‘Capitalism is dead. Now we have something much worse’: Yanis Varoufakis on extremism, Starmer, and the tyranny of big tech

Greece has 6000 islands.

His lives in a house on one the 227 inhabited ones.

He pays his rent writing books and giving talks against capitalism., sharing what he learned in his time as Greek finance minister, when the EU and Germany were crushing Greece with debt and forcing neoliberal policies on them the detriment of its citizens and for the benefit of the banks.

What are your plans for today ?

Capitalism has a definition. He’s saying that the markers that define Capitalism (as opposed to Mercentilism, Feudalism, etc.) are no longer there.

Specifically he’s saying that you can now no longer be on the top rung by privately owning the means of production, which is probably the biggest hallmark of Capitalism.

When you consider the definition of fascism is (as defined by the comintern) "the open terrorist dictatorship of the most reactionary, most chauvinistic and most imperialist elements of finance capital.", it's hard not to feel we are sliding into an insidious, new and distinct, technological form of it.

I wonder if I'm making a mistake here by not reading this article. I know one must always be open to other ideas but fucking hell there are not enough hours in the day. So when this guy's first claim is that capitalism is dead, I can't take the rest of it seriously nor read it properly. I can't let myself afford the time to touch this link. Maybe my view was colored by thus comment here but meh, can't be bothered.