Introduction to Pluralism in Economics - From an Economics-without-Capitalism to Markets-without-Capitalism

Yanis Varouvakis
Universität Tübingen, Rethinking Economics, 2020
Level: beginner
Topic: Capitalism, introductory courses, mainstream critique, philosophy of science
Format: Lecture
Duration: 01:30:42

Prof. Yanis Varoufakis talks in this introductory lecture about the future of our economy and the current state of economics with special regard to pluralism in economics.

Mainstream economic models lack some important features of really-existing capitalism, including money, time and space. Its models offer ideological cover for a capitalist system that has usurped competitive, free markets. The result? Unbearable inequality, climate catastrophe and permanent stagnation. A fork on the road is approaching: It will take us either into deeper stagnation and environmental degradation or to a society with markets but no capitalism.

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This project is brought to you by the Network for Pluralist Economics (Netzwerk Plurale Ökonomik e.V.).  It is committed to diversity and independence and is dependent on donations from people like you. Regular or one-off donations would be greatly appreciated.