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

in marxism •  7 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:

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