‘Outdated and unjust’: can we reform global capitalism? - 3 Quarks Daily

‘Outdated and unjust’: can we reform global capitalism? - 3 Quarks Daily

John Cassidy in The Guardian: Trump’s assault on the old global order is real. But in taking its measure, it’s necessary to look beyond the daily headlines and acknowledge that being in a state of crisis is nothing new to capitalism. It’s also important to note that, as Karl Marx wrote in The Eighteenth Brumaire of Louis Napoleon: “Men make their own history, but they do not make it as they please.” Even would-be authoritarians who occupy the Ov…

Our New Economic World Order & Europe's Suicide: In discussion with Glenn Diesen - Yanis Varoufakis

The hitherto US-centric economic model has exhausted itself, and Trump’s government is pushing to restructure the international economic architecture to maintain US hegemony. China is the main rival in this new reality, while the Europeans are becoming an impoverished appendage to the US. The Europeans could chart a more favourable path forward, except that they lack the political structures, the collective action institutions and, sadly, the mo…

Monday, May 12, 2025.- Yanis Varoufakis is an economist, former finance minister from Greece and author of numerous rn rntrvista supersales books with Professor Gleen Diesen. Varoufakis argues that the old US-centered economic model has been exhausted and that the US is pushing ahead...