About Varoufakis

Yanis Varoufakis is a dynamic and fearless Greek economist, academic, and politician whose unwavering commitment to social justice and economic reform has made him a global icon. As Greece’s Minister of Finance during the tumultuous 2015 debt crisis, Varoufakis stood boldly against the oppressive austerity measures imposed by the European Union, championing the rights and dignity of the Greek people. His passionate critique of the global financial system and his relentless pursuit of transparency and democracy resonate far beyond Greece’s borders. A prolific author and the visionary co-founder of the Democracy in Europe Movement 2025 (DiEM25), Varoufakis inspires countless individuals to reimagine a fairer, more democratic world. His powerful voice continues to ignite debates and drive change, making him a true catalyst for global economic and political transformation.

Technofeudalism

In Technofeudalism: What Killed Capitalism (Melville House, 2023), Yanis Varoufakis argues that capitalism is dead and a new economic era has begun.

Insane sums of money that were supposed to re-float our economies in the wake of the financial crisis and the pandemic have ended up supercharging big tech’s hold over every aspect of the economy. Capitalism’s twin pillars—markets and profit—have been replaced with big tech’s platforms and rents. Meanwhile, with every click and scroll, we labor like serfs to increase its power. Welcome to technofeudalism.

Drawing on stories from Greek myth and pop culture, from Homer to Mad Men, Varoufakis explains this revolutionary transformation: how it enslaves our minds, how it rewrites the rules of global power, and ultimately what it will take to overthrow it.