Feudalism 2.0 | Yanis Varoufakis | TMR

[@esmaanderson1802]

Brilliant. Thanks for having Yanis Varoufakis on. He is fantastic.

[@miramuchachito296]

Why is he fantastic?

[@GeneralSamov]

@@miramuchachito296 For the same reason that compelled you to come here and write that troll comment. He speaks the truth.

[@bobbafett1849]

​@@miramuchachito296Mainly because he isnt a worshipper of capitalism.

[@akhalif68]

I respect YV for his depth & breadth of understnading of human history coupled with his deep understanding of politics, economics & psychology (this would included the extensive analysis of 19th century capitalism by "the one with the beard")...Over the last 2 decades he has exposed the intellectual & moral shallowness of the political & business elites in the US, Europe and Australia...Mark Blyth & Satyajit Das have also been ringing the alarm bells for many years...

[@miramuchachito296]

@@GeneralSamov come down honey. Everything fine. it's not that deep

[@sspbrazil]

Yay! Yanis finally on the Majority Report!

[@sspbrazil]

@Vesta_the_Lesser they’ve actually talked about him before, but they’ve never had him on his show, he’s been on David Pakman’s show twice though.

[@Rexini_Kobalt]

yanis on the majority report is beautiful. no matter where he goes, he manages to absolutely captivate his interviewers. he makes such complicated topics _very_ simple

[@Natty183]

Reality is so real, smacks us right upside the head lol

[@danielkanewske8473]

Genius! I will never look at tech companies the same way again

[@Justlib543]

Watching Yanis for a while. Great mind good human being🙏🏽

[@ramonserna8089]

Yanis is a brilliant mind. I have said for a long time that the attitudes we are observing right now from rich people seem like a regression to feudalism not capitalism.

[@no-ic5gw]

Capitalism was a way for the aristocracy to remain in power but not get killed in revolutions. Capitalism is feudalism, just with better lives for the surfs and more steps

[@Alister222222]

I am exactly the same - I've seen capitalism as just a different version of Feudalism, where it's the 'means of production' taking the place of 'land', and random people can capture the means of production rather than landed nobility inheriting it directly. But even if Joe Bloggs can capture the means of production, it's still captured; you and I can't then go and capture it, because resources like land, labor, and market shares, are finite. It's as fundamentally unfair as feudalism, but in a way that creates the illusion that 'anyone' can just step in and take control of the means of production. But the reality of life is that this isn't how anything works. Some people find themselves in situations where that is possible and that happens, but many equally worthy people will never be in such a position, and it's barely any different from some people being born nobles, and some people being born serfs. That isn't even touching the fact that wealth is inherited now in the way that land was inherited under the previous system, to the exact same effect.

[@mariadoloresgonzalezalvare2694]

Soy Mujer ..

[@ramonserna8089]

@@mariadoloresgonzalezalvare2694 bien por ti

[@colinbrigham8253]

Thank you Prof yanis also the black death played a role 😊

[@technologic21]

Yanis is fantastic. Please have him on more often, he a treasure trove of knowledge!

[@Max_Doubt]

TY Yanis! The 2nd law of thermodynamics applied to economics! Brilliant!

[@onar3d]

There's another fantastic author who also applies it in the most interesting of ways - Alf Hornborg. If you find Varoufakis interesting you will love Alf! I recommend his book "Global Magic", and there's several interviews with him on YT and in podcasts. His book was the first really novel way to look at technology, money and the economy that I've found in years. I really hope Varoufakis knows of him, I keep thinking I should send Yanis Alf's book as a gift, they need to be friends :)

[@LStrick]

lol 😂

[@hazardousjazzgasm129]

What Yanis says at 24:09 about the stimulus with zero interest rate is worth remembering. GM and other companies not investing the money but buying their shares back is a huge piece of the puzzle.

[@truthmonster3290]

bailouts have nothing to do with capitalism

[@hazardousjazzgasm129]

@@truthmonster3290 yet capitalists love them

[@Aveeguides]

@@truthmonster3290 Yeah, okay… So capitalism is a perfect system in a bottle and anything that isn’t inside the already perfect bottle you put it in can’t be defined as capitalism? Whether you like it or not, governments exist. And whether you like it or not, those governments are going to interact with capitalists. And whether you like it or not, the economic principals of capitalism do not enshrine it in a perfect bottle so that it can’t be touched by corruption. So whether you like it or not, capitalism is _very_ susceptible to corruption. Maybe if you got your head out of la-la-land where capitalism is a perfect system, you’d be able to look around and see how it has very seriously failed us. At best it isn’t perfect, and at worst-it has selected for capitalists to become oligarchic/feudal lords, who can’t be challenged by states.

[@master_spike]

@@truthmonster3290 Bailouts have nothing to do with capitalism... until capitalism comes knocking begging for a bailout. :D

[@truthmonster3290]

@@master_spike in your imagination, pay or get out

[@nostaljiturkce]

Love and respect for Yannis from Turkiye. I am always glad to hear what he has to say.

[@rajeshgowan846]

Love listening to Yanis , always great

[@disruptapps]

As a web developer and owner of my own LLC and former Intel employee, people need to understand what Big Tech is FORCING on humanity in the name of profits. AI is not for your benefit. The Internet of Things is not for your benefit. Automation is not for your benefit - its all about keeping semiconductor fabs churning and Big Tech in power and profits. Humanity got along just fine without EVERYHTING being forced on the internet, appified, SaaS'ed, blockchained....Big Tech is no better than junk food companies now and are now a detriment to society, not a benefit. Big Tech is no longer making any 'real' innovation - its just making gimmicks to sell to people and entrap them. I wish more people would listen to me.

[@inammani8948]

Believe you, will be good if you make a deep research and published we need to know more about what really happens

[@mariontroia1471]

Great posting, thanks. Have you read Cory Doctorow on the tech monopolies?

[@AGirlofYesterday]

Hell, I wish more people would simply be *skeptical* of big tech and AI. Just questioning the benefits would be a good start!

[@disruptapps]

@@AGirlofYesterday Big Tech is no longer putting out real innovations that improve people's lives - that 'real innovation' ended around 2010's - now Big Tech is just selling gimmicks, rehashes and detrimental products and services for profit's sake. They have turned people into nothing more than consumers based upon old 'planned obsolescence' principles and furthermore, are collaborating with other industries to 'appify' and connect everything to the internet in order to harvest your data. Its disgusting and unethical. Thanks for your reply.

[@GeneralSamov]

Every technology is for everyone's benefit. It depends what you use it for. You could have made the same point about the pc, the internal combustion engine, the steam engine and even agriculture.

[@subcitizen2012]

Sweet, it's always nice to have an ongoing follow up series. Super approved. Should just have Yanis back once a month or every 6 weeks or something. Make him an honorary member of the show lol

[@Damacles9]

Totally agree!!

[@grilablitznet3574]

I Will always tune in to hear what Yanis Varoufakis Has to say. Very intelligent and thought provoking.

[@redflag4781]

Yanis is one of the most important voices on the left today. I don't always agree with him, but he is never less than thought-provoking.

[@mariadoloresgonzalezalvare2694]

Ya no puedo mas , Yaniss Than you .🌹

[@DC_daze]

As a digital cloud peasant, I found this video very interesting. Thanks MR crew!

[@danielmelo389]

Yanis is brilliant, excelent interview

[@xxZoolanderxx]

Fascinating listening to him.

[@joeldwest]

Love love love you Yani

[@subcitizen2012]

This was also called neo feudalism not too long ago. Yanis has matured this concept adapted to today's technocracy.

[@PANOP123]

Love this man! Thank you for having him on! Brilliant conversation.

[@Simouno]

“Sometimes the first task of intelligent people is to restate the obvious.” Thank you for demonstrating your intelligence through an enviable intellectual honesty which in this era, where dishonesty is a distinctive feature of the press and politics, represents an oasis in a suffocating desert

[@totlyepic]

Glad you guys are finally covering this. His talk about this from a year(?) ago was great. Edit: Still watching, so maybe this will get addressed later, but I'm not sure I'm behind Yanis' claim that a lack of means of proving identity is responsible for this situation. Most services still allow you to sign up via email (which doesn't cede as much to these corporations as logging in via, for example, facebook), and even if none of them did, the technology still exists to prove your identity; it just isn't used in these contexts (by design, as a result of the power these corporations ALREADY held).

[@KingslayerSrb]

"Signing up via email" doesn't mean anything - you still have to sign up at the target platform and that target platform owns your identity. An email is just a point of data in a table somewhere that represents you, in that platform. But there is no way to take that identity data out from platform X (no pun intended) and move it to platform Y, because data is not linked and/or centralized. I've worked in IT for 15 years, and I've worked with brilliant engineers who figured out a long, long time ago that the lack of general authentication mechanisms is one of the biggest issues on the Internet (talking years 2012, 2014 etc). One of those guys went on and created his own company, that aimed to create a generic auth mechanism and identity tied in to your mobile phone. Of course, he and his investors then figured out that this is impossible to do a) without assistance from mobile operators and b) without getting a blessing from big tech (and you won't get this blessing due to reasons Yanis explained). In the end, they opted in for option a) and literally partnered with a couple of Asian mobile operators, thus creating another fiefdom in itself, the very thing they wanted to prevent. Its a losing game.

[@Alberto-mf4cb]

"History is the result of unintended consequences of various choices that were made". Great quote

[@akhalif68]

This should have been a much longer discussion as a number of important issues werent discussed...

[@tommysjoberg1268]

Yeah this was Brilliant I have been waiting for you guys to have Yanis on. If you havent heard of her "Grace Blakely" is also a great person to talk about the faults of capitalism. and her new book "Vulture Capitalism.." is awesome as well and well worth a read.

[@angryherbalgerbil]

"There was no such concept of quitting and leaving. It was very simple; brute force" The Company store replaced this model as we moved into capitalism. Reference the Ludlow Mascre. Fuedalism = Hard Tyranny Democratic Capitalism = Soft Tyranny Stay in your sovereign soul. Always exercise free will! Better to die free than live in servitude!

[@TheCorneliuscheck]

History never repeats itself, but it does often rhyme... Mark Twain should have added that this happens when we refuse to learn from past mistakes, and fail to transform the world into something better.

[@jonw7214]

I'm a simple man. I see Yanis, I click.

[@hello_sunshine19]

I'm a simple woman. I see Yanis, I click.

[@bigrob1887]

I'm just simple 🤪

[@miramuchachito296]

A simple man? Come on. One of the wealthiest greek politicians. He 's the Hasan Abi of politics. La gauche caviar like french people call them

[@hello_sunshine19]

@miramuchachito296 you mean that anyone who speaks about the faults of the system should be powerless and have no money. We powerless and living in poverty have been screaming about the faults of the system for a long time, and it got us nowhere. Maybe those who are well off, got the attention of the media and talking on our behalf might make a difference. Is there a particular way, those who are suffering under this system can get you to see there's a problem here and he may be right? What's the proper way of protesting our plight? Cause if we're broken by the system, you other us, and if someone who's managed to make money speaks through the system, you call them a hypocrit.

[@ceciliamatos3288]

@@miramuchachito296 Stop trolling and get a real job … guess trolling is “the job”. If that’s the case-you need to enlighten to a higher purpose.

[@worschtebrot]

What an amazing talk. Thank you guys for hosting Mr. Varoufakis und thanks to him for sharing his thoughts with us. It's funny that he mentioned Luddites. Adam Conover talked with Brian Merchant about Luddites not too long ago and their story should resonate with Mr. Varoufakis.

[@maxbrane]

Yanis has a great speaking voice; he's a pleasure to listen to.

[@beaconwarriorsaintsr.921]

Greed is killing everything

[@tonybenn1000]

Uncontrolled Greed.

[@edhero4515]

Incentives that are unaligned with the interests of mankind.

[@joeldwest]

Crapitalism breeds greed

[@Dinofaustivoro]

I follow this guy so much I came around the same idea about "virtual citizenship" myself

[@Damacles9]

Love your Varoufakis interviews. More, consistently! ❤

[@Mcwangr]

Great interview. Thank you MR team

[@yaredteferra7630]

Love this guy

[@stopmakingsense27]

Great Interview!

[@derekwhite2929]

We can't go back to feudalism, we've never left it; just transformed & developed it. 😢

[@Ezrablynx]

My man, keep your questions clear, concise and to the point. Half of this video feels like you stumbling over your own questions for Yanis.

[@sabvrao]

Yeah , so painful. I am amazed at how Yanis even kept pace with the meandering long winded stuttering and stumbling through the questions …

[@stewpacalypse7104]

Please invite Yanis to be on the show more often. This was as good as any economics class you could find.

[@harryparadise615]

Waiting on my copy of this to be delivered!

[@DrippyDerp]

Love this perspective from him.

[@adalbertthomalla4887]

Rents exist in the economical chain on different levels. Taxes. "Oligopoly" within the white collar staff. Taking insurance as example. In lots of products the part of the insurance premium is "eaten" by the labour costs (especially acquisition costs). The profits parts are a lot minor to that. Cloud Platform economy has huge potential to destroy jobs which are currently just rent parasites.

[@angryherbalgerbil]

Karl Marx predicted in his Essay on Man and the Machine that: "As soon as there is a technology that can reproduce it's self swiftly, is easily replicable, easily sharable, and can be repaired cheaply, that it would be a direct threat to capitalism. Essentially he predicted digital technology without knowing what digital technology was. He was thinking mechanistically, and automatively. But he has once again been proven economically correct. Circa 2000 median incomes decoupled from growth. This was always thought impossible. Computers and the internet resulted in conplex financial manipulations alongside automations which caused wages to stagnate whilst profits sky-rocketed and went into shareholder takings and off-shore accounts. Human greed played a significant role, as did class hatred from the aristocracy. Technocracy was considered a policy too extreme for Hitler, yet here we are. The implications of the last 20 years still haven't dawned on most people. We always sell away our humanity the more that we elevate convenience, materialism, and greed.

[@truthmonster3290]

karl marx was an antigentile whose psychopathic theories led to the democide of 66,000,000 Europeans last century. Never Again.

[@RadagastilBruno666]

Fantastick!!!!

[@a2zin125]

I love this man, his intelligence and his integrity!

[@sambaxrock]

Yanis for president!

[@samlazar1053]

The techno feudalism that sparked ww2 and cold war has carried all the way to today. Back then it was practiced by a few great powers...now its a global thing

[@caymuscairns6845]

I always remind people that the Land owners in Feudalism were bestowed their land (means of production) from blood ties. Only your children could inherit the land, not even the most competent of people could legally own the land. This embittered many in the quasi Capitalist merchant/artisan middle class in the latter 17th and 18th centuries. That denial of merit and fairness led that capitalistic middle-class of people to mobilize the peasantry and proto-proletariat to enlightened, liberal, capitalist, and democratic Revolutions that would manifest into the English (Civil war), American, and French revolutions.

[@ceciliamatos3288]

I 💯% agree with the 1st paragraph and 90% with the rest. There were many other factors to consider, events such as the plaque, the Crusades, alchemy and the beginning of trade associations (blacksmiths, brick-layers, trade connections, medicine and the dawn of scientific study to name a few). All of these impacted the end of feudalism but Yanis’ “sheep example” brings light onto a major and abrupt impact that I could not have thought of before! Bravo

[@ronrice1931]

You know, I have disagreed with Mr. Varoufakis in the past, but one thing I have never done is interrupt him in the middle of a sentence.

[@q__________]

Excellent interview. very informative

[@tslatrader4331]

This is Stefan Molyneux's good twin

[@derekwhite2929]

Janis's got a clearer view of what's really going on although challenging is actually probably more accurate than most. If you want to see a graphic demonstration of the enclosure go up on the bridge over the dual carriageway besides the George Elliott hospital and have a look at how Nuneaton's laid out around the old mill!

Happy I can vote for his party in upcoming EU elections 🎉

[@wmmaw]

Any idea why is Elon Musk's name distorted in the clip? 39:13

[@yeahk241]

His take on having conglomerates & banks verify our digital id & comparing it to passports is great. 11:30 - 13:00

[@davidm1926]

3:38 - Sam casts himself as a Duke. We're all temporarily embarrassed elites.

[@susim4503]

Great guest!

[@angryherbalgerbil]

Vanis is entirely correct! I've said the same, that what we're seeing is a return to pre-industrial ways of trading. His sheep analogy fits this theory perfectly. The precursor to industrialism was the "Domestic System" also known as "The Putting Out System" as it displaced people from the land in order to corral them into factories and cities. Prior to this there were the cottage industries. Where people could ply their crafts, Arts, and trades from home and make a stipend income. The domestic system saw middle-men combine these disparate crafts in order to make more refined products. With the internet and digital technology anyone can today manufacture their own goods and start a business from home, but reach a global audience. Essentially the outcome is what I've referred to as the "i-cottage Industry". Which again further evidences the shift into this post-capitalism/neo-feudalism landscape. Another feature of this new societal shift is that fascism and communism begin to merge. Uni-party politics arrive as an outcome of networked information and data systems. Algorithmic mapping of social and economic controls result in the 1984 outcomes that we're seeing. To avoid the dystopia, it them by nevessity forces people to find ways in which to liberate themselves and create value in their own lives. Rather than be squeezed out by this new shift. A shift which by default will replace more and more specialised roles that once could not be automated. Shifts such as these typically involve revolutions, civil wars, and world wars. The fight for freedom and humanitarianism once again resurfaces. Ironically it has been information, technology, and science without constraint that has resulted in the potential for a new Dark Ages, and not supression of these things from the Catholic Church. It's not a bright picture painted for the next 300 years or more unless people find ways to push past the algorithmic tyrrany and authoritarian controls of oligarchy. As E.O Wilson aptly said "The real problem for humanity is that we have paleolithic emotions, medieval institutions, and god-like technology. And it is terrifically dangerous, and now approaching a point of crisis overall." Our medieval systems are at odds with our globally connected technologies. Hence why nations are seeking to replicate tge Chinese model, and to stymie "the serfs" from breaking out with business models not owned by stake-holder oligarchal controls. Until the world can fully be rid of the medieval mindset, then this pattern will simply repeat. It's our confinement within economic thinking that doesn't allow for us to operate outside of it. Energy independence at the household and community level will be key towards managing this shift in ways which still safeguard human liberties and freedom.

[@The1JTA]

He definitely got my agreement to that the bankers should not have been saved in 2008. Banking - not the banks - and definitely not the "financial institutions" or the insurance institutions. The "market" was correcting (by punishing) the people and institutions abusing the market. We could have used that period to re-invent a healthy market in the fully connected world,

[@ZenBen_the_Elder]

'The social media platforms created by the cloudalists are depriving us of the capacity to have a civic debate' 46:46-49:09

[@truthmonster3290]

yes, because of all the censorship from radical left wing extremists.

[@Alister222222]

This interview had the same vibe as a really interesting university lecture. We're truly fortunate to be able to listen to it.

[@meeranraees3183]

Mr yanis including justice group and Greece joint venture group COUNTRIES of general scientist globally peace

[@adalbertthomalla4887]

Overall. What Percent of Value in the chain steels the techno feudalism? 30%? 10%?

[@sookendestroy1]

The Fallout TV show ironically on amazon and the series as a whole is a great example of this concept just without the cloud aspect. When corporations own everything, when they have reached the absolute end of profits and profit no longer matters since they are everything, what do they do then? They either seek power, though by maximizing profit you destabilize every system lesser than you, so you choose to destroy that which you cant control and rebuild in your image. The series is actually funny enough a lot like current day, mega corps own everything and you cant exist without using their services, china and the US are at war over sanctions, the EU collapses and starts infighting and lashing out due to climate change and outside pressure, resource wars are at a peak, society is collapsing, moral panics entrap high society and the media. Corporations and select government officials use the end of the world as a means to destroy the capitalism they used and the order that exists in order to build their own in the next world where they hold absolute power. We already see ultra powerful wealthy corporate types like Zuckerberg building their apocalypse bunkers.

[@ZenatiOmar]

Yanis is an amazing guy his Opponent was Jeroen Dijselbloem from the Land i live in Netherlands and Dijselbloem was an arrogant smal narrowed and dont know so much about Economy like this Greek man

[@mokona034]

damn i wasn't aware of how importan sheep and sheep owners were to capitalism

[@Endoterrestrials]

There is US e-auth but no company is going to use it

[@j.shaikh1961]

Isn't it the most sincerest apology??? You have seen. Now as the US president take this rude apology to Jacob Flinkingar's parents - still healthy enough to mourn their head-strong son for decades to and worry about and help their young 5:17 widowed daughter in law raise their 18 month old grandson Jasper. . . The apology . . .included a phrase " this happens in war"

[@raynaldorusi8873]

Love this. Reminds me of Jello Biafra’s ‘New Feudalism’

[@ruukinen]

It's not brute force that kept the peasants where they were. What most peasants worked with was the land. If they moved elsewhere, they would have to work on someone elses land. Once your productivity was no longer tied to land directly, you no longer wanted to have peasants who were tied to their land. Since productivity skyrocketed you produce a bunch of excess goods that you needed someone to peddle to, paying your labourers a wage means not only do you now attract the labour you need, you also have a market who to sell goods to.

[@ruukinen]

@@nevermorebouquet3681 Maybe read a book about it?

[@ruukinen]

@@nevermorebouquet3681 How did you get that to be my main point? "domestic consumer base." That was the added benefit?

[@ruukinen]

@@nevermorebouquet3681 This is a hundred years later. Are you telling me there is no consumer base in central Europe? What are you on man? Skoda auto was established in 1925. Making consumer vehicles. You telling me insudstrialization in the current Czech Republic started earlier than 1825?

[@SW-fk3rb]

Wow, Yanis on the Majority report?? Awesome

[@pubguc6771]

Uk said not finishing game related general scientific in Pakistan

[@normalizedaudio2481]

Sam is the Duke of whatever.

[@GGSOG]

The Duke of Dunking on Dave Rubin or The Duke of Downing Conservatives

[@imnotanalien7839]

One good thing about capitalism, is you do not have to participate. You can get in a car and twirl around town to find what you want, or you can use the mail service to pay your bills, or use your phone instead of emails. You couldn’t do that as a serf on land of the feudal lord. So capitalism is an improvement over that. The population is at 8B… in large part because of technology driven by capitalism. To some that is also proof of flourishing under capitalism. Bezos, Ma, etc. provide a service…for a fee. But that is a choice, you are not forced to use their service. Just as PayPal, Visa cards, are a service. You can pay cash if you don’t like their service.

[@samuelrosander1048]

When you look at them without focusing on the details, feudalism's power structure is almost identical to that of capitalism...and republics. You can describe any one of those three, and then swap out key words (lords/peasants = owner/employee, president/governor = king/lord, etc) to very closely describe any of the other two. Republics and capitalism are each only baby steps away from feudalism designed to ensure that the people at the top stay at the top, and the people at the bottom take the blame for all of the failures and evil deeds of those at the top because (capitalism) "if people didn't want our product (that we manufactured demand for) then we wouldn't be polluting or creating dystopian conditions, so it's really YOUR fault as consumers, and your responsibility to change things," and (republic) "if you wanted better conditions and less fascism then you should have voted harder, so it's really YOUR fault as voters, and your responsibility to find better rulers, sorry, 'leaders' to fix things for you (because obviously you can't be trusted to do it yourself, and we'll work really hard to make you believe it)." When you focus on the details they're not fundamentally different. More rights and different people at the top doesn't change the power dynamics. More rights doesn't mean the public has more control over either the economy or the government...and even in more "liberal" republics like in Europe, those rights aren't guaranteed, such as it being against the law to protest the STATE of Israel for its heinous actions. Just as in feudalism, the only way that the government or the business will actually listen is if enough people get together and create sustained, heavy pressure that can't be ignored and threatens the hegemony of the entity in question. The response is almost always 1) violence, 2) lip service when violence doesn't work, and 3) crumbs when lip service doesn't work. In all three, the hierarchical entity is not there to serve the commoner, but to serve the 1) owners of capital, 2) owners of land and collectors of rent, and 3) old-money aristocracy. In countries that claim to be "proletarian," those groups are merely replaced with "the party," rather than the power dynamic being done away with entirely. Yanis still has some great stuff to say about things. People just need to understand the system called "republic" and how it isn't all that different in power relationships to feudalism, and the system of capitalism and how it also isn't all that different in power relationships (and structure and behavior and motivations, even) to feudalism. Edit: Except for his use of "socialism for the X." Socialism isn't "welfare and free stuff," but economic and political democracy for the workers. Republics are "bourgeois democracy," but the bourgeoisie are not the workers. "Socialism for the bourgeoisie" is just "bourgeois democracy," the thing they've always had since overthrowing feudalism. Call it "welfare for the X," because that's vastly more accurate/appropriate. Edit 2: The solutions he proposes are just band-aids to capitalism that have to be forced onto the owners, which will only be plausible if the government itself is taken over by the working people. Anything done by a government that is distinct from the people can be undone without their consent on behalf of the people it actually serves, which in this case is the bourgeoisie. In short, these proposals, while they sound good RELATIVE TO WHAT WE HAVE NOW, are just temporary fixes to the larger problem, and there is no proposal for how to actually 1) get people organized to actually push for them, or 2) how to actually change the political conditions so that the state will do the deed. It's all theoretical, not practical, and that gives me a sad face. If we're going to talk about theoretical we might as well talk about systems that don't rely on markets at all. If we want practical and theoretical to actually come together, we should actually be talking about developing a new system of government AND economics from the ground up, starting with organizing communities around democracy, rather than trying to repurpose the existing and very broken (by design) system to "suck less." There is a lot more use in talking about organizing around democracy to actually force change than in talking about possible end-games with no notion of how to get there (like how to get enough popular support to force change in a system where the masses are brainwashed to defend the status quo even as they recognize how bad it is). "Putting the right people in power" has never been a viable strategy for anything other than maintaining top-down control.

[@Damacles9]

Great insightful comments! I wouldn't mind seeing you on the show also. We need a sea change, not just to see change, but to build a system that transcends fear, death, and needing a flag bearer. Alas, the techno priests will build a "benevolent king" AI, but GIGO, true techno feudalism.

[@samuelrosander1048]

@@Damacles9 Thanks, but I 100% could not appear on the show, even as a 5 minute caller. Not without a script, anyway. I am what I call a "lack-wit," which is nothing to be ashamed of but is often used as an insult for people like me. I can't keep up with people in verbal conversations. I actually try to avoid voice chat whenever possible for that reason. I need time to process information, and if it's something that requires particular information I need to do research to make sure I'm remembering correctly or am not mindlessly repeating talking points. There's more to it, but I've got various issues that keep me from being good at conversation. (Digital) Writing is a totally different story, though, but I still need time to process and research. My advocacy includes people like me for that reason: not everyone can participate in democracy in the same ways at the same times and places. Plenty of people have disabilities or things that make it hard for them to do the "social" part of the ism. I've actually fleshed-out a method to create a democratic society built on common, community level democracy for both social and resource governance (rules, accountability, etc), including explanations for why I think things should be done that way (generally; advocacy like that that is the best I can do to contribute to the movement because of my social issues. It's a very general guide because no two communities are perfectly equal), and a little bit of (also explained) theory to back it up. If you're interested in that, there's a blog and website linked to my profile. And take this as my written permission (which should also be on both blog and site somewhere) to plagiarize it in whole or in part, as long as it doesn't go behind a paywall. I don't have a domain/webhost service, so it's not actually searchable on any search engine. Maybe one day. Oh, and there's a summary post that summarizes all of the posts so far for people who want to know the general point before deciding to put in any time reading.

[@VancouverVince]

No affordable housing available in NATO countries. This guy is completly right.

[@seanpatrick1243]

Yanis more eloquently and completely describes what I have been explaining to those close to me for decades. But, I do not blame capitalism, per se, but the form of crony capitalism we have let run rampant.

[@diggysoze2897]

Nonsense. Capitalism is the system in place, and just like an abusive relationship, we only hurt ourselves when we excuse its eccentricities and atrocities. Communism and socialism are the safeguards that keep capitalism from devouring society. Without all three of these systems we will see one segment of society meander, then stagnate, then outright collapse.

[@seanpatrick1243]

@@diggysoze2897 Well, that was about as clear as mud. What was that first word in your comment again? Try harder.

[@edencardim]

Tim Berners-Lee is the creator of HTTP, BTW

[@angryherbalgerbil]

Not only do the digital-serfs not get any restitution from these digital oligarchies. Neither do the tax systems which maintain infrastructures such as waterworks and roads. And this is the entire problem. A "Land Lord" had to ensure that the effective running of the land, and to some extent the weldare of the people, was maintained. A digital oligarch is disconnected from the people and the land and as such has no need to maintain such things. Likewise monarchies were at least bound by certain ethics and moral rights, likewise by laws negogiated between the Lords of the Land. From this there was a social contract formed between the higher moral good informed by church and faith, and the practical necessary good informed by economics and welfare. This too is completely abolished when free market capitalism and unregulated technocracy entirely eradicate those moral and societal constraints. The result is greed above all, with no concern over the moral or humanitarian good. Instead those morals are inverted in order to gain further hegemony; health is then weaponised and monetised, farming becomes chemicalised and de-naturalised. Essentially psychopathy becomes the defacto principle and "might makes right" is the motto. The more that we elevate the synthetic, the more we denegeate the natural. The more we veer from our humanity, the more we veer from morality. Where the naturalist fallacy incorrectly assumes that everything natural is good. The technoligical fallacy makes the entire same mistake with technology. It isn't a matter of being "a luddite" Yanis. But a matter of seeing holistically and not systematically. And this is the tragedy of economics; it locks minds into reasoning only in terms of logic systems, and in terms of power/survival/greed/affluence dynamics. Ultimately morality or the wider benefical develioments are overlooked due to short-term greed and power gains. Nature and biology are still systems. Oyr economics are concepts, concepts exist in the mind, the mind in the body, the body in the environment. Ecology and biology are the meta-system, economics is a sub-system. To continue seeing economics as the means of subsuming the metasystem is it's self a logical fallacy. A sub-system cannot subsume a meta-system. So simply put; Luddites are only an outcome of imbalances, whereby the psychopathy of greed and control neglects the necessity of balance and a hollistic duty if care. Any short-term gains soon collapse as the systems cascade sets in; people lose income and food, infrastructure collapses, rebellions, riots, revolutions occur, and the power concentration becomes ineffective due to it's own success. Who cares about amazon or google when their home is being robbed, when their children are starving, when health care and legal structures collapse, when their rivers are filled with sewage, and when their lands are poisoned with chemicals? You cannot eat a dot com. An Amazon or Google won't repair the roads. So centralusation and privatisation ultimately have no responsibility or duty of care towards anything other than share-holder profits and employee welfare. And as the masses move towards survival concerns, then the revenue of the oligarchs declines, employee welfare likewise declines and the hegeminy ultimately collapses. Nations have a duty of care towards their people, a corporation is in competition with nations. Globalism and supra-national governance is a direct threat to licalised welfare and natural balance. It's not a matter of being a luddite, or a technocrat. Think broader. If ecology collapses, there is no economics or technology. To argue "I don't care if the NSA or anyone has my data" but then not see that this mis-application of technology is the very unethical problem that discards morality, and humanitarianism. When both governments and corporations have no care for human rights, the environment, or even the maintenance of their own infrastructure, then everything collapses. And what does that collapse profit google, amazon or facebook? The digital reality cannot mask the actual reality. And public wealth is transferred entirely into private wealth. Wealth which will only be put to use for advancement of that private interest. The need then for parallel systems and new ways of thinking emerges. Energy independence at the household and community level is one way of thinking. Localised controls and public efforts are required in order to rebuild societal and social welfare. This is the only counter-balance that can provide freedom in place of serfdom. When people use the tools, rather than allow tools to use them. That's when the balance moves from tyranny to liberty. We aren't luddites, technocrats, naturalists, economists, caputalists, marxists etc. These are all concepts, linguistic exuberence by which to direct reasoning into a constraint. We're human, we are living creatures, with reasoning and empathy by which to intuit the necessary actions needed within our environment. The "luddites" simply saw how their income and livelihood would be removed by the windmills. Just as many people today will see how their livelihoods are removed by AI and automation. Ultimately this forces change, and that change will always favour the majority outcome that provides the most overall balance and wellbeing. The luddites weren't stupid people, they were astute enough to see the problem and the impact it would have in their ability to feed their families and keep their homes. Technocrats like to throw around the phrase "luddite" in order to talk people out of their best personal interests. It's 1984 double-speak. A "luddite" is simply someone who understands the inhumane imbalance of technological shifts that wilfully discard the wellbeing of people for profits and greed. Psychopathy and machine minds go hand in hand.

[@ceciliamatos3288]

WOW💥 Just had to screen-shoot your comment to digest it tomorrow! (at present I need toothpicks to keep my eyelids open) Just took a quick glance and I know it’s a worthwhile endeavor💥

[@breakbeatkid]

a greek talking about sheep on a ship was difficult to follow for a minute :D fascinating

[@6Diego1Diego9]

has anyone read the book? is it good? I know he has a lot of material

[@weareallthesame7924]

He is a professor of economics and the former finance minister of Greece.

[@6Diego1Diego9]

​@@weareallthesame7924 I know, I'm asking about this current book he released.

[@TedThomasTT]

I got the audiobook, it's really good.

[@annamaedevlin1713]

GOD BLESS YOU YANIS! You have to walk through SHIT to get your point across!

[@thomasjaggers3576]

I am naming these infused cookies. I just made "Baked Emma's"😊

[@IMatchoNation]

The Chad Varoufakis.

[@Mohammad-Darwish]

His point where he says that when he clicked the link he needed to choose an account that the options of identity were on corporate platforms is resolved by web3

[@j.shaikh1961]

Hand it to John Galloway to speak about no one would, so I have above put the links of his comment and BN video JG refers to. . .

[@billybigwig1154]

Left is best.

[@ronnysmobilephone]

I'm a Socialist. Socialists do advocate for the breakin up of large corporations. We advocate for the working class to confiscate the corporation and put it to use to make social relations better. First step is nationalization.

[@Historia.Magistra.Vitae.]

You are a Marxist, not a mere socialist.

[@zxcaaq]

Yanis Varoufakis is a legend godspeed.

[@meeranraees3183]

What is joint venture group COUNTRIES not available for arrangement of general scientist ceo of general scientist globally peace shipting to Saudi Arabia

[@GCKelloch]

Regarding democratizing the workplace, including the production thereof that affects communities, shouldn't we replace the stock market with a democratic (one vote/person) tax-funded investment pool?

[@feelthebern3783]

You could, but you wouldn't need to. That's called taxes. Taxes are already invested into public research, all the time. The Stock Market is just a casino for the ultra-wealthy and math/AI nerds, so they can siphon money out of the real economy and into a fake one. Even in a Capitalist society, the Stock Market was never necessary. It was a relatively modern (depending on country) invention by the rich, for the rich. Dump it, and never look back. We don't need that trash.

[@truthmonster3290]

no

[@leona2222]

Love him!

[@yu4ia]

This is terrifing wtf

[@JohnVerdon-JohnVerdon]

make rent-seeking illegal as a business model

[@marxwasrightyall]

Yanis nails it. Also : Sam uses “ah” waaaaaay too much. Sounds like he’s struggling to think. It’s similar to how a teenage girl uses the word “like” in every sentence.

[@brenfu4982]

That is classic Sam, wouldnt be a Majority Report interview without it

[@GGSOG]

In Sam's defence, his thoughts are always very sharp and crystal-clear. He does the 'um's and 'ah's a lot but you know what is about to come is always something astute and on point.

[@tomallen5837]

I don't know about you but if I was interviewing all of these people at the interviews which are fantastic by the way, I constantly be pausing myself to align my thoughts to what the interviewee is stating. I mean, I like watching Vausch who's spews off tons of shit, and a third of it is accurate, a third of it is amusing, an the final third of it is reactionary crap. Who do you know that doesn't have some kind of gap or some kind of ah or um?

[@brenfu4982]

@@tomallen5837 couldnt agree more. His replies are always relevant and thought provoking. So many times I can tell the interviewee is engaged and enjoys the discussion. Makes for the best interviews in the business

[@Eric-ot7en]

That's ahh funny!

[@gozimusable1]

Wow this interviewer enjoys hearing himself talk.

[@dustifilms]

Yanis is a gigachad

[@discowolf25]

Aight you “peak, cringe, beta, chad”. Bring back swag cuz Riz is gigachad “AF”. 👁🌲👁

[@rudolphjoseph4159]

Maybe this idea is simplistic. What if any data to a network is heavily taxed to the point that the individual consumer finds it unprofitable to have access to any type of network. For example, if the consumer has to pay $500 monthly tax to have a phone plan, if the consumer has to pay $500 monthly tax to have an IP address, then the consumers would be forced to shop outside online platforms. In essence, Amazon, Facebook, and other large Tech companies would no longer have a base to extract rent. In addition, any processing fee for debit or credit card transaction would be taxed 100% of the purchased item. The consumer would not want to pay for items via debit or credit card. Perhaps, the Techno Lords would lose control of their power. Of course, all governments worldwide would need to agree to this, but then again, this idea is a fantasy of imagination.

[@bigboss-qv7pe]

A fix like this would spawn so many work arounds I'd imagine it would lead to nothing better.