Over the last few years, it has become increasingly clear to me that capitalism is not compatible with either a sustainable human existence on this planet, or with democracy. It’s an economic arrangement that, by design, concentrates power in a very UN-democratic way, and relies on the absurd fantasy of infinite growth on a finite planet. Studying the history of the 20th century highlights the incredible dishonesty involved in claiming that capitalism is required for democracy or freedom, when in reality it has been a force that has worked against both.
As Minister of Finance for Greece in 2015, Yanis Varoufakis got some first-hand experience with some of the ways in which the capitalist system works to keep poor countries poor, and to keep them from governing themselves. If you have to, play this in the background while you’re doing dishes or something, but this video posted in 2018 is worth your time.
