Cristian

“It may seem paradoxical to you that preventing the destruction of the environment by market society’s preference for exchange value over experiential value should require us to convert every last remaining experiential value into exchange value, but this type of thinking and proposal is currently all the rage.”
― Yanis Varoufakis, Talking to My Daughter

“The inherent vice of capitalism is the unequal sharing of blessings,’ he said in a debate in October. ‘The inherent virtue of Socialism is the equal sharing of miseries.”
― Andrew Roberts, Churchill: Walking with Destiny

“The stigma attached to the charging of interest was simply incompatible with the commodification of land and labour and with the Great Reversal. It had to be overturned – and so it was. The Protestants, who broke away from the Catholic Church in the sixteenth century, played a crucial role in this reversal. Protestantism emerged in opposition to the Pope and the cardinals’ monopoly of God. Protestants insisted that anyone could speak personally with the divinity, unmediated by an authoritarian, stifling Church. Suddenly, the person, the individual who is the director of his own affairs, became the pillar of that reformed Church.”
― Yanis Varoufakis, Talking to My Daughter

“Very briefly, this simple, practical measure would be for a portion of the machines of every company to become the property of everyone – with the percentage of profits corresponding to that portion flowing into a common fund to be shared equally by all. Consider what effect that would have on the course of human history. Currently, increasing automation reduces the portion of total income that goes to workers, diverting more and more money into the pockets of the rich who own the machines. But as we have seen, this ultimately diminishes demand for their products, as the majority have less and less money to spend. But if a portion of the profits were to go automatically into the bank accounts of the workers as well, then this downward pressure on demand, sales and prices would be alleviated, turning the whole of humanity into the beneficiary of the machines’ labour.”
― Yanis Varoufakis, Talking to My Daughter