It would REALLY help Varoufakis's believability to stop with the exaggerations. He has interesting points, but it's so tiring to always have to second-guess "was that an exaggeration or is it literally true?".
"It's not capitalism". What he means is it's capitalism where a few actors have too much influence. Was the US oil trade around 1880 not capitalism because of Standard Oil? Are the US not capitalist because of the military-industrial complex? Is the labor market not capitalism because of (the strong position of large employers / unions, your choice)?
These extremisms are also thought-terminating. They offer little nuance to attach to and follow along and maybe have some own ideas. What Varoufakis offers are ready-made slogans to shout at someone.
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[ 2.5 ms ] story [ 27.1 ms ] threadThese extremisms are also thought-terminating. They offer little nuance to attach to and follow along and maybe have some own ideas. What Varoufakis offers are ready-made slogans to shout at someone.