Defense Spending Serves Vested Interests

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the escalating geopolitical tensions between Western powers, Russia, and China, expose the dangerous anti-diplomacy bias within mainstream media and centrist political establishments that pushes Europe toward a pre-war posture, and debunk the political myth that military Keynesianism and factory-focused reindustrialisation can restore high-paying blue-collar jobs in an automated age.

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