Intelligence Squared: Business cover image

Martin Wolf and Yanis Varoufakis on the Future of Capitalism - Part 1

Intelligence Squared: Business

00:00

The Politics of Competition

I think there has to be really serious competition policy, and I think a lot of these companies have to be broken up. They should never have been allowed to buy all the companies they did. We clearly have to think much more seriously than we have about how we regulate the way algorithmic systems work. The politics can change this, but if I'm wrong, then it's going to be a problem for everybody, including Janis. It's perfectly plausible that we will decide that some of this cannot be left in pain. And this is one of the reasons, by now, not ideally, banking has become so regulated. So I'm perfectly open to that. But what is true,

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