Yanis Varoufakis 中國是技術封建主義 Techno-Feudalism

Yanis Varoufakis 中國是技術封建主義 Techno-Feudalism

中國 VS 美國 | 亞尼斯·瓦魯法基斯談大科技、資本主義和技術封建主義（第 3 部分）

China VS America | Yanis Varoufakis on Big Tech, Capitalism and Techno-Feudalism (Part 3)

How To Academy 2024 年 8 月 24 日
https://www.youtube.com/watch?v=qaIKeXnX1UM

這位世界著名經濟學家和前希臘財政部長與 Ash Sarkar 一起認為資本主義已死，並提出了一個改變遊戲規則的新範式：技術封建主義。大科技的所有者已成為世界封建霸主——用一種奴役我們思想、藐視民主、改寫全球權力規則的全新體係取代資本主義。但正如瓦魯法基斯也將揭示的那樣，技術封建主義包含著阻止和推翻它的新機會，比以往任何時候都更清楚地聚焦於我們逃離數字監獄所需的革命。觀看 Ash 和 Yanis 為您揭開重塑我們的生活和世界的新力量的麵紗

第 1 部分 - “這不再是資本主義了！”Yanis Varoufakis 談技術封建主義、大公司和大科技•“這不再是資本主義了！” Yan...

第 2 部分 - 社會主義還是銀行家” Yanis Varoufakis 談什麽殺死了資本主義？• “銀行家的社會主義” Yanis Var...

第 3 部分 - 中國 VS 美國 | Yanis Varoufakis 談大科技、資本主義和技術封建主義• 中國 VS 美國 | Yanis Varoufakis 談...

第 4 部分 - Yanis Varoufakis 和 Ash Sarkar 談阿根廷、亞馬遜和優步• Yanis Varoufakis 和 Ash Sarkar 談阿根廷...

好吧，讓我直接說為什麽美國是霸權主義記得二戰後美國作為唯一的債權國經濟體走出了戰爭，除了瑞士但那不算數對吧唯一的債權國，經濟體唯一的經濟體是盈餘它有貿易順差它賣的東西比它進口的東西多是美國它的工廠完好無損它們沒有像整個大陸那樣被摧毀歐洲，或日本呃，它沒有像這個國家一樣破產，記住你為什麽破產，因為你欠美國人這麽多錢，因為他們在第二次世界大戰期間沒有給你一顆子彈，他們沒有向你收取費用，事後要求付款，這意味著戰後的英國破產了，它完全被關在美國擁有的監獄裏，我們稱之為特殊關係，這是一種特殊關係，是的，我們稱之為同樣的事情，這就是現在發生在希臘的事情，我們在監獄裏，但我們與布魯塞爾有著非常特殊的關係，就像你們與美國的關係一樣，呃，或者在 1945 年，好吧，他們走出了困境，他們的工廠的生產力和生產能力在第二次世界大戰中得到了極大的提升，到 1945 年，美國工業能夠生產的東西是 1941 年的八倍，就在珍珠港事件之前，珍珠港事件是八倍，他們創造了布列塔尼木材係統，你們中的一些人年紀大一點的人會記得，英鎊與美元的匯率是固定的，實際上我們都有美元，我們希臘人、德國人、法國人和意大利人都有自己的貨幣，但匯率是固定的，美元是固定的，我們有資本管製，我們可以把我們想要的貨幣兌換成美元，但如果是固定匯率，那本質上就是一個貨幣聯盟，1944 年至 1971 年期間，我們處於美元區，理查德·尼克鬆摧毀了美國人創建的布列塔尼森林體係，他之所以摧毀它，是因為布列塔尼森林體係的重點在於，它是一個基於美國貿易順差的管理型國際美元體係，到 60 年代末，我的核武器已經不複存在，核武器在哪裏，核武器在哪裏，熱核戰爭，我明白了，我的核武器在哪裏，哇哇，所以 19771 年，我們有一個霸權國家，現在陷入了赤字，現在大英帝國發生了什麽，當它陷入赤字時，它崩潰了，發生了什麽羅馬帝國每次崩潰，一個大國就會開始衰落，衰落非常接近，就美國而言，在1971年至20120年，假設疫情開始，它的霸權和權力隨著貿易逆差成倍增長，它是世界上唯一一個由於赤字加深而變得更強大的大國，這是以前從未發生過的，他們是如何做到的，這是你的答案，通過保持對國際支付的嚴格壟斷，它是地球上曆史上唯一一個擁有需求貨幣的國家，人們想要美元，即使他們不想從美國人那裏買任何東西，因為當你把汽油加到你的車裏，如果你還有一輛汽油車，好吧，即使它是一家荷蘭擁有的公司，它從一家尼日利亞公司購買在尼日利亞鑽探的石油，而且每次都沒有美國人參與，因為每次你給寵物加油時，它都會以美元計價
China VS America | Yanis Varoufakis on Big Tech, Capitalism and Techno-Feudalism (Part 3)

How To Academy 2024年8月24日
https://www.youtube.com/watch?v=qaIKeXnX1UM

The world-famous economist and former Greek Finance Minister joins Ash Sarkar to argue that capitalism is dead and present a game-changing new paradigm: technofeudalism. The owners of big tech have become the world's feudal overlords—replacing capitalism with a fundamentally new system that enslaves our minds, defies democracy, and rewrites the rules of global power. But as Varoufakis will also reveal, technofeudalism contains new opportunities to thwart and overturn it, bringing into focus more clearly than ever the revolution we need to escape our digital prison. Watch Ash and Yanis open your eyes to the new power that is reshaping our lives and the world

Part 1 - "This is not Capitalism Anymore!" Yanis Varoufakis on Technofeudalism, Big and Big Tech• "This is not Capitalism Anymore!" Yan...   

Part 2 - Socialism or the Bankers" Yanis Varoufakis on What Killed Capitalism?• "Socialism for the Bankers" Yanis Var...   

Part 3 - China VS America | Yanis Varoufakis on Big Tech, Capitalism and Techno-Feudalism• China VS America | Yanis Varoufakis o...   

Part 4 - Yanis Varoufakis and Ash Sarkar on Argentina, Amazon and Uber• Yanis Varoufakis and Ash Sarkar on Ar...   

okay let me go straight to that why is the United States hegemonic remember that after the second world war the United States came out of the war as the only creditor economy
except Switzerland but doesn't that doesn't count right the only creditor
economy the only economy was that was in a surplus it had a trade surplus it sold
more stuff than it cons that it imported was the United States of America its
factories were intact they were not destroyed like across Continental Europe
or Japan uh it wasn't bankrupt like this country was and remember why you were
bankrupt because you owed all this money to the Americans because they didn't
give you a single bullet during the second world war that they didn't charge
you for and demand payment afterwards which meant that postwar Britain was
bankrupt it was completely in a det prison owned by the United States um we call that D prison the special relationship it's a special relationship yes indeed we call the same
thing that this is what's happening to Greece now we are at detos prison but we
have a very special relationship with Brussels of the same ilk as you do with
the United States uh or back then in 1945 okay so they came out of it with
their factories having their productivity and production capacities being massively enhanced by the second world war by 1945 the United States industry was capable for producing eight times more stuff than it was in 1941 Pearl Harbor just before Pearl Harbor eight times more stuff and they created remember the Breton wood system some of you who are older will remember that the British pound was fixed with a fixed exchange rate to the dollar essentially we had the dollar all of us the Greeks the Germans the French the Italians we had our own currencies but it was a fixed exchange rate with a dollar essentially we had a dollar there were Capital controls we could convert as many of as much of our currency as we wanted to the dollar but if it was a fixed exchange rate it was essentially a currency Union we were in the dollar zone between 1944 and 1971 when Richard Nixon destroyed the Breton wood system that the Americans had created he destroyed it because the whole point about the Breton wood system was that it was a managed International dollar system predicated upon based upon the American Trade Surplus by the late 60s there was no where my nukes where in the nukes where the nukes Thermonuclear War I get you the words where my nukes wa wa so here we have a hegemonic power in 19771 that is now into the red now what happened to the British Empire when it went into the red it collapsed what happened to the Roman Empire it collapsed every time a major power goes into the red it starts fading and the fall is very close in the case of the United States between 1971 and 20120 let's say the beginning of the pandemic its hegemony and power increased exponentially along with its trade deficit it is the only Power in the world that became stronger as a result
of going deeper into a deficit that has
never happened before how did they
succeed in doing it and this is your
answer by maintaining a strict Monopoly
on International payments it was the
only country in the history of the
planet that had a currency which was in demand
people wanted the dollar even if they
didn't want to buy anything from the
Americans because when you put Petrol in
your car if you still have a petrol car
okay even if it is a company owned by
the Dutch and it buys um oil drilled in
let's say Nigeria from a Nigerian
company and there's no American involved
at all every time because it's
denominated in dollars every time you
fill up your pet
rol tank 你要美元，你必須把英鎊、日元或歐元兌換成美元，所以擁有國際支付係統是美國比無處不在的美國陸軍、海軍和空軍更有能力維持其霸權的原因。基辛格知道我在書中提到過，1970 年，他問身邊的人，基辛格當時是國家安全委員會的成員，他是尼克鬆成為外交大臣之前的國家安全顧問，他問他們，如果我們處於赤字狀態，我們將如何維持我們的霸權，他得到的答案是我們會讓其他人，其他資本家，來自世界其他地方的資本家為我們的赤字買單，這就是一直在發生的事情，但為什麽他們可以這樣做，因為他們壟斷了國際支付係統，它威脅到壟斷，記得德國製造商的故事，他脫離了美元體係，隨著烏克蘭戰爭，發生了一些了不起的事情，因為我們一方麵聊天，另一方麵中央銀行中國已經創建了一種數字貨幣，它擁有自己的公共應用程序，允許你以人民幣免費付款，因此，有兩種方法可以免費進行國際支付，作為外國人，作為英國人，你不必是中國人，你有兩個，你有wichat，你有中國央行的數字貨幣，正如我們所說，數字貨幣有2.1億個賬戶，商界人士可以在世界各地使用它進行免費支付，而無需繞過美元體係，這對美國霸權來說是一個明顯而現實的致命危險，唐納德·特朗普發動對華冷戰的原因，這是我在書中的理論，為什麽他開始攻擊華為，然後是中興通訊，然後你可能會說當然，但唐納德·特朗普是個瘋子，他會為了它而攻擊任何人，喬·拜登作為反特朗普的美國總統上台，他對特朗普發起的冷戰做了什麽，他會退縮嗎，他會撤退嗎，他會加強它，他提出了2021 年秋季的一份聲明，本質上是在向中國傳遞一個信息，我們將通過禁止所有先進微芯片的銷售來阻止你成為發達經濟體，這本質上就像 1800 年禁止蒸汽機向德國出口蒸汽機一樣，這就像在說，我們正在向你宣布經濟福利，為什麽他要這樣做，說這是因為台灣的論點是胡說八道，台灣什麽都沒有改變，自從尼克鬆訪問北京以來，西方一直接受一個中國政策，所以不是說中國正在建設軍隊或海軍，隻有當我看到洛杉磯郊外的中國驅逐艦和護衛艦時，我才會相信，目前，我看到的隻是上海郊外的美國軍艦，所以這一切都沒有意義，有意義的是，中國的支付係統帶來了以最有效的方式將中國金融和中國雲資本結合在一起，隻需訪問我們的聊天室，您就會明白我的意思，這對美元壟斷構成了致命的危險，烏克蘭戰爭做了一些非常有趣的事情，這條高速公路上所有人都在唱歌跳舞，數字支付，中國支付，中國央行的數字貨幣已經存在，但這就像修建一條高速公路，你知道，想象一下在一條嶄新美麗的高速公路上，兩邊都有五條車道，沒有汽車，因為如果你是一個資本家，即使你是中國資本家，你仍然想使用美元，因為如果你在上海生產鋁，你想把大部分賣給美國人，所以你想把它賣成美元，然後你把它換成美元，你把它帶到華爾街，你買美國債券，你在邁阿密買房地產等等，所以中國資本家甚至不想使用這種超高速的支付方式但當美國和歐盟聯合沒收了價值 4500 億美元的俄羅斯資金時，我並沒有對此作出評判，我並不是說他們應該這樣做，或者不應該這樣做，我隻是說，他們這樣做了，所以想象一下你是沙特阿拉伯人，或者某個酋長國的埃米爾，或者某個印度尼西亞的大人物，我想象你是馬裏人，我在想象，你可以想象，然後你會想，哦，我的天，他們沒收了 4500 億美元的俄羅斯資金，因為他們不喜歡他們的政策，他們明天可能不喜歡我，因為我不是世界上最好的人，他們知道這一點，嗯，也許我應該對衝我的賭注，不要把我所有的錢都投入美元體係，我會把我的大部分錢投入美元體係，但我會把一些錢投入中國的高速公路，美國人認為華盛頓的聰明人認為這是一個嚴重的威脅，因為如果他們失去壟斷，你知道的美元體係的支付體係
rol tank you are demanding dollars you have to convert
pounds or Yen or euros into dollars so the ownership of the international payment system is what allows the United States much more so than the ubiquitous
US Army Navy and Air Force Force to maintain his emony Kissinger knew that I mentioned that in the book in 1970 he asked his people around him Kissinger back then was National Security Council he was a national security adviser to Nixon before he became foreign secretary
and he said to them how are we going to maintain our hegemony if we are in the red and the answer he got was we'll make other people other capitalists capitalists from the rest of the world pay for our deficits this is what has
been happening but why is it that they can do that because they have the Monopoly of the payment system
internationally what wichat does it is threatens that Monopoly remember the story with the German manufacturer he's out of the dollar system and with the
war in Ukraine something remarkable happened
because we chat on the one hand and the Central Bank of China having created a digital currency its own publicly owned app that allows you to make free payments in rembe in one in the Chinese currency so there are two things you can use to make international payments for
free as a foreigner as a Britain you don't have to be Chinese you have two you have wichat and you have the digital currency of the Central Bank of China there are as we speak 210 million accounts of the digital currency and business people can use it around the
world to make free payments without bypassing the the dollar system that is a clear and present mortal danger for
for American hegemony the reason why Donald Trump started the Cold War against China this is my theory in the
book why did he start attacking Huawei and then ZTE and then you may say of course but Donald Trump is a Madman he would attack anyone just for the sake of
it well Joe Biden comes in as the anti-trump President of the United States and what does he do with the cold
war that Trump had started does he Clow back does he Retreat from no he turbocharges it he comes out with a
declaration in the fall of uh 20 uh 2021 essentially sending the message to you to China we are going to stop you
from becoming an advanced economy by banning all sales of advanced microchips which is essentially it's like it's like in 1800 Banning steam engines the export of steam engines to Germany this is like saying this is a we
are declaring econom economic welfare
against you and the is why does he do that the
argument that it's because of Taiwan is
rubbish nothing has changed about Taiwan
the one China policy had always been
accepted by the West since Nixon went to
Beijing uh so it's not that it's not
that China is building up its army or
its Navy I will believe that only when I
see Chinese destroyers and frigates
outside Los Angeles for the time being
all I see is American warships outside
Shanghai so it none of that makes sense
what makes sense is that the Chinese
Payment Systems which brings together
Chinese finance and Chinese Cloud
capital in a most effective way just
visit we chat and you'll see what I mean
is a mortal danger for the Monopoly of
the dollar the war in Ukraine did
something quite interesting this super
highway of all singing all dancing
digital payments Chinese payments the
weat and the digital currency of the
Central Bank of China that was already
there but it's like building a super
highway you know imagine five Lanes on
each side in big spanking new beautiful
Highway with no cars on it because if
you were a capitalist even if you were a
Chinese capitalist you still wanted to
use a dollar because if you produce
aluminum in aluminium in shangzhen you
want to sell most of it to the Americans
so you want to sell it for dollars and
then you take it to Dollars and you take
it to Wall Street and you buy American
bonds you buy real estate in Miami and
so on so the Chinese capitalist didn't
even want to use this super high way of
payments but the moment the United
States together with the European Union
confiscated $450 billion dollars worth
of Russian money I'm not judging this
I'm not saying they should have done it
or not have done it I'm simply saying
they did it so imagine you are a Saudi
Arabian shake or the Amir of some Emirate or
some Indonesian bigwig I'm imag Malian
there you are I'm imagining you can
imagine right and you think oh my God
They confiscated 450 billion smackers because they didn't like their policies well they may not like me tomorrow because I'm not the best guy in
the world they know that right um well
maybe I should hedge my bets not put all
my money in the dollar system I will put
most of my money in the dollar system
but I will put some in the Chinese Super
Highway the Americans see that the smart
people in Washington see this as a serious threat because if they lose the Monopoly of of you know of the dollar system of the of the payment system internat
從本質上講，美國已經完蛋了，他們深陷赤字，他們有巨大的預算赤字和巨大的貿易赤字，隻要中國人不觸及他們的壟斷地位，他們就能把這些赤字變成一種優勢，中國大科技公司也會這麽做，我要在這裏暫停一下，我要給你們一個選擇，我們可以花 5 到 10 分鍾的時間問 Janis 一些尷尬的問題，或者我可以問他最尷尬的問題，我已經寫在我的紙上，所以你們將有一個公民投票，所以你們決定觀眾問答，尷尬的問題寫在紙上，觀眾提問，好吧，我要問每個人，哦，我的問題，好吧，或者這裏的組合，一切都好，看，這取決於你如何回答，我會很快回答他們，好的，好吧，所以我們會按照語法來做，我們會做最後一個尷尬的問題，所以在書中，你所爭論的是，我們所擁有的更糟糕比資本主義更糟糕，對吧，它不再是資本主義了，它比資本主義更糟糕，你概述了一條通往美國和中國之間熱戰的合理道路，你寫到了所有不隻是我們作為工人被剝奪權力的方式，而且我們過去認為的資本家階級、所有權階級被剝奪了權力，你知道這些超人的這些 Hy，我稱之為雲，這些雲資本家，然後在我看來，在你的政治生活中，你說的投票給左翼政黨，你說我們應該競爭的政治行動領域，無論是工作場所組織還是競選，以及在我們眼皮底下發生的財富和權力爭奪的規模，這之間不存在不匹配，如果我這麽說，那我就完全荒謬了，呃，我不是說，我不是在貶低參加選舉和戰略投票的重要性和投票，創建政黨，或者你知道前幾天我和我的朋友傑裏米·科爾賓在一起，伊斯靈頓北傑裏米·科爾賓呃，你知道我們我們要求我們要求參與選舉，但這還不夠，你知道 B 民主不會改變任何事情，我的意思是它可能會被禁止，正如我們從希臘所知道的那樣，所以如果你在最後一章和我之前的書裏，我明確表示我們需要一場技術革命，我們需要使用這些應用程序來組織對這些權力的抵抗，例如，讓我給你舉個例子，我們需要打倒這個國家的自來水公司，因為聖路易斯和蘇納克都不會這樣做，你怎麽做，這裏有一個例子，我們可以組織一次戰略性時間安排的付款罷工，這樣我們就可以找出，例如通過金融部門的好同誌，那是什麽句子，順便說一下，同誌們金融界可能有人，那裏有潛伏者，隻是因為你知道他們需要一份工作，他們已經在那裏工作了很長時間，我遇到他們，他們來在我耳邊低語，你知道我討厭這份工作，但你知道我能做什麽嗎？我需要賺點錢，呃，還有什麽替代貧困的方法，我的貧困將如何幫助這項事業，我對他們說，是的，繼續吧，但你知道那裏有人，特別是在 2008 年之後，有很多心灰意冷的人，在檸檬兄弟工作的人，你知道，我有檸檬兄弟的人來幫助我對抗國際貨幣基金組織，因為他們他們想以某種方式贖回自己，因為 20 年來，他們通過檸檬兄弟的行動摧毀了世界，你知道，無論如何，如果那裏沒有任何潛伏者，我們需要研究 cdo 的結構，這些是金融衍生品，其中 T臨時水務局已經植入了自己發行的幾支債券，並了解它們何時到期，以及它們何時容易受到影響，然後發起一次付款罷工，例如，假設所有必須向臨時水務局支付賬單的人，我們在四月份不支付，我們推遲支付，如果你被罰款，那麽我們會發起一個眾包國際眾包活動，幫助有需要的人向臨時水務局支付罰款，你知道，如果我們的目標正確，這將導致它破產，所以你需要將財務知識、cdo 和衍生品知識與集體行動結合起來，這是很聰明的，而不是簡單地走上街頭，因為我們非常擅長為好的事業動員支持，但我們不太擅長將這種能量轉化為權力，轉化為選票，轉化為推翻破壞我們環境的企業集團的力量破壞我們的河流，以此為例，如果我簡單地說投票給我們，那我就太荒謬了，我們需要以我們自 19 世紀以來一直在做的方式組織起來，我的意思是工會運動一直在做什麽，它一直在針對資本家的權力, 擁有資本品的人, 這些資本品為他們提供了過高的權力，但
ionally that's it the United States is finished they're deeply in the
red they have a huge budget deficit and
a huge trade deficit which they manag to
turn into a strength only as long as the
Chinese do not touch their Monopoly Chinese big Tech does I'm going to pause you there
and I'm going to offer you guys a choice
we can have basically 5 to 10 minutes of you guys
asking Janis awkward questions or I
could ask him the most awkward question
I have here written down on my piece of
paper so you're going to have a plebis
side so you guys decide audience Q&A
awkward question on piece of
paper audience questions all right so
I'm going to ask everyone oh my question all right or a combination here
goes well look it depends on how you
answer it I will answer them quickly
okay all right so we'll do grammatically
we'll do this very last awkward question
so in the book what you're arguing is
that what we have is worse than
capitalism right it's not capitalism
anymore it's worse than capitalism
you've outlined a plausible path to a
hot war between America and China you
write about all the ways in which not
just we as workers are disempowered but what we used to think of as the capitalist classes the ownership classes are disempowered in relation to these you know the hyperal these Hy the cloud as I call them these
these Cloud capitalists and then it seems to me that in your political life what you say is well vote for a leftwing
party is there not a mismatch here
between the arena of political action
that you're saying we should contest
whether that's workplace organizing or
it's contesting elections and the size
of the wealth and power grab that's
happening under our eyes absolutely if I
said that then I would have been
completely ludicrous uh I'm not saying
I'm not I'm not diminishing the importance of
participating in elections and voting
strategically and voting and creating
political parties or you know I was with
my friend Jeremy Corbin the other day
Islington North Jeremy Corbin uh and you
know we we we demand we demand participation in election but that's not
enough you know B democracy is not going
to change anything I mean it's a could
it would have been banned as we know
from Greece right so if you in the last
chapter and in my previous book um I
make it clear we need a tech Revolution we need to use
these applications in order to organize
resistance against the power of these
clists so for instance let me give you
an example right we need to bring down
the water companies in this country
because neither St nor sunak will do it
how do you do it here's an example what
you we could do we could organize a
payment strike which is strategically
strategically timed so we can find out
for instance through good comrad that we
may have in the financial sector what sentence that was by the way
comrades we might have in the financial
there are people there are sleepers in
there simply because you know they need
a job it's they've been a long time I
meet them I meet them and they come and
whisper in my ear you know I hate this
job but you know what can I do I need to
make some money uh and what is the
alternative poverty how is my poverty
going to help the cause and I say to
them yeah go on but you know there are
people in there and especially after
2008 there were many disenchanted people
people who worked in lemon Brothers you
know I had people from lemon Brothers
come and help me fight the the IMF
because they they they wanted somehow to
redeem themselves as a result of 20
years of destroying the world through
lemon Brothers you know operations anyway and
if there aren't any sleepers in there we
need to study the structure of the the
cdos in these are the financial
derivatives in which T the temps Water
Authority has implanted you know several
of its own bonds and find out when they
are expiring when they are vulnerable
and stage when they are vulnerable a
payment strike for instance let's say
that all the people who have to pay
their bills uh to the temps Water Authority um
in April we don't pay in April we we we
delay it and if you're fined then we
have a crowdsourcing International
crowdsourcing uh campaign to help people
who are in need pay Their fines to the
temp Water Authority you know that will
bring that will make it bankrupt if we
target it properly so you need to
combine knowledge about finances knowledge about cdos and
derivatives with Collective action which
is smart not simply going out on the
street because we are very good at
mobilizing support for good causes we
are not very good at converting that
energy into Power into votes into the
power to bring down the conglomerates
that destroy our environment that
destroy our rivers to use that example so I would if
I simply said vote for us I would be
just ridiculous we need to organize in
the way that we've been doing since the
19th century I mean what have the trades
unions movement been doing it's been
targeting the power of the capitalists
of the ones who own the capital goods that furnish them with exorbitant Authority but

<<<<<<>>>>>>
China VS America | Yanis Varoufakis on Big Tech, Capitalism and Techno-Feudalism (Part 3)

How To Academy 2024年8月24日
https://www.youtube.com/watch?v=qaIKeXnX1UM
  
The world-famous economist and former Greek Finance Minister joins Ash Sarkar to argue that capitalism is dead and present a game-changing new paradigm: technofeudalism. The owners of big tech have become the world's feudal overlords—replacing capitalism with a fundamentally new system that enslaves our minds, defies democracy, and rewrites the rules of global power. But as Varoufakis will also reveal, technofeudalism contains new opportunities to thwart and overturn it, bringing into focus more clearly than ever the revolution we need to escape our digital prison. Watch Ash and Yanis open your eyes to the new power that is reshaping our lives and the world

Part 1 - "This is not Capitalism Anymore!" Yanis Varoufakis on Technofeudalism, Big and Big Tech• "This is not Capitalism Anymore!" Yan...   

Part 2 - Socialism or the Bankers" Yanis Varoufakis on What Killed Capitalism?• "Socialism for the Bankers" Yanis Var...   

Part 3 - China VS America | Yanis Varoufakis on Big Tech, Capitalism and Techno-Feudalism• China VS America | Yanis Varoufakis o...   

Part 4 - Yanis Varoufakis and Ash Sarkar on Argentina, Amazon and Uber• Yanis Varoufakis and Ash Sarkar on Ar...   

okay let me go straight to that why is the United States hegemonic remember that after the second world war the United States came out of the war as the only creditor economy
except Switzerland but doesn't that doesn't count right the only creditor
economy the only economy was that was in a surplus it had a trade surplus it sold
more stuff than it cons that it imported was the United States of America its
factories were intact they were not destroyed like across Continental Europe
or Japan uh it wasn't bankrupt like this country was and remember why you were
bankrupt because you owed all this money to the Americans because they didn't
give you a single bullet during the second world war that they didn't charge
you for and demand payment afterwards which meant that postwar Britain was
bankrupt it was completely in a det prison owned by the United States um we call that D prison the special relationship it's a special relationship yes indeed we call the same
thing that this is what's happening to Greece now we are at detos prison but we
have a very special relationship with Brussels of the same ilk as you do with
the United States uh or back then in 1945 okay so they came out of it with
their factories having their productivity and production capacities being massively enhanced by the second world war by 1945 the United States industry was capable for producing eight times more stuff than it was in 1941 Pearl Harbor just before Pearl Harbor eight times more stuff and they created remember the Breton wood system some of you who are older will remember that the British pound was fixed with a fixed exchange rate to the dollar essentially we had the dollar all of us the Greeks the Germans the French the Italians we had our own currencies but it was a fixed exchange rate with a dollar essentially we had a dollar there were Capital controls we could convert as many of as much of our currency as we wanted to the dollar but if it was a fixed exchange rate it was essentially a currency Union we were in the dollar zone between 1944 and 1971 when Richard Nixon destroyed the Breton wood system that the Americans had created he destroyed it because the whole point about the Breton wood system was that it was a managed International dollar system predicated upon based upon the American Trade Surplus by the late 60s there was no where my nukes where in the nukes where the nukes Thermonuclear War I get you the words where my nukes wa wa so here we have a hegemonic power in 19771 that is now into the red now what happened to the British Empire when it went into the red it collapsed what happened to the Roman Empire it collapsed every time a major power goes into the red it starts fading and the fall is very close in the case of the United States between 1971 and 20120 let's say the beginning of the pandemic its hegemony and power increased exponentially along with its trade deficit it is the only Power in the world that became stronger as a result
of going deeper into a deficit that has
never happened before how did they
succeed in doing it and this is your
answer by maintaining a strict Monopoly
on International payments it was the
only country in the history of the
planet that had a currency which was in demand
people wanted the dollar even if they
didn't want to buy anything from the
Americans because when you put Petrol in
your car if you still have a petrol car
okay even if it is a company owned by
the Dutch and it buys um oil drilled in
let's say Nigeria from a Nigerian
company and there's no American involved
at all every time because it's
denominated in dollars every time you
fill up your petrol tank you are
demanding dollars you have to convert
pounds or Yen or euros into dollars so
the ownership of the international
payment system is what allows the United
States much more so than the ubiquitous
US Army Navy and Air Force Force to
maintain his emony Kissinger knew that I
mentioned that in the book in 1970 he
asked his people around him Kissinger
back then was National Security Council
he was a national security adviser to
Nixon before he became foreign secretary
and he said to them how are we going to
maintain our hegemony if we are in the
red and the answer he got was we'll make
other people other capitalists
capitalists from the rest of the world
pay for our deficits this is what has
been happening but why is it that they
can do that because they have the
Monopoly of the payment system
internationally what wichat does it is
threatens that Monopoly remember the
story with the German manufacturer he's
out of the dollar system and with the
war in Ukraine something remarkable happened
because we chat on the one hand and the
Central Bank of China having created a
digital currency its own publicly owned
app that allows you to make free
payments in rembe in one in the Chinese
currency so there are two things you can
use to make international payments for
free as a foreigner as a Britain you
don't have to be Chinese you have two you have wichat and
you have the digital currency of the
Central Bank of China there are as we
speak 210 million accounts of the digital currency and
business people can use it around the
world to make free payments without
bypassing the the dollar system that is
a clear and present mortal danger for
for American hegemony the reason why
Donald Trump started the Cold War
against China this is my theory in the
book why did he start attacking Huawei
and then ZTE and then you may say of
course but Donald Trump is a Madman he
would attack anyone just for the sake of
it well Joe Biden comes in as the
anti-trump President of the United
States and what does he do with the cold
war that Trump had started does
he Clow back does he Retreat from no he
turbocharges it he comes out with a
declaration in the fall of uh 20 uh
2021 essentially sending the message to
you to China we are going to stop you
from becoming an advanced economy by
banning all sales of advanced microchips
which is essentially it's like it's like
in 1800 Banning steam engines the export of steam engines to
Germany this is like saying this is a we
are declaring econom economic welfare
against you and the is why does he do that the
argument that it's because of Taiwan is
rubbish nothing has changed about Taiwan
the one China policy had always been
accepted by the West since Nixon went to
Beijing uh so it's not that it's not
that China is building up its army or
its Navy I will believe that only when I
see Chinese destroyers and frigates
outside Los Angeles for the time being
all I see is American warships outside
Shanghai so it none of that makes sense
what makes sense is that the Chinese
Payment Systems which brings together
Chinese finance and Chinese Cloud
capital in a most effective way just
visit we chat and you'll see what I mean
is a mortal danger for the Monopoly of
the dollar the war in Ukraine did
something quite interesting this super
highway of all singing all dancing
digital payments Chinese payments the
weat and the digital currency of the
Central Bank of China that was already
there but it's like building a super
highway you know imagine five Lanes on
each side in big spanking new beautiful
Highway with no cars on it because if
you were a capitalist even if you were a
Chinese capitalist you still wanted to
use a dollar because if you produce
aluminum in aluminium in shangzhen you
want to sell most of it to the Americans
so you want to sell it for dollars and
then you take it to Dollars and you take
it to Wall Street and you buy American
bonds you buy real estate in Miami and
so on so the Chinese capitalist didn't
even want to use this super high way of
payments but the moment the United
States together with the European Union
confiscated $450 billion dollars worth
of Russian money I'm not judging this
I'm not saying they should have done it
or not have done it I'm simply saying
they did it so imagine you are a Saudi
Arabian shake or the Amir of some Emirate or
some Indonesian bigwig I'm imag Malian
there you are I'm imagining you can
imagine right and you think oh my God
They confiscated 450 billion smackers because they didn't like their
policies well they may not like me
tomorrow because I'm not the best guy in
the world they know that right um well
maybe I should hedge my bets not put all
my money in the dollar system I will put
most of my money in the dollar system
but I will put some in the Chinese Super
Highway the Americans see that the smart
people in Washington see this as a
serious threat because if they lose the
Monopoly of of you know of the dollar
system of the of the payment system
internationally that's it the United
States is finished they're deeply in the
red they have a huge budget deficit and
a huge trade deficit which they manag to
turn into a strength only as long as the
Chinese do not touch their Monopoly Chinese big Tech does I'm going to pause you there
and I'm going to offer you guys a choice
we can have basically 5 to 10 minutes of you guys
asking Janis awkward questions or I
could ask him the most awkward question
I have here written down on my piece of
paper so you're going to have a plebis
side so you guys decide audience Q&A
awkward question on piece of
paper audience questions all right so
I'm going to ask everyone oh my question all right or a combination here
goes well look it depends on how you
answer it I will answer them quickly
okay all right so we'll do grammatically
we'll do this very last awkward question
so in the book what you're arguing is
that what we have is worse than
capitalism right it's not capitalism
anymore it's worse than capitalism
you've outlined a plausible path to a
hot war between America and China you
write about all the ways in which not
just we as workers are disempowered but what we used to think
of as the capitalist classes the
ownership classes are disempowered in
relation to these you know the hyperal
these Hy the cloud as I call them these
these Cloud capitalists and then it
seems to me that in your political life
what you say is well vote for a leftwing
party is there not a mismatch here
between the arena of political action
that you're saying we should contest
whether that's workplace organizing or
it's contesting elections and the size
of the wealth and power grab that's
happening under our eyes absolutely if I
said that then I would have been
completely ludicrous uh I'm not saying
I'm not I'm not diminishing the importance of
participating in elections and voting
strategically and voting and creating
political parties or you know I was with
my friend Jeremy Corbin the other day
Islington North Jeremy Corbin uh and you
know we we we demand we demand participation in election but that's not
enough you know B democracy is not going
to change anything I mean it's a could
it would have been banned as we know
from Greece right so if you in the last
chapter and in my previous book um I
make it clear we need a tech Revolution we need to use
these applications in order to organize
resistance against the power of these
clists so for instance let me give you
an example right we need to bring down
the water companies in this country
because neither St nor sunak will do it
how do you do it here's an example what
you we could do we could organize a
payment strike which is strategically
strategically timed so we can find out
for instance through good comrad that we
may have in the financial sector what sentence that was by the way
comrades we might have in the financial
there are people there are sleepers in
there simply because you know they need
a job it's they've been a long time I
meet them I meet them and they come and
whisper in my ear you know I hate this
job but you know what can I do I need to
make some money uh and what is the
alternative poverty how is my poverty
going to help the cause and I say to
them yeah go on but you know there are
people in there and especially after
2008 there were many disenchanted people
people who worked in lemon Brothers you
know I had people from lemon Brothers
come and help me fight the the IMF
because they they they wanted somehow to
redeem themselves as a result of 20
years of destroying the world through
lemon Brothers you know operations anyway and
if there aren't any sleepers in there we
need to study the structure of the the
cdos in these are the financial
derivatives in which T the temps Water
Authority has implanted you know several
of its own bonds and find out when they
are expiring when they are vulnerable
and stage when they are vulnerable a
payment strike for instance let's say
that all the people who have to pay
their bills uh to the temps Water Authority um
in April we don't pay in April we we we
delay it and if you're fined then we
have a crowdsourcing International
crowdsourcing uh campaign to help people
who are in need pay Their fines to the temp Water Authority you know that will bring that will make it bankrupt if we target it properly so you need to combine knowledge about finances knowledge about cdos and derivatives with Collective action which is smart not simply going out on the street because we are very good at mobilizing support for good causes we are not very good at converting that energy into Power into votes into the power to bring down the conglomerates that destroy our environment that destroy our rivers to use that example so I would if I simply said vote for us I would be just ridiculous we need to organize in the way that we've been doing since the19th century I mean what have the trades unions movement been doing it's been targeting the power of the capitalistsof the ones who own the capital goods that furnish them with exorbitant Authority but