Tuesday, May 10, 2016

Yanis Varoufakis on the fragility of democracy


https://www.ted.com/talks/yanis_varoufakis_capitalism_will_eat_democracy_unless_we_speak_up

Yanis articulates well many of the issues of the capture of democracy by capitalism and offers some suggestions for paths forward.

Better than anywhere else I've seen, he describes the cost to the worldwide economy of the mountain of unused capital aggregated via inequality.