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Quote by Yanis Varoufakis

“And yet it bewildered him that people truly believed capitalism to be about making things or providing services at a profit. He found it extraordinary how most people disliked speculators but thought of them as peripheral, as harmless bubbles on a steady stream of enterprise. They fail to recognize the very opposite is true, […] that enterprise long ago became a bubble on a whirlpool of speculation. That, in reality, workers, inventors and managers resemble driftwood buffeted hither and thither on a manic torrent of runaway finance.”

Quote by Yanis Varoufakis

Book:Another Now: Dispatches from an Alternative Present
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Another Now: Dispatches from an Alternative Present

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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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Finance CapitalismDebt DeflationMmtModern Monetary TheoryPrice InflationPrivate DebtPublic SpendingRentier
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