I get that, but I regard him highly for what he did in the Syriza governement. Syriza's project basically was: austerity is bad, and if we explain that to the EU, they will understand that but we will never actually break with them. When the EU made clear that they either had to break with them or throw away their entire political program, Varoufakis was the one who constructed an alternative payment system for Greece to use for when the EU would shut down all the banks and methods of payments in the country as a natural result of that break, but the leadership of syriza decided that they didn't want to see how far the contradiction actually went, threw him out of the governement and implemented the austerity that the EU wanted.
He's by no means perfect, but at a time of crisis, he made the correct decision. Some people in syriza who have better marxist credentials didn't do that.
What he's describing, which is a social wealth fund that perpetually increases its share of ownership in the economy, would eventually lead to full collective ownership and control of the economic system. Sure, it's incrementalism and would likely never be allowed to happen peacefully, but it's a good way to explain to non-leftists how actual socialism would solve a lot of our current issues. Also related, I sometimes use this plan in discussions concerning UBI as an example of a potential alternative to it.
Yeah, bailed on the video at that point. The rest is good. Also, publicly owned weapons manufacturer/oil companies wouldn't be communism, or even good.
Yanis is a lib
Edit: Absolute lol at the megathread Yanis link;
"stabilize capitalism"
"10% of corporate profits go to a citizens fund"
"communism funded by corporate profits"
"communism without communists"
What world is this guy living in?
Oh fuck, I'm owned, I totally forgot dude has like 80 hours of content on youtube proposing hyper-technocratic solutions to capital eating itself
I get that, but I regard him highly for what he did in the Syriza governement. Syriza's project basically was: austerity is bad, and if we explain that to the EU, they will understand that but we will never actually break with them. When the EU made clear that they either had to break with them or throw away their entire political program, Varoufakis was the one who constructed an alternative payment system for Greece to use for when the EU would shut down all the banks and methods of payments in the country as a natural result of that break, but the leadership of syriza decided that they didn't want to see how far the contradiction actually went, threw him out of the governement and implemented the austerity that the EU wanted.
He's by no means perfect, but at a time of crisis, he made the correct decision. Some people in syriza who have better marxist credentials didn't do that.
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Mark Blyth is the only one of these Modern Monetarist liberals I can tolerate, maybe cause he's Scottish
What he's describing, which is a social wealth fund that perpetually increases its share of ownership in the economy, would eventually lead to full collective ownership and control of the economic system. Sure, it's incrementalism and would likely never be allowed to happen peacefully, but it's a good way to explain to non-leftists how actual socialism would solve a lot of our current issues. Also related, I sometimes use this plan in discussions concerning UBI as an example of a potential alternative to it.
Yeah, bailed on the video at that point. The rest is good. Also, publicly owned weapons manufacturer/oil companies wouldn't be communism, or even good.
Its kind of useful for libs though, things like that can open the door the to not having a visceral reaction to the word communism