Capitalism and Big Tech with Martin Wolf & Yanis Varoufakis | Intelligence Squared

Yanis Varoufakis and Martin Wolf sit down with Intelligence Squared to discuss whether capitalism is still fit for purpose in the face of online markets and big tech.

Intelligence Squared has established itself as the leading forum for live, agenda-setting debates, talks and discussions around the world. Our aim is to promote a global conversation that enables people to make informed decisions about the issues that matter, in the company of the world's greatest minds and orators.

#Capitalism #Economics #Technology #YanisVaroufakis #MartinWolf #IntelligenceSquared #IQ2

[DanielleA]

Since watching a interview between Yanis on OWEN JONES channel I've been more and more and more impressed by Yanis

[joeldwest]

Yanis is a very rare good decent brave man.

[isatousarr]

Capitalism and Big Tech have transformed the global economy, but the impact on financial justice and equitable economic transformation presents unique challenges, especially in low- and middle-income countries (LMICs). While technological innovation can drive growth and provide opportunities, the concentration of power and wealth in big tech companies can exacerbate existing inequalities and limit access for those who need it most. LMICs often face significant barriers, such as limited infrastructure, unequal access to technology, and economic policies that don’t prioritize inclusive growth. To ensure equitable transformation, it’s essential for governments and international bodies to implement regulations that curb monopolistic practices, promote fair competition, and support local businesses. Only by addressing these challenges can we create an economic system that uplifts everyone and fosters sustainable development across all nations. 🌍💡 #EconomicJustice #TechEquity #InclusiveGrowth

[shabbydabbydo]

Where is the full discussion? I can't seem to find it

[mariettestabel]

GREEKS-THE LIGHT OF THE WORLD.
💫💫💫💫💫💫

[theodoredesmarais]

Absolutely true, as far as it As Limits to Growth : MIT shows the Industrial Civilization capitalist monopoly game has an end. This is calculated by actual real world goods and services, population, resources etc, to be OVER around 2040 plus or minus five years. WE must go beyond Domination by Force, to Democracy by Consensus : that is true Direct Democracy: voting of the the people by App : not representative democracy. ( which represents the capitalist ruling class ) . Reciprocal Trade in a Universal Economy with Universal Income, and no longer competition based crime which is unsustainable. Collapse is most likely before this occurs by Climate catastrophes and war. Hopefully we won't go extinct.

[GhostOnTheHalfShell]

Technology is an alternative to politics - Peter Thiel

Also Peter Theil, he rejects democracy and competition, and embraces monopoly and despotism

[mariettestabel]

Brilliant Brain.
Greeks-The Light of the World.
💫

[farrider]

And now that we have label for the mess what to do ?
I claim, the fundamental miscalculation is, that we are convinced _more tech will save us from the mess we created ourselves by tech._

[conors]

How do you reform something that doesn’t want to be reformed which has hijacked the democratic system as the only lever that exists to reform it in the first place. Democracy is more important than capitalism, democracy is more important than anything else. The goal is to try and meet your economic needs in a way that doesn’t inevitably necessitate the hijacking of democracy.

[cdean]

He's right about the Labour Party

[michaspringphul]

finally, somebody who names it right..imho.. it is a Neo Feudalism, not Socialism.

[futuresmkt]

I really appreciated his commentary eight years ago. Now, would the word bloviate be relevant here? Did Cave/men/he/she/they understand capital when exchanging assets (meat, fur, space...)?

[geoffreycanie]

that Yanis was attacked by fascists is unbelievable. Wish I'd been there with a few lads and some steel bats

[papi]

Czy to nie postmodernizm doprowadził do totalnego kapitalizmu -
Drapieżnego kapitalizmu
W zasadzie to zaczęło susy wszystko od postmodernizmu.

[vivalaleta]

Good people don't become evil given power. It's that power attracts sociopaths. Our government is full of them.

[tabrezjalal]

Yanis is a brilliant man. I however beg to disagree on this separation between state and capital when capitalism emerged.
State was always necessarily entangled in the transformations that ushered in capitalism.... Both in dispossession and Imperialism.

[lisadiane]

Post the WHOLE thing or DONT BOTHER This is a reprehensible tactic and NOT interested if you divert people to a separate subscription and continuously dump more crap in their inbox !!!

[theodoredesmarais]

Not to forget : Electronic Civilization is possible ( as all former civilizations : Industrial and Agricultural ) by the new technologies : of Renewables replacing all fossil fuels, AI, Robotics, Eco architecture, Sex positive society, Direct Democracy, Electronic Exchange ( resource based economy : see j. Fresco the venus project etc ) , and world wide Unity IE United Nations ending the totalitarian states of China, Russia, etc.

[atwells]

I'm impressed... Varouf admits the Left made a mess of it... There's hope for him...😄😅