The way Yanis explains things, it makes you almost addicted to learn more. You don't want him to stop talking because he keeps unveiling truths one after the other. He does it in a way that makes sense to the average person, whilst in an intelligent way that reinforces his expertise and mastery of economics. One of the best modern economists of all time.

Yanis is a speaker of the truth. Big respect. We need world leaders like this.

'Cloud Serf' and 'Cloud Capital'. I know what I am. This is an amazing lecture. Yanis has given me a framework in which to understand my economic reality in the 2023 world.

Thank you Yanis for being on the side of truth and justice for all mankind.

He's spot on about Starmer's spinelessness.

Went to school, learned history, said to myself: I'm so lucky I was not born in feudal times! *Decades later* Me: Ouch!

Thank you for the interview with Yanis, such an intelligent & honest human being

A good interview: Guru-Murthy did not try to win an argument but instead put questions that allowed Varoufakis to elaborate.

Vanis is constantly excellent. Highly intelligent, clear-headed, highly analytical, intuitive, courageous, compelling and charming. A highly important thinker and speaker.

Varoufakis is one of the few politicians/economists, who talks any sense. There's no way to get around his absolute logic. 😎

Thank you for this interview, appreciate Channel 4 letting Yanis speak on this

Yanis is the only teacher who can simplify complex ideas elegantly in short period of time!

Yanis nailing it. Excellent interview Krishnan.

Yanis you are too. damn honest and straight forward. How are you still alive? People like you should lead Greece.

I love when he said of Sunak and Starmer, "they're not in power, they're in government".

During the Greek crisis I couldn't get enough of this great Greek then. Now I can even hardly get enough of this guy. He's a gem!

This is a man with a great intellect and vision.

I could listen to Yanis all day, he has such a lovely voice. Happily some brilliant ideas too.

I wish many more people would read and listen to him. He is a clear explainer and not condescending.

Congratulations to channel 4,this was great program,and yanis is truly inspiring ,his clear thinking and honesty is a credit to the Greek people.The only problem is honesty and equality doesn't work in politics.

Varoufakis is the ONLY political figure I admire. He has integrity abounds. He was beaten up by thugs in Greece recently and we all condemned the attack. Im glad he appears to be fully recovered, though the anxiety of being a truth teller in this world must be constant. I joined Diem25 (a pan European political movement) as a direct result of his involvement. Godspeed to Yanis. I wish we could clone the man.

I will never give up believing in Yanis' message. This treadmill of wealth inequality cannot last forever, the people will wake up, it's only a matter of time

This dude is fascinating. Love the way he speaks, even krishnan was enamoured. The concept of techno feudalism 🤯... He is so so right. History really does repeat itself and we really do have a generation of techno surfs feeding their narcissistic overlords. Parasitic wealth accumulation is the mantra of today's financial elite.

I WISH I HAD HIM AS A TEACHER WHILE STUDYING ECONOMICS. I WOULDN'T HAVE QUIT MY STUDIES!!!!! HE IS AN UNBELIEVEABLE SPOKESMAN,SIMPLE AND CLEAR THOUGHTS, SIMPLE WAY OF EXPLAINING . I LIVED IN THE ONLY COUNTRY THAT HAD A SYSTEM HE'S TALKING ABOUT. WE CALLED IT " SOCIALIST SELFGOVERNING"... WE ALL HAD SHARES IN PUBLIC COMPANIES AND WERE INVOLVED IN DECISION MAKING IN COMPANY. IT WAS IN EIGHTIES IN YUGOSLAVIA. EVEN BACK THEN I THOUGHT IT WAS REALLY COOL SYSTEM. THIS WAY THE WORKERS WERE MOTIVATED TO WORK HARDER AND MORE EFFICIENT. THIS MAN IS A GENIUS. I LIKE HIM VERY MUCH . IF HE WASNT SO INTO LGBTQ THING I WOULD SURELY VOTE FOR HIM. HE IS A VERY DANGEROUS MAN THOUGH. DANGEROUS FOR THIS SYSTEM AND I WONDER SOMETIMES HOW THEY STILL LET HIM BREATHE...❤ I THOUGH IT WAS REALLY

This man is an absolute genius

"cloud serf", brilliant observation. I find Yanis to be a voice of reasoned progressive thought.

Yanis is so interesting to listen to - the way he explains things, his in-depth and wide breadth of knowledge, the subject matter and I love his voice. It's probably listen to just about anything he talked about.

I can't get enough of Yanis ever since I heard him discussing the world crisis for the first time in a couple of months if not a few years. He's IMO the David Icke of economics. I know many will disagree or even be crossed with me but he's very awake and conscious but very "professional".

One of my favourite political commentators. Read two of his books and will be reading this new one

An amazing interview with one of the best thinkers and economists out there!

I loved all the thoughts and propositions made by Varoufakis. I was also amused with Guru-Murthy's discomfort at his remarks about the spinelessness of both Starmer and Sunak; that it now makes no difference who is in government. Yanis Varoufakis is one of those rare people in politics - a truth teller. The powers that be don't like that, an example being perhaps the spurious accusations made by a gang of hired thugs who beat up Yanis in Athens earlier this year.

Great interview! I never attempted to understand anything about economics. Will have to let it sink in. Varoufakis is a very clear thinker. Thank you.

It doesn't matter which side of the great divide you're on. This man speaks a lot of truth!

Always love to hear from Yanis. One of the GOATs.

Yanis clearly knows his business because he explains it so clearly that the average chap can understand. Will be buying his book.

Respect how he is honest and admits he failed in what he was trying to do, makes me able to take him more seriously

I am French and I sometimes had difficulty understanding what he was saying but I constantly went back to make sure I understood all his thoughts...because I was convinced that I was listening something important.Thank you Yanis....and well done Channel 4!

This guy always hits the nail on the head

I ❤ this guy!!! Worth listening all his interview / podcasts

Grateful to have come across this interview. Greetings from Sydney Australia. Be stoic , healthy and wise. Most importantly stay free as possible.

Yannis was, and still is, a voice of sense and inspiration

He makes such a good point. Something we all know but struggle to out into words, he's really nailed down a great framing of it. Also, the simple observation he made about Facebook spending 1% of their revenue on employees vs 'old' companies spending 80% is a great one.

this Greek Yanis is easy to listen to. he is on point and more .I cannot have enough.

Great discussion, appreciated the transparency and truth from Mr Varoufakis.

Varoufakis is so clever and knowledgeable! I'm impressed and thirsty to learn more about fair economics.

Bloody brilliant! that was so inspiring, the world needs big bold revolutionary thinkers like Yannis !

I love and admire this man. He talks in a sophisticated way but with heartfelt dedication. You know he uses his enormous intellect to produce ideas for the benefit of the common folks. I hipe that sooner or later his ideas take hold. Capitalis. Must die or we must kill it if humanity is to survive.

In my view, he is the only person who explains what is going on today in a way that is easy for everyone to understand. I love his explanations and they should be heard by everyone.

A very very engaging, interesting, informative and charismatic man. I've a lot of respect for Yanis.

Yanis is a master economist. He once said that Thatcher is the worst thing to happen to England since the great wars because she sold all of our highly lucrative nationalised industries to other governments, hence why the French government receive most of the profits from our energy bills.

One of the few people who understands, and articulates so well, that Eurozone members can go bankrupt (and have already, in the case of Greece). Those with sovereign currencies cannot, because their debts are denominated in their own currencies, which they can print to meet their obligations. The Euro was created to eventually force the EU into a debt crisis where making it a federal state is the solution. However, any country attempting to be in the EU without being in the Eurozone will be at a competitive disadvantage that will increase as time passes. The focus on immigration and blue passports during Brexit was all nonsense. This is absolutely the most important reason why it was the right decision, regardless of how our low-calibre politicians mess it up.

Thank you Yanis and thank you Krishnan for the great questions and hosting!

This is why “getting the message” is important. We should never have ceded the public and commercial spaces to wealth, so they became yet again all things.

Wow, I could listen to Yanis forever. If only all politicians and business men were like this. Educated, reasonable and fair.

Excellent interview. I like Varoufakis very much, he isn't like 99% of our (corrupted) politicians, and is thus free to come-up with solutions that will work for the people, not the big corporations.

Never heard about Yanis before, but amazing insights, captivating interview. I will look into his book. Of course nations to fail and corporates to rule paradigm is long discussed but laying out in this structural manner was very enlightening.

Very insightful and interesting conversation. His analysis of Starmer is very accurate.

Yanis is a genius.

Yanis is fantastic thinker. Love his take on big tech. His willingness to talk about his time in politics and tell it as it did transpire is refreshing. The only time he looses me is when he talks of his ideas on solutions specifically the democratisation of corporate decision-making.

One of my favourite commentators: a clear, informative and interesting analysis

Great views, it's really sad he is not in the Greek parliament. Domestically he is ridiculed by the media and other politicians, while internationally he is esteemed. As a Greek/British it is so sad to see how he is treated in Greece

Listening to Yanus is so therapeutic and refreshing. I can be a student for his analytical skills.

Well done Yanis Yaroufakis. You explain the current world economy situation in a clear and concise manner. I learnt a lot from you. Thanks, mate.

This is a quality take by Yanis

15:48 it makes perfect sense when you understand who supplies software, infrastructure and cloud as a service. AWS, Microsoft Azure. Once you understand this, you’ll get what Yannis saying.

Wow .. even I, an ageing artiste, understand that this man was ahead of his time in Greece, but probably right on the money today. Thank you for introducing us to h8m.🌹🌹

Yanis does an easy-to-follow description, and explanation of the mechanisms changing our monetary, economic and political environment. Well done!

Always a pleasure to listen to Yanis.

Fantastic interview with a fascinating man. I love everything he says and, what’s more, I agree with everything he says

Yanis is the only person making any sense right now. He is truly extraordinary, thank you for the interview Krishnan.

Yanis has a wonderful understanding of history and our mental state and our place in context. Brother welcome 🙏.

I’d argue this is also happening in the property market, with corporations like Lloyds and John Lewis in the UK buying up properties to rent them out instead of allowing people to buy them. So we end up paying ‘subscriptions’ for everything including housing, not very different from feudalism as Yanis argues. Once AR/VR takes over, you technically just need a room with a bed / somewhere to sit down and eat, and then live most of your life virtually by either projecting amenities into the empty room via AR or just disappearing totally into VR, giving tech corporations total control over all our lives.

100% agree with this fella. Does he have a podcast anywhere?

For everyone asking, the company which he is mentioning is Valve. Yanis started to work for Valve in the Year 2012.

He is a man who knows everything! God bless the man.

Just wanted to comment on the exceptional technical quality of this interview. sound quality, lights and colors are just perfect.

First became aware of Yanis in 2015 when Greece economy tanked, such an articulate man where I learn something every time I listen to him. Just wish he was involved in UK politics!

Totally agree Yanis 100% correct.

I remember reading schumpeter and his predications about capitalism’s survival and it seems as if his conclusion was slightly close but that Yanis has figured it was actually capital to limit itself through cloud capital and rents (turning into ‘technofeudalism’) instead of a intellectual socialist class. By far the most interesting insight to our modern context that I could never quite grasp myself until now. It seems - like with landlords - similarly there is also a freehold and lease system. For example certain stores for applications may use AWS to serve a storefront which charges commission (rent) to other digital creators etc. etc. so quite literally a lot of tech stems from a centralised freeholder of land that leases and leases and the money returns to the top. (Like that triangle they show everyone in school) While it is true that with our current context a centralised big tech world is indeed feudalistic in its distribution of funds what is potentially missed is differing web models. With the introduction of blockchain technology web 3 could potentially mean a decentralised system where commissions for transactions are dispersed instead of aggregated to one large central entity. (Surprised interviewer didn’t mention this point). But still the issue of cloud serfs would exist with advertising models and data collection like Yanis mentions. A dispersed model may give people more web sovereignty but still many voluntarily would waiver their ‘labour’ for whatever services they are addicted to. And I do think in this sense considering these are realms of public communication the web should be more democratised and policy should make sure so. I think tech is so profitable because the marginal cost of one extra user is next to nothing yet the rent gained is massive. In this sense big tech should have a special regulatory framework. Just rambling along Yanis really got me thinking. Haven’t heard something quite this revolutionary in a long time. Thank you Yanis!

Fascinating ideas. Never looked at Jeff Bezos as the owner of a marketplace collecting rents but this is actually a fascinating idea. And explains in part why China wanted to regain control on tech. And why people should worry when Elon Musk wants to make X a super app. a super app fits so well into this analogy. Anyway, always good to hear ideas from this intelligent man

'if you're not paying for the product, you are the product' Yanis is a good fella to learn from. no matter if you are right or left. and especially if you are neither right nor left

When Yanis speaks people listen. It is difficult to find capitalism unravelled as expertly as he does in a way that your average person will get - but don't be under any doubt, his intelectualism in the way he explains is superb. Efharisto Yanis.

Excellent and fascinating interview. I was suggesting the idea of the "users" being shareholders of cloud platforms back in 2014 but I was laughed at and ridiculed. Therefore this interview comforted me somewhat. To hear someone of this calibre explaining the |dire] situation we find ourselves in so succinctly and bringing up that idea as a solution quite took me by surprise. Sharing in the ownership of a cloud platform would not only release enormous sums of capital to the individual but would help solve the coming unemployment crises due to Ai replacing millions of jobs and careers. I really hope Govts start to listen to people like Yanis Varoufakis so we [collectively] can begin to create a more fairer future for our children and grand children. However I don't hold much hope for that ever happening in my lifetime. But if we don't start somewhere, then not only are we going to live in an ever more stronger form of techno feudalism but something even more horrifying, something like a technologically driven totalitarianism of which will be so powerful that any form of individual freedom will be vanquished from civilisation for the foreseeable future. One last thing; the fact that Yanis Varoufakis distrusts Kier Starmer only made me like him even more. When Starmer won the leadership I wrote in a Labour FB group that he was a "spineless fraud and back stabbing traitor who is only it in for himself." Again I was laughed at and ridiculed by the majority people in that group who said: "give him a chance!" Now the same people who ridiculed me are disgusted with him. I don't expect an apology.

Absolutely brilliant interview

Yanis’ podcast interviews with the likes of Sam Harris and Joe Rogan are always incredibly interesting. Find myself listening several times 👍

Yanis is always brilliant in his breaking down of complex issues.

I LIKE YANIS HE'S STRAIGHT FORWARD AND TELL THE TRUTH.

Excellent interview. So well informed. Thank-you

Mr Varoufakis is so brilliant, noble Greek man

Thanks to Yanis I am cancelling my social media, including his UKposts videos.

Uncle Yanis speaking FACTS!!

Superb interview and not what I've come to expect from channel4 (or any equivalent). This is the content, that we should be broadcasting to make us think about different ways of seeing the world we are in today. I hope it continues and includes conservative thinkers as well as more like Yanis.

Fascinating Yiannis. As always, plenty of food for thought. Yiamas!

Yannis is full of knowledge, wisdom and intelligence, he’s an academic marvel. It’s so inspiring and educationally satisfying to hear this guy speak and explain complex economic matters in an easy to digest fashion. The firm grasp that he has of the global economic framework from Corporate down to the individual level and its evolution is amazing. I could sense Krishnan was struggling a bit to hang in there as Yannis, opened one interesting door after another on how the global economy has changed and why. I feel we are luckily to have such a gifted educator and intellectual with his heart in the right place. It’s funny to believe he was technically an Essex boy as an undergraduate in the 1980s 😂Not exactly an area of England or finishing school background I envisaged for a world famous economic and political figure. But then maybe my mind is poisoned with the negative ‘chav’ social stereotype of the area that many English people are aware of. These stereotypes can even overshadow the good academic reputation of the universities and institutions in the area and their famous alumni.

He explained his point so well

This kept me watching until the end. Yanis speaks alot of truth, technofeudalism is what we are living in. I think rather then have the central bank create a digital account (that they can track and control) a better solution would be to de-capitalise the banks and turn them into not for profit organisations that help individuals and businesses flourish (which is what we actually need them for).

I never thought of Capitalism and Feudalism like this, and that's why such talks are so valuable. Varoufakis is compelling.

Fascinating interview with some genuinely novel thinking. Kudos Channel 4.

Absolutely love this guy..he makes so much sense.

For anyone wondering what company he worked for. It's Valve.