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Cory Doctorow / 8:11 am Tue, Nov 13, 2018

Yanis Varoufakis on capitalism's incompatibility with democracy

It's a not-very-well-kept secret that elements of the libertarian right believe that democracy is incompatible with capitalism (tldr: if majorities get to vote, they'll vote to tax rich minorities and since rich people are in the minority they'll always lose that vote); and as this persuasive and fascinating lecture and Q&A with former Greek finance minister Yanis Varoufakis (previously) shows, the feeling is mutual. Read the rest

Cory Doctorow / 10:15 pm Sun, Jul 5, 2015

Greece says NO

The people of Greece have rejected the debt-finance terms offered by the "troika" (European Central Bank, IMF, European Commission), which would have required the country to slash its social services as a condition of continued loans to support the debt that previous governments amassed in the runup to the 2008 crisis. Read the rest