POLITICAL ECONOMY | Yanis Varoufakis’s Introduction to The Communist ManifestosteemCreated with Sketch.

in #marxism7 years ago (edited)

The End of Capitalism
Describing the present economic situation as "unsustainable" and fearing the rise of "toxic nationalism", Mr Varoufakis said governments needed to prepare for post-capitalism by introducing redistributive wealth policies.

He suggested one effective policy would be for 10 per cent of all future issue of shares to be put into a "common welfare fund" owned by the people. Out of this a "universal basic dividend" could be paid to every citizen.

See:
https://www.independent.co.uk/news/world/europe/yannis-varoufakis-capitalism-ending-obsolete-former-greek-finance-minister-artificial-intelligence-a8006826.html

More on Yanis Varoufakis’s Introduction to The Communist Manifesto here:
https://www.theguardian.com/news/2018/apr/20/yanis-varoufakis-marx-crisis-communist-manifesto

More on The Communist Manifesto:


https://en.m.wikipedia.org/wiki/The_Communist_Manifesto

More on Karl Mar’s Political Theory here: