Talking to My Daughter About the Economy: or, How Capitalism Works—and How It Fails

Talking to My Daughter About the Economy

or, How Capitalism Works—and How It Fails

2013 • 224 pages

Ratings26

Average rating4.4

15

The books is very approachable in explaining concepts like state debt and unemployment. I don't regret reading it and can even recommend with an important caveat: it is poisoned with etatism. Varoufakis sees the state as an ultimate solution to all the problems, while most of the times it is exactly the source of these problems. To be fair he does mention the inherently unbreakable bond between bankers and politicians couple of times, but still justifies strong state existence. He even sees the wise state as a solution for bitcoin-related scums. Who else gonna help us poor little bastards to live our lives if not the almighty state, right? (No)

November 8, 2021