Eye Of The Storm Podcast (with Yanis Varoufakis and Raoul Martinez) A WORLD BEYOND CAPITALISM | Jason Hickel and Yanis Varoufakis
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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
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Capitalism's Anti-Democratic Nature
- Capitalism is inherently anti-democratic, as financial elites control production, prioritizing profit over human needs and ecological concerns.
- This results in perverse production, like investing in fossil fuels despite renewable energy solutions, hindering progress.
Capitalism's Overriding Logic
- Despite climate change's urgency, powerful figures prioritize short-term gains, exemplified by $4 trillion invested in fossil fuels since the Paris Accords.
- Capitalism's logic overrides all other considerations, even survival.
Capitalism's Growth Imperative
- Capitalism's growth imperative clashes with ecological sustainability, making regulations and minor adjustments ineffective.
- The inherent need for growth makes capitalism incompatible with an ecological future.