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Varoufakis: My alternative to capitalism

Varoufakis: My alternative to capitalism

The former Greek finance minister on his radical vision for market economics

Business Daily · BBC World Service

November 17, 202017m 28s

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Show Notes

With Covid rampaging and many economies on life-support, some say we need to look beyond capitalism. A blue-sky thinker, the outspoken former Greek finance minister, Yanis Varoufakis, gives his thoughts on a radical alternative to standard market economics, including making all employees shareholders in corporations. And Miatta Fahnbulleh, chief executive of the New Economics Foundation, imagines how this might ever be seriously attempted in practice.