Creating a new international economic order 'sounds like an impossible dream,' said yanisvaroufakis, but 'not more impossible than the principle of one person, one vote, or of the end of the divine right of kings once sounded.'
Creating a new international economic order"sounds like an impossible dream," said the former Greek finance minister, but"not more impossible than the principle of one person, one vote, or of the end of the divine right of kings once sounded."Humanity faces a grim fate because the global ruling class refuses to depart from the capitalist status quo even as their quest to maximize profits intensifies the climate crisis and the prospects of a nuclear war.
"They have started a new Cold War," said Varoufakis."They are pursuing white-hot endless wars around the world—wars that help them sell more weapons than ever." According to Varoufakis, the"one thing" that undercuts cooperation, solidarity, and peace is"the reign of capital over labor and the debt bondage it inflicts upon the majority everywhere—in the Global South, but also in the Global North."
"Unless we bring down the global empire of increasingly concentrated capital, there is no chance we can end wars, eradicate poverty, or avert climate disaster." The first is to ensure that"corporations belong to the people who work in them on the basis of one person, one share, one vote," said Varoufakis. The second is to deny"banks a monopoly over peoples' transactions."
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