Save Big on Coursera Plus. 7,000+ courses at $160 off. Limited Time Only!
Explore a thought-provoking 20-minute TED talk by economist Yanis Varoufakis, former Minister of Finance for Greece, as he delves into the complex relationship between capitalism and democracy. Discover why politicians seem less effective and governments struggle to solve real problems in today's world. Learn about the shift of power from politics to those controlling the economy, and how the mega-rich and corporations are impacting the political sphere. Examine Varoufakis' vision for a world where capital and labor coexist harmoniously, blending libertarian, Marxist, and Keynesian ideologies. Gain insights into the current state of global economics and politics, and consider the potential consequences if action is not taken to address these issues.