While the ‘enfant terrible’ of the financial media, Greece’s new finance minister Yanis Varoufakis, enters key negotiations with other Eurozone finance ministers on a deal over Greek debt and economic recovery, I have been reading up on Varoufakis’ economics and philosophical ideas.
As a trained economist who has held many academic posts in various universities around the world, YV considers himself a Marxist, but an ‘erratic’ one. As he put it in a post on his blog back in 2013 (http://yanisvaroufakis.eu/2013/12/10/confessions-of-an-erratic-marxist-in-the-midst-of-a-repugnant-european-crisis/#_edn2), “while an unapologetic Marxist, I think it is important to resist him passionately in a variety of ways. To be, in other words, erratic in one’s Marxism.”
In his confessional post, VF explains that, although he considered himself a Marxist, he avoided studying Marxist economics at university because he wanted to understand and take on the basic premises of mainstream bourgeois economics. “When I chose my…
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