Eye Of The Storm Podcast (with Yanis Varoufakis and Raoul Martinez) cover image

Eye Of The Storm Podcast (with Yanis Varoufakis and Raoul Martinez)

ADDICTION AS CONTROL | Irvine Welsh and Yanis Varoufakis

Jun 12, 2024
Scottish novelist Irvine Welsh and economist Yanis Varoufakis discuss topics like Scottish independence, neoliberalism, addiction in modern systems, smartphone addiction, and the links between addiction, capitalism, technology in society, political engagement, and imagination.
01:04:08

Podcast summary created with Snipd AI

Quick takeaways

  • Neoliberalism emerged post-Bretton Woods collapse to serve capitalist interests through deregulation.
  • Cloud capital and algorithms drive addictive discourse demanding socialized technology intervention.

Deep dives

The Evolution of Ideologies and Financialization in 1971

Neoliberalism emerged as an ideological cover for capitalist interests following the 1971 Bretton Woods collapse, marking the beginning of financialization. Milton Friedman's ideas gained traction to support bankers and industrialists, facilitating deregulation. Erwin emphasizes neoliberalism's insignificance and capitalist motives underlying its prominence.

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