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

Bernie Sanders and Yanis Varoufakis announce Progressives International, to counter rising ultra-nationalism

Bernie Sanders and Yanis Varoufakis (previously) (the "libertarian Marxist" former Greek finance minister who split with his party and resigned over their embrace of austerity) have announced the formation of a new global organizations called "Progressives International," designed to serve as a check to the rising cult of ultra-nationalist authoritarian groups. Read the rest