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Afternoon Must-Read: Yanis Varoufakis: Confessions of an Erratic Marxist in the Midst of a Repugnant European Crisis - Washington Center for Equitable Growth
Yanis Varoufakis: Confessions of an Erratic Marxist in the Midst of a Repugnant European Crisis: “Europe is experiencing a slump that differs substantially…
… from a ‘normal’ capitalist recession, of the type that is overcome through a wage squeeze which helps restore profitability. This secular, long-term slide toward asymmetrical depression and monetary disintegration puts radicals in a terrible dilemma