{"id":228929,"date":"2023-02-20T12:01:34","date_gmt":"2023-02-20T12:01:34","guid":{"rendered":"https:\/\/www.transcend.org\/tms\/?p=228929"},"modified":"2025-01-10T15:06:22","modified_gmt":"2025-01-10T15:06:22","slug":"us-neo-imperialist-dollar-scheme-explained-by-economist-yanis-varoufakis","status":"publish","type":"post","link":"https:\/\/www.transcend.org\/tms\/2023\/02\/us-neo-imperialist-dollar-scheme-explained-by-economist-yanis-varoufakis\/","title":{"rendered":"US &#8216;Neo-Imperialist&#8217; Dollar Scheme Explained by Economist Yanis Varoufakis"},"content":{"rendered":"<div id=\"info-container\" class=\"style-scope ytd-watch-metadata\"><strong><span class=\"style-scope yt-formatted-string bold\" dir=\"auto\">3 Feb 2023<\/span><\/strong><\/div>\n<blockquote><p><span class=\"style-scope yt-formatted-string\" dir=\"auto\">Greece\u2019s former Finance Minister Yanis Varoufakis explains the US system of \u201cneo-imperialism\u201d based on the dollar, an \u201cIOU issued by the hegemon\u201d, which finances a huge trade deficit by letting foreign capitalists \u201cextract colossal surplus value from their workers and then stash it away in US\u2019s rentier economy\u201d. Sources and more information here: <\/span><a href=\"https:\/\/www.youtube.com\/redirect?event=video_description&amp;redir_token=QUFFLUhqbWV2czlSVmtMb19MRzIyQzdReG9kMlJpanJiZ3xBQ3Jtc0ttVUtoWTVlWXVQUzhNeTZOOHozcEo4N0ZDclkwejlyTUsxbUhkck9NSWlZVE5KaUZmNlozbTZRa2JfWEhacjhGaGNLMWlpeVZISXhMYm02eVR0U3gweW1PRzVxNEVSYnRCV3hQeEd2ZXJ1RkNtbmR5dw&amp;q=https%3A%2F%2Fgeopoliticaleconomy.com%2F2023%2F02%2F03%2Fus-imperialism-dollar-hegemony-yanis-varoufakis&amp;v=yohXMsuxzDA\" class=\"yt-simple-endpoint style-scope yt-formatted-string\" dir=\"auto\" spellcheck=\"false\"  target=\"_blank\" rel=\"nofollow noopener\">https:\/\/geopoliticaleconomy.com\/2023\/&#8230;<\/a><\/p><\/blockquote>\n<p>httpv:\/\/www.youtube.com\/watch?v=yohXMsuxzDA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>3 Feb 2023 &#8211; Greece&#8217;s former Finance Minister explains the US system of \u201cneo-imperialism\u201d based on the dollar, which finances a huge trade deficit by letting foreign capitalists \u201cextract colossal surplus value from their workers and then stash it away in US\u2019s rentier economy\u201d.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[232,550,2825,354,555,562,626,1966,610,2198,2060,1714,1213,1160],"class_list":["post-228929","post","type-post","status-publish","format-standard","hentry","category-short-video-clips","tag-capitalism","tag-corruption","tag-dollar","tag-economics","tag-elites","tag-finance","tag-greed","tag-hunger","tag-inequality","tag-post-capitalism","tag-profits","tag-right-to-food","tag-super-rich","tag-world-order"],"_links":{"self":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/posts\/228929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/comments?post=228929"}],"version-history":[{"count":1,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/posts\/228929\/revisions"}],"predecessor-version":[{"id":284562,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/posts\/228929\/revisions\/284562"}],"wp:attachment":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/media?parent=228929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/categories?post=228929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/tags?post=228929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}