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November 23, 2014
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Tag: Yanis Varoufakis


Greek Austerity: Don’t Try This at Home!

Ironically, the very New Deal legacy that austerians work to euthanize in the U.S. is the chief thing that has prevented the country’s economy from completely crashing.

Posted on Feb 28, 2014 READ MORE



Can the Internet Democratize Capitalism?

Democracy requires a great deal more than “leveling.” It requires political institutions that enable the economically weak to have a decisive say on policy against the interests of the rich and powerful.

Posted on Feb 22, 2014 READ MORE



btckeychain (CC BY 2.0)

Bitcoin and the Dangerous Fantasy of ‘Apolitical’ Money

The crash of 2008 infused our societies with enormous skepticism of government and central bank authority. Naturally, many dream of a currency that politicians and bankers cannot manipulate. Bitcoin has emerged as the great white hope of something of the sort. Alas, that hope is false.

Posted on Dec 26, 2013 READ MORE


The Impracticality of Bitcoin

The presently unregulated digital currency has libertarians and currency speculators in a tizzy over the possibility of making a lot of money in a short time. Greek political economist Yanis Varoufakis tells RT whether there is any reason to believe Bitcoin, currently valued at $900, is practical for use by ordinary people and sustainable as a means of exchange overall.

Posted on Dec 23, 2013 READ MORE


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