Yanis Varoufakis and the misreading of ‘capitalism’
‘Men make their own history, but they do not make it as they please;’ K Marx 1 Varoufakis makes a serious misreading of ‘capitalism’ and its sources. These errors are important to understanding the future. The first misreading is to assume ‘capitalism’ as currently conceived existed in the past and therefore has changed today towards techno-feudalism. A second error is not to see that the concept of ‘capitalism’ as an ‘epoch delimited idea’ whose true shadow is only revealed at…