acTVism Munich

By: Zain Raza

Yanis Varoufakis on Debtors‘ Prison, John Maynard Keynes & the Double Standards of the EU

In this video founder of the Democracy in Europe Movement 2025 and former finance minister of Greece, Yanis Varoufakis, talks about the concept of „Debtors‘ Prison“ and the economic ideas of John Maynard Keynes. In addition Varoufakis surfaces the double standards of the European Union regarding the enforcement of economic rules amongst different member states.

To view our video playlist with Yanis Varoufakis & DiEM25, click here.


Yanis Varoufakis is a professor of Economic Theory at the University of Athens, former finance minister of Greece and founder of the Democracy in Europe Movement 2025 (DiEM25). Varoufakis is also the author of several books on the European debt crisis, the financial imbalance in the world and game theory.

DiEM25 is a pan-European, cross-border movement of democrats that is focused on addressing the economic and social problems faced by Europe today. It provides an alternative to austerity policies that it  argues are dividing the continent and fueling the rise of “international nationalists“.