The end of capitalism with Yanis Varoufakis

Capitalism is dying, but not in the way you might think. That’s the argument of academic economist and former Greek finance minister Yanis Varoufakis, who proposes capitalism has mutated into a far more sinister, feudal system on the back of sophisticated algorithms and big tech. On this episode of Follow the Money, recorded live at the State Library of NSW, Varoufakis speaks with the Australia Institute’s Ebony Bennett and Stephen Long about his proposition and his new book, Technofeudalism. This episode was recorded on Tuesday 12 March. australiainstitute.org.au // @theausinstitute Guest: Yanis Varoufakis, Secretary-General of Democracy in Europe Movement 2025 and former Greek Finance Minister // @yanisvaroufakis Host: Stephen Long, Senior Fellow and Contributing Editor, the Australia Institute // @StephenLongAus Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett Producer: Jennifer Macey // @jennifermacey Additional editing: Emily Perkins Theme Music: Pulse and Thrum; additional music by Blue Dot SessionsSupport Follow the Money & the research powerful interests fear: https://theaus.in/4vs6XeOSee omnystudio.com/listener for privacy information.