Why did he call it dark? Because it was founded on a dark, unspoken, implicit pact between America's ruling class and foreign capitalists and rentier… - Yanis Varoufakis

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Why did he call it dark? Because it was founded on a dark, unspoken, implicit pact between America's ruling class and foreign capitalists and rentiers.

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About Yanis Varoufakis

Yanis Varoufakis (Greek: Γιάνης Βαρουφάκης, pronounced [ˈʝanis varuˈfacis]; born 24 March 1961) is a Greek-Australian economist. He is the former finance minister of Greece. Varoufakis was a member of the Hellenic Parliament for Athens B from January to September 2015; he regained a parliamentary seat in July 2019.

Also Known As

Native Name: Ιωάννης Βαρουφάκης Γιάνης Βαρουφάκης
Alternative Names: Ioannis Varoufakis Ioannis Georgiou "Yanis" Varoufakis
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Additional quotes by Yanis Varoufakis

What did they understand better than we did? They understood better than we did the new, audacious imperialism that was born in 1971, when Bretton Woods collapsed, and the United States dollar was no longer convertible to gold, prompting [President] Richard Nixon to send a message to Europeans, European governments, and the world's capitalists, saying: "The dollar, as of today, is your problem".

I mean, the enclosures in Britain would never have happened without the king's army and without state brutality for pushing peasants off their ancestors' land and creating the commodification of labor, the commodification of land which then gave rise to capitalism.

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Without the dollar's and America's global dominance, Chinese, Japanese, Korean, or German capitalists would not have been able continually to extract colossal surplus value from their workers and then stash it away in America’s rentier economy.

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