What is money and who rules the world? | Yanis Varoufakis | Escaped Sapiens #46

On this episode of the podcast I speak with Yanis Varoufakis about the role of banks and politicians. Yanis is an economist, politician, author and Secretary-General of MeRA25. He is perhaps best known for his role as the Greek Minister of Finance during the Greek credit crisis. In our discussion we cover some fairly big questions: Who really foots the bill when banks are bailed out? Who are the winners and losers during inflation? Are those that control the means of production still the dominant class? Why isn’t the EU home to big tech giants like facebook and amazon? What powers do politicians really have? What might a non-exploitative and sustainable social economy look like in practice and is there a peaceful way to get there? ►For more information about Yanis: ►Follow Yanis on Twitter: @yanisvaroufakis These conversations are supported by the Andrea von Braun foundation (), as an exploration of the rich, exciting, connected, scientifically literate, and (most importantly) sustainable future of humanity. The views expressed in these episodes are my own and those of my guests. Thumbnail image by: Socrates Baltagiannis. Check out his work here: Menu: 0:00 - Introduction 0:55 - Best swimming in Greece. 3:41 - What is money? 9:50 - Why do economies crash? 19:10 - Winners and losers of bank bailouts. 25:40 - Alternatives to saving the bankers. 33:30 - Where are the European Tech Giants? 37:40 - The European Catastrophe. 41:50 - What is the EU lacking? 43:55 - Forced Federation. 52:00 - Who holds power today? 56:30 - Buying shares and using amazon. 59:50 - What makes you happy? ►Subscribe And Turn On All Notifications To See More: Watch These Videos Next: ►Hacking The Blueprint Of Life | Michael Levin | Escaped Sapiens #37 ►How Your Evolved Psychology Controls You | Diana Fleischman | Escaped Sapiens Podcast #28 ►3 Months Lost at Sea, Human Endurance and Ingenuity | Steve Callahan | Escaped Sapiens Podcast #22 ►A Blueprint For Mars Colonization | Robert Zubrin | Escaped Sapiens Podcast #5