Yanis Varoufakis' two proposals for escaping Debt and Capitalism: "One employee, one share, one vote" (=workers' self-management) + a free digital wallet to all (from the Central bank) so that everyone could transact directly without banks. Certainly, two clear proposals but can they be implemented from below? Or without someone (party/alliance etc) espousing them gaining considerable power? And...Yanis Varoufakis' two proposals for escaping Debt and Capitalism: "One employee, one share, one vote" (=workers' self-management) + a free digital wallet to all (from the Central bank) so that everyone could transact directly without banks. Certainly, two clear proposals but can they be implemented from below? Or without someone (party/alliance etc) espousing them gaining considerable power? And even if they do, could these be applied in just one country, or would we have a repetition of the Greek summer of 2015 with currency controls and long ATM queues? And how would these two measures exactly guarantee equality and even avoid new debt being generated? Old and new questions seeking answers... the truth is that the problem is not just capitalism, it is a lot more complicated. It's one thing accurately summarizing how the current system works and another how to replace it with a better system that will also work, against formidable and multi-faceted opposition. newint.org/debt/2024/problem-capitalism
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