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Eye Of The Storm Podcast (with Yanis Varoufakis and Raoul Martinez)
A WORLD BEYOND CAPITALISM | Jason Hickel and Yanis Varoufakis
Jun 5, 2024
Economic anthropologist Jason Hickel and economist Yanis Varoufakis discuss the flaws of capitalism, the need for sustainable economic models, historical resource mobilization, decoupling economic growth from carbon emissions, rethinking GDP as a metric for societal well-being, and the complexities of capitalism impacting global inequality. They explore the potential for a post-capitalist, post-growth economy to address disparities and exploit
01:03:06
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Quick takeaways
- Capitalism prioritizes profit over ecological needs, hindering progress in addressing environmental issues.
- Transitioning to post-capitalism focuses on democratizing economic decision-making for social needs like healthcare and renewable energy.
Deep dives
Relation Between Capitalism and Ecological Crisis
Capitalism prioritizes maximizing profit over meeting ecological needs, leading to perverse production choices like investing in fossil fuels over renewable energy. Lack of democratic control allows capital to determine production objectives, hindering progress in addressing ecological issues.
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