Stagnant capitalism

Today, a long decade after the 2008 global financial crisis, this touching faith once again lies in tatters as capitalism’s natural tendency toward stagnation reasserts itself. The rise of the racist right, the fragmentation of the political centre, and mounting geopolitical tensions are mere symptoms of capitalism’s miasma. Stagnant capitalism
Yanis Varoufakis
Published at : March 25, 2019
Updated at : March 25, 2019 08:02

Yanis Varoufakis

Varoufakis, a former finance minister of Greece, is the leader of the MeRA25 party and Professor of Economics at the University of Athens.