A New Economic Blueprint - Yanis Varoufakis & Brian Eno [2020] | Intelligence Squared

In this clip from our 2020 session 'Money, Power and a Call to Radical Change', Yanis Varoufakis, former Greek finance minister, and Brian Eno, renowned musician and activist, as they discuss groundbreaking economic concepts. In this segment, discover their bold proposals, including a drastic reduction in the City of London, the implementation of market communism to address AI-induced job displacement, and the urgent need for a Green Deal funded by European Investment Bank bonds to combat climate change. Dive into this intriguing dialogue about reshaping our economic landscape and envisioning a more sustainable and equitable future.

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[gowrypara]

Yanis speaks the truth and nothing else and he does have a blueprint for the future of humanity

[SJSUPhilosopher]

Happy to be the first to comment praising Yanis's thought-provoking remarks.

[atomoyoga]

Marvelous way of disagreeing. With respect and in a constructive way

[dimitrisbostandas]

brilliant #YanisVaroufakis, 👌 as always!

[christopherdaly]

@8:11 & ff connection between getting out of poverty and hard work as well as the connection between doing something creative and making money has been broken.

In a nutshell this is the problem. Hard work doesn't pay, it's almost a nostalgia for a time when we operated with this equation in mind.

[wadesmith]

Intelligent people talking intelligently about caring for our future and the planets future - brilliant

[massinissabelkouche]

How CEOs boost or could boost their bonuses was just 🤯🤯🤯🤯🤯

[summondadrummin]

It all centers upon how the monetary system has been conceived and implemented. The current system is foundationally monopolist. Change or reinvent how money is conceived and functions and the whole system will change.

[macareuxmoine]

I’m yearning for the day when Diem/Mera will be on the ballot in my country (Germany that is). Yanis for world president! No honestly!

[fabiodeoliveiraribeiro]

There are no more workers and the content of this very word has been redefined. People are being demoted to the status of biological appendages of the algorithms that structure the provision of services. They have no contact with their bosses, only with the interface that automates the work to be carried out, recording productivity and defining payments to be made. In Brazil, according to the new Supreme Court jurisprudence, these workers no longer have labor rights. They are slaves in all but name. And like slaves in the past, they are also discarded when they grow old or die working. Technology is not freeing anyone except the neo slave masters.

[mariettestabel]

Many creativity shall disappear in this World...

[kathri]

May be very motivated people can start companies that distribute wealth among the cooperative ownership of workers. Part ownership can be sold to necessary talent, to improve the performance.

[davidmead]

Lots of Analysis but no actual, doable, International agreements on how to collaborate in the best economic game. The present game is falling apart. What is the option or options? Enough clever debate with no thought out remedies. We know what the data shows (the diagnosis) yet we do not have the fortitude to pull the nations together to do the best. The hell with what the financial markets think. This needs doing and fast. If we can solve problems with A I can we not apply this to positive remedies!?

[clivebroadhead]

The sooner we get a green deal to have the long promised West Yorkshire Metro the better. How can the workers have good wages and be productive without low energy efficient public transport. The government must tax the likes of Black Rockies and invest in a good Metro.

[alfiecdyson]

Eno can chat all he wants about commons but he’s partly responsible for Fred Again

[joseleon]

I kind of agree but I always have doubts when a guru mean point is someone to create nice crean Jobs for people. What about ingenuity creativity create my own nice job for me and the commons. Indont buy you. We indeed should split the market share of Amazon Facebook etc intocables several companies to compete.

[theodorearaujo]

Wind and solar, and EV's for that matter, are not cost effective. Please stop lying about that.

[pranavb]

So much wrong with pushing the green new deal, praising FDR's failed policies, believing that government creates jobs, attacking free speech, nationalizing railroads, misunderstanding the commons, criticizing Thatcher who rescued a moribund economy, not understanding how government regulations have given to the rise of concentrated finances and "monopoly capitalism". At least some support for nuclear power from Eno.

[KätäGumjob-Felgenkauer]

uhhhh Willy and the Turks are already moaning that it's too complicated. And we haven't even started with the fun part formulas yet...

[creatingcommonmemories]

Enironmental crisis is the people. To say AI is not posing environmental concerns is ignorant. Saying taxing the rich, politics also as they are credited after by tax dollars, and 5013c and churches only brings 1% is inaccurate. There is all the wealth. To allow farse of shell companies to hide wealth is the obvuous. Humanity will always be less valuable in this way as humanity is tue economy. AI would calculate this. Having a tax on printing money is the flaw. The fee to print money does not and never has never will exist. You call this imaginary money. Jaque Fresco called out the foklishness of this game when he said the value system is broken. The monatery sysyem is the entire problem. To destroy the planet to make profit then claim profut utself is not the problem is the problem. Jaque Fresco had the majority of his blueprint accurate the problem are those leading who will never be sustainted on the power and control they never needed in the first place.