Yanis Varoufakis, a Greek economist and politician, joins Leigh Claire La Berge, an author and CUNY professor, to explore crucial themes of technofeudalism and speculation. They discuss how political economy intersects with aesthetics and the importance of solidarity in addressing societal insecurities. The conversation dives into the Panic of 1873 as a historical model, critiques Silicon Valley's speculative nature, and reflects on the role of vulnerability in collective action. Expect sharp insights on the complexities of capitalism!
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insights INSIGHT
Money as a Social Language
Money and language are both collective social constructs that cannot exist privately.
Monetary value, like language, is created communally but often privatized by powerful institutions.
question_answer ANECDOTE
Writing for Family Inspired Clarity
Yanis Varoufakis wrote his accessible books as letters to close family to break free from the academic style.
This method helped him communicate economic ideas more clearly to the general public.
volunteer_activism ADVICE
Treat Tech Giants as Utilities
When companies like Amazon become essential, treat them as public utilities.
Turn management into public stewardship rather than allowing monopolistic private control.
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In 'Talking to My Daughter About the Economy', Yanis Varoufakis provides a clear and engaging explanation of how the economy works, tracing the history of capitalism and its impact on society. He discusses topics such as inequality, debt, and the role of banks, using accessible language and vivid examples to illustrate complex economic concepts.
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In *The Age of Insecurity*, Astra Taylor offers a comprehensive analysis of how rising inequality, declining mental health, ecological emergencies, and authoritarian threats stem from a social order that fosters insecurity. By embracing vulnerability and reimagining security, Taylor argues for more inclusive and sustainable forms of security to address these challenges. The book combines social critique, memoir, history, political analysis, and philosophy to illuminate a path toward meaningful societal change.
The Gilded Age
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Charles Dudley Warner
Mark Twain
Published in 1873, 'The Gilded Age: A Tale of Today' is a satirical novel that satirizes greed and political corruption in the United States during the late 19th century. The book follows the story of the Hawkins family and their attempts to improve their fortunes through land speculation. It also includes a parallel story about two young men, Philip Sterling and Henry Brierly, who seek their fortunes in similar ways. The novel is notable for its commentary on the social and political dynamics of the time, including themes of corruption, materialism, and the struggles of the era. The title 'The Gilded Age' has become synonymous with the period in American history from the 1870s to the late 1890s, characterized by its superficial glitter and underlying corruption[2][3][4].
The Ministry for the Future
Kim Stanley Robinson
The Ministry for the Future is a novel by Kim Stanley Robinson that delves into the urgent issue of climate change. Set in the near future, the story follows the establishment of a UN agency, the Ministry for the Future, whose mission is to advocate for the rights of future generations. The novel is told through multiple perspectives, including those of Mary Murphy, the head of the Ministry, and Frank May, an American aid worker who survives a devastating heat wave in India. The book explores various innovative solutions to climate change, such as the introduction of a new currency called 'carboni' to incentivize decarbonization, and it presents a hopeful yet realistic vision of how humanity might cooperate to mitigate the effects of climate change. The narrative includes a mix of fictional eyewitness accounts, non-fiction descriptions, and diverse writing styles, reflecting the complexity and urgency of the climate crisis[1][3][5].
The global minotaur
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Jordan Carroll
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How the World Surrendered to Climate Breakdown
Wim Carton
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Stephen Poloz
Techno-Feudalism
Yanis Varoufakis
Another Now
Dispatches from an Alternative Present
Yanis Varoufakis
The finale of our trilogy centered on Technofeudalism begins with the intersection of political economy with aesthetics and literary forms, followed by a synthesis of financial and fictive definitions of speculation [18:00], what can be done with the technofeudal thesis [27:30], the role of solidarity in the age of insecurity [33:00], the Panic of 1873 as a model [41:30], panics to come [53:00], and some final words from Yanis Varoufakis [72:00]
Cast (in order of appearance): Matt Seybold, Yanis Varoufakis, Jordan S. Carroll, James Livingston, Astra Taylor, Leigh Claire La Berge
Soundtrack: DownRiver Collective
Narration: Nathan Osgood & SNR Audio
For more about this episode, including a complete bibliography, please visit MarkTwainStudies.com/Speculators, or subscribe to Matt Seybold's newsletter at TheAmericanVandal.substack.com