About this episode
Paul Buitink talks to former Greek Minister of Finance (2015) and author of several books like 'Technofeudalism, What Killed Capitalism' about the risks of modern technofeudalism in which cloud capitalists extract rents from the public and distort public discourse. He says we need to tax big tech to the hilt since privatizing wouldn't work. Also he proposes how cities should create their own tech alternatives.The gentlemen also talk about the euro, why Bulgaria shouldn't join and Greece should exit. The Netherlands should perhaps try to reform it or join a union with other hard currency countries. Yanis would like to federalize the EU but realizes it's maybe time to dismantle it. Also he laments Europe's military Keynesianism and thinks it's not wise to spend all that money on defense. The EU has taken the wrong turn and each path since 2014 when it comes to the war in Ukraine Yanis believes.More info about Yanis here:https://www.yanisvaroufakis.eu/https://x.com/yanisvaroufakisFollow Paul Buitink on X at @paulbuitink:https://x.com/paulbuitinkTimestamps:0:00 Intro1:52 Can people escape technofeudalism?6:07 Dangers of cloud capitalism and big tech7:25 Why technofeudalism leads to crises12:24 New cold war between US and China13:55 Alternatives like open source18:00 Greek referendum 2015 and EU’s democratic deficit19:30 Greece should leave the eurozone21:55 Can the euro be reformed and if so how23:21 Can Europe still be united?29:47 Military Keynesianism
