The Econoclasts

Econoclasts LIVE: Iran and the New World Disorder

12 snips
Mar 25, 2026
A live, wide-ranging deconstruction of post-Cold War geopolitics and why the Middle East keeps erupting. Deep dives on permanent US military spending and whether Israel helps or hinders Western strategy. A sharp debate on Ukraine policy and proposals for a European-led settlement. Close look at China’s industrial rise, education drive, and why Europe’s productivity lags.
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INSIGHT

Palestinian Issue Drives Forever Wars

  • The Palestinian issue is central to perpetual Middle East conflicts and underpins policies like West Bank ethnic cleansing.
  • Yanis Varoufakis argues Israel pursues continuous war tactics to obscure and complete de facto annexation of the West Bank and Gaza control.
INSIGHT

Permanent War Serves Different Strategic Interests

  • Wars by the US and Israel are rarely about decisive victory but about sustaining permanent war dynamics for different reasons.
  • Varoufakis says US military Keynesianism sustains demand while Israel uses conflict to advance settlement goals in occupied territories.
INSIGHT

Israel As A Strategic Liability

  • Israel is a strategic liability for the West, not an asset, because its actions undermine Western diplomatic credibility.
  • Varoufakis cites lost support in Global South and US political entanglement driven by lobbies, tech ties, and nationalist politics.
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