5min chapter

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What is money and who rules the world? | Yanis Varoufakis | Escaped Sapiens #46

The Escaped Sapiens Podcast

CHAPTER

The European Union Is Beyond a Joke, You Think?

I wish we had a European Union. We have something that pretends to be a unit. There is no plan for artificial intelligence. You've got a lot of rent seeking in Europe. They're all, you know, the big wigs are simply trying to extract whatever value has already been created without producing new value. It's only innovative thinking about how to corner existing markets. That's what the EU Commission is. And whenever they have a good idea, because there are some good ideas that come out of the Commission since I remember them in the 1990s, they've all been vetoed by Berlin.

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