Author: Yanis Varoufakis – Greek economist, former finance minister during Greece's debt crisis, and professor at the University of Athens. A radical thinker who blends Marxist theory with game theory, known for his fiery TED Talks and opposition to EU austerity policies.
Key Insights:
This accessible economic manifesto breaks down capitalism through storytelling:
Capitalism’s Origins:
From barter to Bitcoin: Why money is a "shared myth"
The birth of profit: How surplus value created inequality
Systemic Flaws:
The "Great Moderation" lie: Why crises are inevitable
Robot dilemma: Automation vs. wages in the 21st century
Hope for Change:
Universal Basic Income as a solution
Democratizing companies (like his Democracy in Europe Movement)
Teaching Tools:
Explains GDP using Robinson Crusoe
Compares stock markets to casinos