7 Mar 2021

Yanis Varoufakis: Capitalism Has Become 'Techno-Feudalism'

"The top 0.01% is doing very well thank you and the rest of global society is suffering."

Al Jazeera: 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.

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.

1 comment:

  1. The experiment of which Yanis speaks was already attempted by the same cool people who invented the 40 hour week, paid overtime and the tea break, ...The German National Socialist Workers' Party when they ejected the Jewish banksters from Germany.

    The results were twofold. The first result was the greatest economic miracle ever witnessed in the last few centuries and the second result was explained in the UK PM Chamberlain's letters to the top US brass where he stated that Great Britain was being forced to go to war [World War 2] with a friend, with Jewish bankster knives at her back.

    I say let's try re-nationalizing banking [note that the US federal reserve and the Bank of England are both privately owned and not as their names suggest nationally owned] again but this time with our eyes open to the inevitable repercussions by the banksters.

    Note that failure is not an option, ...you can see what the Jewish banksters have done to the Germans ever since they orchestrated their slaughter in WWII. The victors write the story, even if it's complete bullshit like the holohoax.

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