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Intelligence Squared

Martin Wolf and Yanis Varoufakis on the Future of Capitalism - Part 1

Intelligence Squared

Intelligence Squared

News, Society & Culture, Arts, News Commentary

4.21.2K Ratings

🗓️ 4 May 2023

⏱️ 24 minutes

🧾️ Download transcript

Summary

This episode brings you part one of our live event, System Error: Should We Fix Capitalism or Abandon It? Chief Economics Commentator at the Financial Times, Martin Wolf, and Greek Politician and Economist, Yanis Varoufakis, debate their views on the future of capitalism. In his new book, The Crisis of Democratic Capitalism, Wolf argues that democratic capitalism remains the best system for human flourishing, while Varoufakis advocates for a post-capitalist world without banks, billionaires, or tech giants. BBC journalist and broadcaster, Ritula Shah, was our host for the night. Parts two and three of this event are available ad-free for subscribers now. For our listeners who don’t subscribe, part two will be available in our next episode. We also have a special bonus episode for subscribers from our series Bright Sparks, where we’ll be hearing from both Yanis and Martin on the creative ideas that make them tick. This event originally took place at the Tabernacle in London on February 9th 2023 and was produced by Executive Producer Hannah Kaye, with editing by Executive Producer Rowan Slaney. — We’d love to hear your feedback and what you think we should talk about next, who we should have on and what our future debates should be about. Send us an email or voice note with your thoughts to podcasts@intelligencesquared.com or Tweet us at @intelligence2.  At Intelligence Squared we’ve got our own online streaming platform, Intelligence Squared+ and we’d love you to give it a go. It’s packed with more than 20 years’ worth of video debates and conversations on the world’s most important topics as well as exclusive podcast content. Tune in to live events, ask your questions or watch on-demand, totally ad-free with hours of discussion to dive into. Visit intelligencesquaredplus.com to start watching today. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:09.0

A city-sized playground in a vast desert, where the tallest building in the world dwarfs

0:14.2

super-sized superyots, and there's no end to high-end shops.

0:21.0

So go big, go bold, go beautiful, and fly to Dubai with Virgin Atlantic, book now.

0:30.0

Hello, this is Jeremy Bowen, the International Editor of BBC News.

0:34.0

And I'm here because I want to talk to you about an event I'm doing

0:38.0

with Intelligent Squared on the 2nd of November in London, and I'm going to be talking about

0:44.0

the more than 30 years that I've spent reporting on major events in the Middle East

0:49.0

with my great friend and colleague over many, many years, Justin Webb.

0:55.0

And I'm sure we'll talk about a few other things as well.

0:59.0

Justin and I started at the BBC on the same day in 1984.

1:05.0

So if you'd like to join us either in person or online, then visit IntelligentSquared.com

1:14.0

to find out more.

1:17.0

Hello, I'm Hannah K, Executive Producer at Intelligent Squared.

1:21.0

We thrive on asking the big questions.

1:23.0

And right now there's an abundance of pressing issues demanding our attention.

1:27.0

Is AI a looming threat? Where is the global economy heading?

1:31.0

How will the war in Ukraine unfold? And can we avert climate disaster?

1:35.0

Like you, we want answers to these vital questions.

1:38.0

That's why we're redoubling our efforts to do what we do best,

1:41.0

gathering the most influential and insightful speakers

1:44.0

who can provide the answers we seek.

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