US ‘Neo-Imperialist’ Dollar Scheme Explained by Economist Yanis Varoufakis
SHORT VIDEO CLIPS, 20 Feb 2023
Greece’s former Finance Minister Yanis Varoufakis explains the US system of “neo-imperialism” based on the dollar, an “IOU issued by the hegemon”, which finances a huge trade deficit by letting foreign capitalists “extract colossal surplus value from their workers and then stash it away in US’s rentier economy”. Sources and more information here: https://geopoliticaleconomy.com/2023/…
Tags: Capitalism, Casino Capitalism, Catastrophe Capitalism, Corruption, Disaster Capitalism, Dollar, Economics, Elites, Finance, Greed, Hunger, Inequality, Monopoly Capitalism, Post-capitalism, Predatory Capitalism, Profits, Right to Food, Super rich, World Order
This article originally appeared on Transcend Media Service (TMS) on 20 Feb 2023.
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