Economic Update: Yanis Varoufakis on the Changing World Economy

[EU S14 E35] Yanis Varoufakis on the Changing World Economy On this week’s episode of Economic Update, Professor Richard Wolff draws attention to the 10,000 hotel workers who recently conducted a strike impacting major hotels across 19 US cities. We highlight the contested merger of the two largest grocery chains in America. Albertsons and Kroger threaten to become the third largest retail giant after Amazon, and Walmart plus the Canadian government forces 9000 Canadian railway striking workers back to work, with murmurs of a general strike looming. We also give a shout-out to a small Brooklyn pizzeria unionizing with Starbucks workers. Finally, an exclusive interview with world-renowned economist, politician, author, and the former finance minister of Greece Yanis Varoufakis discusses global economic change and the working class, topics discussed in his latest work “Technofeudalism: What Killed Capitalism“. If you haven’t already, please subscribe to our channel, follow us on social media and of course be sure to sign up on our website: As always, we thank you for your attention, support, and solidarity. The d@w Team Economic Update with Richard D. Wolff is a Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so. You can support our work by joining our Patreon community: Or you can go to our website: Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can’t get anywhere else. We want to thank our devoted community of supporters who help make this show and the others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: Professor Wolff’s latest book “Understanding Capitalism“ is available now for purchase: