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Quote by Yanis Varoufakis

“The East India Company was no apparition though; it was the template for many subsequent corporations […] Liberals betray themselves […] the moment they turn a blind eye to this kind of hyper-concentrated power. […] This is why trading in apples does not come even close to trading in shares. Large quantities may produce, at worse, lots of bad cider, but large amounts of money invested in liquid shares can release demonic forces that no market or state can control.”

Quote by Yanis Varoufakis

Work

Another Now: Dispatches from an Alternative Present

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Author

Yanis Varoufakis
Yanis Varoufakis

Yanis Varoufakis is a Greek economist and politician who served as the Finance Minister of Greece from 2015 to 2015. He is known for his role in the Greek debt crisis and his advocacy for a more democratic economic system. more

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“A contemporary commentator drew an analogy between the East India Company’s ownership structure and the River Thames’ splendid flux, which leaves it ‘still the same river, though the parts which compose it are changing every instance.’ Once the property rights over a firm become detached from the people that set it up and work in it, it becomes a corpus in flux. It acquires a liquid life of its own, it can grow out of any human proportion. Indeed, like a river, it becomes potentially immortal.”

“Barbarism, thy name is Britain. In this day and age, if any societal structure is a revolting blot on the fabric of the democratic world, it's not Russia or North Korea, but the not-so-great Britain. The queen might have been a nice person, I don't know. But when a person is declared the supreme authority (head of state) of an entire people by birth, it's not something to take pride in, rather it's something to be ashamed of. Britain may mourn the death of the queen as a person, but no land deserves to be called civilized while mourning the death of a monarch. Let me put this into perspective. Almost every week a country celebrates independence from britain - if this doesn't tell you why the monarchy is the antithesis of everything that is civilized, nothing can. I wonder, they can throw a homeless man in jail for lifting a bread out of hunger, yet the empire walks free, even after raping, pillaging and looting from 90% of the world's countries! Where is the ICC (International Criminal Court) now, when one monarch after another sits on the throne, wielding the crown jewels encrusted with national treasures stolen from all over the globe!”

“When the descendants of a brutish empire continue to represent and maintain the authority of that empire, such descendants do not deserve even an ounce of respect from civilized humans, any more than their ancestors do, let alone be declared head of state. It'd be like respecting a neonazi for advocating for a new confederate America.”

“[...] fundamental PIM problems are surprisingly resistant to technology change. [...] Despite apparent technology improvements, we still forget to deal with vital actionable items. find it hard to judge the value of new information, keep large amounts of infomation of questionable value, and fail to retrieve important information that we have made stringent efforts to organize.”