In the debut episode of Radical Thinking, a new Guardian series, senior economics commentator Aditya Chakrabortty speaks with former Greek finance minister Yanis Varoufakis. The discussion centres on Varoufakis's assertion that “there’s no such thing as democracy” when markets hold sway.
Clash Over Reforms During Eurozone Crisis
Varoufakis recounts his experience during the eurozone crisis, when he went head to head with those seeking to block his proposed reforms. The episode explores the tension between democratic mandates and financial market pressures.
Who Really Holds Power?
The conversation asks who is truly in charge—the people or the markets—and examines the constraints faced by elected officials during economic turmoil.