

    • @rext8949
      @rext8949 3 ปีที่แล้ว

      The US ?? The elites all over the world including the so called poor countries.

    • @cityofgardenerssg318
      @cityofgardenerssg318 3 ปีที่แล้ว

      @Thomas Hellberg China have created a market as big as the US by alleviating the poor at home. She is also helping Africa to become a market by enabling their economy through the construction of vital infrastructures such as roads, rails and electricity supply

    • @humboldthammer
      @humboldthammer 3 ปีที่แล้ว

      The corporations are global, and thanks to "financialization" they make more money borrowing at low interest rates and lending it back to the government, by buying Treasuries, for a GUARANTEED Profit. Works for THEM.

    • @StaggerLee68
      @StaggerLee68 3 ปีที่แล้ว +1

      They don't want you to get the goods, they want you to want to get the goods. You'll work harder and harder to get the goods until you are not useful to them anymore. When you break, you will be replaced. Sounds fun, eh?

  • @cinemaartsgroup
    @cinemaartsgroup 3 ปีที่แล้ว +17

    As long as our Politicians are in bed with Wall Street and Financiers, we will suffer. So be careful who you vote for!

    • @cathycrago2722
      @cathycrago2722 3 ปีที่แล้ว

      So true

    • @kidaria1333
      @kidaria1333 3 ปีที่แล้ว

      the financiers and intelligents services work and in hand and are so powerful these days every politican who goes against their agenda is going to have a car accident, drugs found in their office or something similar.

    • @robert-vx3jq
      @robert-vx3jq 3 ปีที่แล้ว +2

      does are vote really matter? who voted for biden or harris ,i cant find a single person ,who admits that one and trump was an act of desperation and failed strategy , i really dont think voters had much to do with ,dnc got exposed for a minute , but all forgotten so soon , they had more expensive strategy 2020/21

    • @lorrainewest7408
      @lorrainewest7408 3 ปีที่แล้ว

      @@kidaria1333 Aha The Pompeo CIA Man tra he said, We Cheat, We lie, We Steal. How Sad. Put it all together & it spells for me Doomsday.

  • @Ontheroadtourism
    @Ontheroadtourism 3 ปีที่แล้ว +5

    After watching so many woeful interviews this stands head and shoulders above everything I have seen.
    At last someone who has a real understanding of what is happening and is able to explain it in an understandable way.

  • @JM-xd9ze
    @JM-xd9ze 3 ปีที่แล้ว +27

    Great interview. Wish it was longer.

    • @edwardk3
      @edwardk3 3 ปีที่แล้ว

      In particular where they determined yanis to be a member of the "defective gender". I was particularly impressed that this got by the hate speech detectors

  • @vinm300
    @vinm300 3 ปีที่แล้ว +18

    2:30 "“They had learned nothing and forgotten nothing.” Talleyrand
    on the Bourbon monarchy.
    Louis XVI was executed after the French Revolution (1789)
    His son Louis XVIII was restored after Napoleon
    Louis XVIII died in 1824 and his brother Charles X became king.
    Charles tried to rule as an autocrat, disregarding the constitution.
    There was a minor protest in 1830 ; inexplicably Charles' nerve went, and he fled to England.
    Talleyrand wasn't referring to this episode but it nicely fits his apophthegm.

    • @amurdera4409
      @amurdera4409 3 ปีที่แล้ว +1

      When you distort the truth society goes into chaos

    • @andrelemire9915
      @andrelemire9915 3 ปีที่แล้ว

      The Prince De Talleyrand was very precise /idiots always stay idiots!

    • @HermesSonofZeus
      @HermesSonofZeus 3 ปีที่แล้ว

      Thank you for explaining this. I'm an archaeologist/historian, but my background is in a different field. Also: 'apophthegm' = great word. Thanks again!

  • @Len_J_
    @Len_J_ 3 ปีที่แล้ว +11

    Excellent from Yannis. Extra points from the host. Wow. Clearly very intellgent. Don't get this on the BBC. Fantastic upload thank you

  • @chrisgadsby5700
    @chrisgadsby5700 3 ปีที่แล้ว +6

    I love how Yanis speaks truth to power, even though my political outlook is different. Being European I've visited Greece and it's islands several times so I have great respect for his efforts trying to save his country from the EU. Btw I also have 2 of his great books.

  • @BoydGilbreath
    @BoydGilbreath 3 ปีที่แล้ว +84

    We are all in prison. This started about fifty years ago.

    • @NathanCroucher
      @NathanCroucher 3 ปีที่แล้ว +10

      Thatcher, Reagan?

    • @pauljacobson2207
      @pauljacobson2207 3 ปีที่แล้ว +4

      Evil Geniuses by Kurt Andersen

    • @GUSCRAWF0RD
      @GUSCRAWF0RD 3 ปีที่แล้ว +2

      😂😂😂 words spoken by someone who's never really been to prison

    • @thorkmunch
      @thorkmunch 3 ปีที่แล้ว +5

      @Mogulis Valar Shut up

    • @collybeans586
      @collybeans586 3 ปีที่แล้ว

      Thats how I feel!

  • @brainseagle
    @brainseagle 3 ปีที่แล้ว +11

    When the oppressed recognize their shared enemy as a philosophic pessimism about recognizing ones own humanity therefore others ability to recognize us. Make decisions on solidarity, unite the oppressed. Yonis is inspiring.

    • @rowlandmoris9000
      @rowlandmoris9000 3 ปีที่แล้ว

      Well with the crypto currency market favourable as it's investing now wouldn't be a bed choice

    • @rowlandmoris9000
      @rowlandmoris9000 3 ปีที่แล้ว

      I've seen different recommendations about Maxwell trading sevices, he must be very exceptional for people to talk this good about him.

    • @rowlandmoris9000
      @rowlandmoris9000 3 ปีที่แล้ว

      I think Maxwell is simply amazing. Making a profit of $22 in trade cycle with just $6k is just exceptional

  • @oyotundookubgegwa8790
    @oyotundookubgegwa8790 3 ปีที่แล้ว +15

    Well, maybe people wouldn't rely on Amazon and big box stores if YOU DIDN"T SHUT EVERY SMALL BUSINESS DOWN

  • @LLShiningOtter
    @LLShiningOtter 3 ปีที่แล้ว +5

    Manners and respect oh what a wonderful thing to hear between two people “will you allow me to challenge that” oh thank you thank you gentlemen I so needed to see a respectful discourse

  • @johnmcbride7743
    @johnmcbride7743 3 ปีที่แล้ว +46

    Presenter thinking well on his feet. Good job, mate.

    • @infinitysteppingstone331
      @infinitysteppingstone331 3 ปีที่แล้ว +4

      Both gentleman are so refreshing to watch compared to the garbage in most media.

  • @lennyemanuel924
    @lennyemanuel924 3 ปีที่แล้ว +9

    Great discourse. Kudos to the host for asking the right questions. Kudos to the guest for clear responses. Great work.

    • @rowlandmoris9000
      @rowlandmoris9000 3 ปีที่แล้ว

      Investing in cryptocurrency is one of the best ways to make money in trading

    • @rowlandmoris9000
      @rowlandmoris9000 3 ปีที่แล้ว

      In few years to come people will be kicking themselves in regrets if they miss this opportunity of buying and investing in crypto currency

    • @rowlandmoris9000
      @rowlandmoris9000 3 ปีที่แล้ว

      Well with the crypto currency market favourable as it's investing now wouldn't be a bed choice.

    • @rowlandmoris9000
      @rowlandmoris9000 3 ปีที่แล้ว

      W. H. A. T. S. A. P. P us for more interesting information tech. +. 1.8.4.8.2.2.8.4.8.3.4.

  • @user-lq2bs7gm2m
    @user-lq2bs7gm2m 3 ปีที่แล้ว +2

    I really cannot describe how proud I feel that this man is member of parliament in my country.

  • @iamme9107
    @iamme9107 3 ปีที่แล้ว +14

    Laymen should go easy and be kind to each other in these times. Everyone is hurting.

  • @deejay8ch
    @deejay8ch 2 ปีที่แล้ว +7

    My takeaway: Engaging with a technology platform (or a huge multinational corporation for that matter) is essentially having part of your associated wealth (attention, affiliation, time, money, personal data) extracted by a virtual autocracy aka doing a deal with the devil. We're selling our cultural, ethical, social and individual souls one digital interaction at a time. What a truly frightening cost for us all in the not so distant future (it's already beyond too much).

  • @PissMenn
    @PissMenn 3 ปีที่แล้ว +3

    This is the best discussion ever about current financial situation. Thanks ALJ!

  • @johannbrandstatter7419
    @johannbrandstatter7419 3 ปีที่แล้ว +2

    Honest, open, down to earth, not afraid to speak the truth - what a brilliant individual ! I hope we will see and hear a lot more of him in future. Europe, the people that is, would derserve a man like him, not the formerly unemployed and otherwise unemployable " nobles " that they push into so called leadership roles.

  • @jelmervandegraaff
    @jelmervandegraaff 3 ปีที่แล้ว +23

    I loved this interview but I can't get over the fact that Yanis would make a perfect bond villain..

    • @BabeTheAstrologer
      @BabeTheAstrologer 3 ปีที่แล้ว +1

      Because he is so sweet and nice?

    • @angeloconn1
      @angeloconn1 3 ปีที่แล้ว

      Hahahaha ur fakked

    • @kylewilliams8114
      @kylewilliams8114 3 ปีที่แล้ว +7

      "I'm sorry Mr. Bond, but the monarchy must go, along with the techno-feudalism that pays for your toys. You can join us in a better world, or you can disappear like the old world. By means of my SPACE LAZER!"

    • @mindcrusherxx
      @mindcrusherxx 3 ปีที่แล้ว

      Is he gonna hit Bond with Avada Kedavra while he's enjoying a martini? If there's a perfect role to cast him, that's Voldemort lmao

  • @alexluke_again
    @alexluke_again 3 ปีที่แล้ว +6

    what you were watching here is how interviews should be conducted. MSNBC, Fox News and the rest of mainstream media could learn a thing or two

    • @amandap9332
      @amandap9332 3 ปีที่แล้ว

      Problem is, those media outlets are working exactly how the corporations, who pay them, want them to.

  • @pt5820
    @pt5820 2 ปีที่แล้ว +3

    What a great interview fantastic job guys, I missed this interview until now. Thanks for showing it again.

  • @jokersmith9096
    @jokersmith9096 3 ปีที่แล้ว +8

    Monopoly with large corporations is inevitable under capitalism... So techno-feudalism = capitalism.

    • @zarodgaming1844
      @zarodgaming1844 3 ปีที่แล้ว +3

      no man ... that's the usual fallacy that once you notice it, you look at others saying it for years and feel very "pepega"
      A Monopoly birthed from a true free capitalist system only exists and keeps existing only because it truly gives the best service for the price.
      A Monopoly birthed from our government-run "socialist-wannabe" system inevitably makes that fight of competing against it actually illegal, not just hard.

    • @zarodgaming1844
      @zarodgaming1844 3 ปีที่แล้ว +2

      Notice the guy on the video says " get organized " ...
      Where do you think you have better chances of organizing ... in a free lazeir fair system ... or a socialist totalitarian state that holds the right to kill you and rob you of your proprety " for the greater good "?

    • @thunderforest2487
      @thunderforest2487 3 ปีที่แล้ว

      @@zarodgaming1844 Yeah, people need to understand what we have now isn't capitalism, it's rent seeking. There's so much misconception about capitalism and advocation for heavy government intervention in the economy, which never worked in practice. Sweden had a very heavy socialist economy in the 70s and it didn't work and they switched back to a capitalism based economy, which is how their current public programs are funded.
      People should advocate for laws that prevent rent seeking behaviors, such as reforming Intellectual Property laws and ban on corporate donations to government officials.

  • @trygverran8366
    @trygverran8366 3 ปีที่แล้ว +2

    Great to see these important voices platformed, speaking important truths.
    Thank you.

  • @Eusantdac
    @Eusantdac 3 ปีที่แล้ว +10

    Yanis is great! Always a pleasure to listen to him. Thank You Al Jazeera.

  • @diogenesdevletoglou6190
    @diogenesdevletoglou6190 3 ปีที่แล้ว +5

    Extremely well made interview here, superb mojo for both!

  • @zblofu
    @zblofu 3 ปีที่แล้ว +2

    Realy great questions! I love it when a journalist asks questions that I am actually curious about.

  • @dbsk06
    @dbsk06 3 ปีที่แล้ว +2

    Agreed. US “capitalism” is not capitalism, it’s techno feudalism

  • @nameless592
    @nameless592 3 ปีที่แล้ว +8

    Although am going to miss Mehdi Hassan am so freaking happy to Marc Lamont Hill

  • @Aria-pt7to
    @Aria-pt7to 3 ปีที่แล้ว +41

    Yannis Varoufakis looks like he just came from a 'techno-rave' party

    • @bazle64
      @bazle64 3 ปีที่แล้ว

      The black host is gorgeous

    • @ignacio5283
      @ignacio5283 3 ปีที่แล้ว

      @@bazle64 I'm male, hetro. but what you said made me smile. Good on you Dee

    • @MAM-pd9mx
      @MAM-pd9mx 3 ปีที่แล้ว +1

      the man is like Yuval Noah Harari but on steroids

    • @malechi1973
      @malechi1973 3 ปีที่แล้ว

      @Ari a because how a person looks is so much more important than what they’re saying, right? 🤦🏼‍♂️

  • @davidcanatella4279
    @davidcanatella4279 3 ปีที่แล้ว +2

    Money and equality will never live in the same neighbourhood

  • @prasadpapolu
    @prasadpapolu 3 ปีที่แล้ว +5

    Extraordinary clear vision! Unfortunately the world doesn’t appear to be benefitting from such great vision!

  • @angelrobinson334
    @angelrobinson334 3 ปีที่แล้ว +63

    *No 1: Don't Only Hope On Government's Responds On security Matter's And Economy growth,*
    *No 2: As An Individual You Should Be Safeguarded And Also Look For Different Self Business And Trade Not Only Waiting on Betterment of Stock market activities,*
    *No 3: Most Important Always Save The Little You Can And Think Of What To Do With It When It Become Good For Capital,*
    *Because Government Have Failed Us In Aspect Of Security, Economics Activities And Other Trading Systems.*

    • @maxwelljoshua7438
      @maxwelljoshua7438 3 ปีที่แล้ว

      @Frank Terry
      Yes sure Bitcoin trade is great unlike the stock market and other financial market Bitcoin has no centralized location since it operates 24hour's in different parts of the world

    • @juankeith9355
      @juankeith9355 3 ปีที่แล้ว

      Currently the rich stay rich by spending like the poor and investing while the poor stay poor by spending like the rich yet not investing like the rich

    • @lupitamary8973
      @lupitamary8973 3 ปีที่แล้ว

      Wise words that's just the fact and also what is happening day by day

    • @sarakaren2716
      @sarakaren2716 3 ปีที่แล้ว +1

      I'm just so Lucky to have Dr Benjamin as my investor he really understand all methods of Bitcion

    • @christianjessie1471
      @christianjessie1471 3 ปีที่แล้ว

      We get to see people remain poor due to ignorance and selfishness

  • @betaleonisdeneb4230
    @betaleonisdeneb4230 3 ปีที่แล้ว +4

    CONGRATULATIONS ON YOUR NEW SHOW!

  • @brianwheeldon4643
    @brianwheeldon4643 3 ปีที่แล้ว +2

    A great interview to use as a reference and measure against that which continues to happen world wide. Thanks to Yanis Varoufakis and Marc Lamont Hill the interviewer.

  • @quickenbeam
    @quickenbeam 2 ปีที่แล้ว +2

    Thank you for the excellent questions, Marc Lamont Hill! I salute you, sir!

  • @yoniwolf92
    @yoniwolf92 3 ปีที่แล้ว +24

    Yanis is such an intelligent man he is so on point and succinct when he speaks.

    • @pneron2032
      @pneron2032 3 ปีที่แล้ว

      Just like Lenin and Mugabe.

    • @Rb39-ej5hh
      @Rb39-ej5hh 3 ปีที่แล้ว +4

      @@pneron2032 Just like Nelson Mandela and Martin Luther King Jr as well. It can go both ways.

    • @pneron2032
      @pneron2032 3 ปีที่แล้ว +1

      @@Rb39-ej5hh What do Mandela and MLK have in common with Yanis?

    • @Rb39-ej5hh
      @Rb39-ej5hh 3 ปีที่แล้ว +1

      @@pneron2032 Besides from being good public speakers like Yanis, they were both progressives who sought to improve the material conditions for people. How does Yanis have anything in common with Mugabe?

    • @pneron2032
      @pneron2032 3 ปีที่แล้ว +4

      @@Rb39-ej5hh Yanis is a rhetorician and self promoter. A millionaire socialist who did a photoshoot in his luxury central Athens penthouse apartment *literally* drinking champagne when he was finance minister, when Greeks were *literally* starving outside during the debt crisis. But his rhetoric is all about the poor and downtrodden, so that is enough. It's words, not deeds that count after all. Right?

  • @trasher84
    @trasher84 3 ปีที่แล้ว +7

    Loved the books from this guy, truly inspiring human

  • @bobytubeify
    @bobytubeify 3 ปีที่แล้ว +2

    I must be late on this but that presenter got fired from a different channel for criticising israel right? Literally haven't seen him since and then he appears here straight into "why are billionaires the worst?" Glad to see he's able to just state his views unlike in the MSM in America

  • @cztrca
    @cztrca 3 ปีที่แล้ว +56

    lol. I talked about this back in Uni and they laughed at me.

    • @dominostimes2119
      @dominostimes2119 3 ปีที่แล้ว +10

      Bc they benefit themselves of that system they don’t have to fight to get it
      You don’t bite the hand that nourishes you

    • @glasrazuma933
      @glasrazuma933 3 ปีที่แล้ว

      They should. Former "minister of finance" of Greece is giving us lessons, really, he should be worried about his own country.

    • @cztrca
      @cztrca 3 ปีที่แล้ว +1

      @@glasrazuma933 lol. Thats partially fair. I think one of the bigger misconceptions about Greek finance policy is not that it is ruinous as many suggest, but rather the impact of the burdens of debt, and other integral outside factors can't be understated. The fact that modern day so called neoliberalism acts basically as a new form of Feudalism, is no longer a fringe theory.

    • @glasrazuma933
      @glasrazuma933 3 ปีที่แล้ว

      @@cztrca It is fringe still because those concepts are only accepted in far left circles.

    • @cztrca
      @cztrca 3 ปีที่แล้ว +1

      @@glasrazuma933 What parts do you disagree with and why?

  • @amania9254
    @amania9254 3 ปีที่แล้ว +8

    Thanks for the Real Journalism!
    So much respect!

  • @cryptout
    @cryptout 3 ปีที่แล้ว +4

    Well said Yanis, Techno Feudalism is a great term to describe these companies!

  • @charlessoper7686
    @charlessoper7686 3 ปีที่แล้ว +7

    I like Yanis, he tells it straight, even if he's sometimes naive about power brokers as his book reveals.

  • @rioyoman
    @rioyoman 3 ปีที่แล้ว +1

    Another great example of great journalism by Al Jazeera. Varoufakis is a unique intellectual of our era.

  • @xavilamo
    @xavilamo 3 ปีที่แล้ว +36

    Really like the journalist. here.

    • @chrissain3679
      @chrissain3679 3 ปีที่แล้ว

      Very Engaging movie from the beginning to the end apparently my view on the solution is to venture into business

  • @michaelmoss5040
    @michaelmoss5040 3 ปีที่แล้ว +5

    When Yanis talks, you listen, his economic vision, views is far greater than the many we hear.

  • @olfrud
    @olfrud 2 ปีที่แล้ว +1

    that interviewer is a real journalist. something rare these days.

  • @markd.holloman5187
    @markd.holloman5187 หลายเดือนก่อน

    Yanis is my most favored individual on the planet currently; thank you Yanis for your clear brilliance, and unpacking the complex topics of Global finance for average peoples. I look forward to reading your publications, especially Technofudalism.

  • @itisimatadvc
    @itisimatadvc 3 ปีที่แล้ว +3

    Reality is so depressing.

  • @transcribeded
    @transcribeded 3 ปีที่แล้ว +4

    Marc, excellent interview, buddy. You are a pro and I wish you all the best.

  • @eagle-wingedturtle201
    @eagle-wingedturtle201 3 ปีที่แล้ว +1

    Very refreshing to see this conversation in the mainstream

  • @foreigncontaminant2015
    @foreigncontaminant2015 3 ปีที่แล้ว +7

    Varoufakis, brilliant as always!

  • @mealexmailex311
    @mealexmailex311 3 ปีที่แล้ว +3

    An engaging convo... The guest is blunt and host is good

  • @dominickjvlogs
    @dominickjvlogs 3 ปีที่แล้ว +12

    Omg. I've been calling Ted Cruz a fuedal prince on Twitter all month. You guys are on it!

  • @Savantrez
    @Savantrez 3 ปีที่แล้ว +1

    Finally an intelligent conversation.

  • @cowboy-alex
    @cowboy-alex 3 ปีที่แล้ว +2

    Excellent discussion. Thank you.

  • @KootFloris
    @KootFloris 3 ปีที่แล้ว +5

    Mmm, it also began when Reagan released laws that restricted income gaps.
    It also began when we accepted the stock exchange as a gambling institute with few players.
    It also started when an accepted interest, like both the bible and Islam warn against.
    It also started when humans thought that personal achievement was not based on all the offerings of support and means around them.
    It also started when some started to exploit their own tribe for their own interests and got away with it.

    • @patriciomalbran3737
      @patriciomalbran3737 3 ปีที่แล้ว +2

      it also started with the appearence of the goverment...

    • @rockscaler99
      @rockscaler99 3 ปีที่แล้ว +1

      It all started with attachment beyond the current moment

  • @anthonycullen8633
    @anthonycullen8633 3 ปีที่แล้ว +3

    brilliant and insightful interview, and interviewer bravo to both

  • @LG-bs1rs
    @LG-bs1rs ปีที่แล้ว

    Hands down best interview I’ve seen in 6 years

  • @warrengosling
    @warrengosling 3 ปีที่แล้ว

    This is a fantastic interview that you'd never see on mainstream news

  • @dariostefanutto5780
    @dariostefanutto5780 3 ปีที่แล้ว +6

    I love so much the Greek accent that I'm kind distracted

  • @thelegendarykevininsales7589
    @thelegendarykevininsales7589 3 ปีที่แล้ว +10

    When did Marc Lamont move to aljazeera?

    • @nadinos
      @nadinos 3 ปีที่แล้ว +5

      someone here in the comments said he was fired by CNN for giving a pro Palestine speech on air

    • @MrGengad
      @MrGengad 3 ปีที่แล้ว +2

      @@nadinos Not surprised, he will flourish in Al Jazeera

  • @JagoKestis
    @JagoKestis 2 ปีที่แล้ว +1

    Yanis seems like a great thinker and speaker, and also I applaud the journalist/reporter for being on his game with his research and not just being a wooden orator of questions 👏

  • @globalnomad3488
    @globalnomad3488 3 ปีที่แล้ว +1

    Superb interview! More please!

  • @infinitecuriosity9210
    @infinitecuriosity9210 3 ปีที่แล้ว +9

    Excellent investigative reporter, great interview, open dialogue, loved it, just excellent 🇨🇦🙏🏻

    • @edwardk3
      @edwardk3 3 ปีที่แล้ว

      In particular where they determined yanis to be a member of the "defective gender". I was particularly impressed that this got by the hate speech detectors.

  • @petergrant6303
    @petergrant6303 3 ปีที่แล้ว +5

    Brilliant discussion between two good minds. Keynesian fiscal and monetary intervention during economic stress should be applied equally between Capital, Labor, and Rents, a la Thomas Piketty. And maybe a 4th split could be added for the "weak" members of society, the aged, youth, minorities, and women. This would combat and mitigate the "economic feudalism " described here.

    • @cmathews5909
      @cmathews5909 2 ปีที่แล้ว

      The monetary interventions "rises all boats" and "trickles down", Pete. But seriously, isn't capital and rental class one of the same? Lastly, for what I've understood two members of the "weak" were legislatively made so; had little to do with economic ability.

  • @TheCarlosgrau
    @TheCarlosgrau 2 ปีที่แล้ว +1

    What an example of a well conducted interview. Thanks

  • @F.W.I.S.
    @F.W.I.S. 3 ปีที่แล้ว +2

    Thanks Yanis for such an erudite interview!