Yanis Varoufakis Says Capitalism Is Eating Up Democracy

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Varoufakis says that Capitalism is eating up democracy

Former Minister of Finance for Greece and Economist Yanis Varoufakis talks candidly about why politicians have no real power, and why governments are powerless in today’s global power structures. 

Varoufakis says that in today’s political climate, the real power belongs to those who control the economy.

He believes that the mega-rich and corporations are cannibalizing the political sphere, causing financial crisis.

In this talk, hear his dream for a world in which capital and labor no longer struggle against each other, “one that is simultaneously libertarian, Marxist and Keynesian.”

Video: Capitalism will eat democracy — unless we speak up

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