Novara Media Downstream: Was the 20th Century a Catastrophe, or a Miracle? w/ Yanis Varoufakis
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Oct 6, 2025 
Yanis Varoufakis, an economist and former Greek finance minister, dives into his memoir, *Raise Your Soul*, exploring the influential women in his family who shaped his political awakening. He discusses the detrimental effects of patriarchal structures, the legacy of colonialism on Greek diasporas, and the dangers of far-right overreach. Varoufakis critiques neoliberalism, drawing parallels between historical events and contemporary issues, while emphasizing the need for a collective ethical vision in politics and advocating for a feminist approach to liberation.
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Propaganda Masks Capital's Failures
- Right-wing propagandists like Steve Bannon simplify complex capitalist causes into cultural scapegoats.
- Varoufakis notes fascists seek power, then blame migrants and minorities to mobilize support.
Markets Can't Resolve The Climate Commons
- Varoufakis critiques market-based climate fixes as serving capital rather than solving the commons problem.
- He contends markets created the crisis and can't be trusted to fix the atmosphere as a commons.
Avoid Internal Privatization Of Public Services
- Varoufakis warns that Tony Blair internal-privatised public institutions, raising costs and embedding private interests.
- He implies policymakers should avoid outsourcing core public services to private contractors.
