{"id":107171,"date":"2023-09-29T12:00:02","date_gmt":"2023-09-29T11:00:02","guid":{"rendered":"https:\/\/www.newsisc.com\/videos\/yanis-varoufakis-on-the-death-of-capitalism-starmer-and-the-tyranny-of-big-tech\/"},"modified":"2023-09-29T12:00:02","modified_gmt":"2023-09-29T11:00:02","slug":"yanis-varoufakis-on-the-death-of-capitalism-starmer-and-the-tyranny-of-big-tech","status":"publish","type":"post","link":"https:\/\/www.newsisc.com\/videos\/yanis-varoufakis-on-the-death-of-capitalism-starmer-and-the-tyranny-of-big-tech\/","title":{"rendered":"Yanis Varoufakis on the death of capitalism, Starmer and the tyranny of big tech"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/i2.ytimg.com\/vi\/Q9lJQONTC7Y\/hqdefault.jpg\" alt=\"Yanis Varoufakis on the death of capitalism, Starmer and the tyranny of big tech\"><br \/> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/Q9lJQONTC7Y\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<p>The world is witnessing an epochal shift, according to Greek economist Yanis Varoufakis: from the now-dead capitalism, to \u201ctechnofeudalism\u201d.<\/p>\n<p>(Subscribe: https:\/\/bit.ly\/C4_News_Subscribe)<\/p>\n<p>In his latest book, the former Greek politician &#8211; who in 2015, at the height of the Greek debt crisis, was catapulted from academic obscurity to Minister of Finance &#8211; argues that insane sums of money that were supposed to re-float our economies in the wake of the financial crisis and the 2020 pandemic have ended up supercharging big tech&#8217;s hold over every aspect of the economy. And capitalism&#8217;s twin pillars &#8211; markets and profit &#8211; have been replaced with big tech&#8217;s platforms and rents; while we, the \u201ccloud serfs\u201d, increase these companies\u2019 power with every online click and scroll.<\/p>\n<p>Today on Ways to Change the World, Yanis Varufakis tells Krishnan Guru-Murthy how the world is grappling with an entirely new economic system and therefore political power, and why Britain and the EU are \u201cirrelevant\u201d compared with the \u201cfiefdoms\u201d of US and Chinese tech firms.<\/p>\n<p>Produced by Silvia Maresca<\/p>\n<p>&#8212;&#8212;-<\/p>\n<p>Watch more of our explainer series here &#8211; https:\/\/www.youtube.com\/playlist?list=PLXjqQf1xYLQ6bu-iixvoFTVsiXQVlVniX<br \/>\nGet more news at our site &#8211; https:\/\/www.channel4.com\/news\/ <\/p>\n<p>Follow us:<br \/>\nFacebook &#8211; https:\/\/www.facebook.com\/Channel4News\/<br \/>\nTwitter &#8211; https:\/\/twitter.com\/Channel4News<br \/>\nTikTok &#8211; https:\/\/www.tiktok.com\/@c4news<br \/>\nInstagram &#8211; https:\/\/www.instagram.com\/channel4news\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world is witnessing an epochal shift, according to Greek economist Yanis Varoufakis: from the now-dead capitalism, to \u201ctechnofeudalism\u201d. (Subscribe: https:\/\/bit.ly\/C4_News_Subscribe) In his latest book, the former Greek politician &#8211; who in 2015, at the height of the Greek debt crisis, was catapulted from academic obscurity to Minister of Finance &#8211; argues that insane sums [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":107172,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[128813],"tags":[135586,135585,129610],"actors":[],"class_list":["post-107171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-channel-4-news","tag-epochal","tag-witnessing","tag-world"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Yanis Varoufakis on the death of capitalism, Starmer and the tyranny of big tech | News ISC Videos<\/title>\n<meta name=\"description\" content=\"Watch Yanis Varoufakis on the death of capitalism, Starmer and the tyranny of big tech for free, here on News ISC. 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