Yanis Varoufakis
- Indexed articles, last 90 days
- 2
- Latest publication
- Sep 23, 2026
- Outlet visibility, for Countercurrents
- Top 1M sites
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- Aug 7, 2026
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The AI Productivity Delusion | Countercurrents (opens the original)
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ATHENS—Is AI a bubble? It all depends, we are told, on whether massive investments in the technology will massively boost productivity. Optimists are convinced that future productivity gains will be colossal, even if a market correction is necessary to draw some hot air out of the current boom. Pessimists, from Goldman Sachs’ Jim Covello to MIT’s Daron Acemoglu, have their doubts. But optimists and pessimists alike are in the grip of what I call the AI productivity delusion. What both sides miss
The Marxist Case for the Technofeudal Hypothesis | Countercurrents (opens the original)
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When my book Technofeudalism was published, I had not imagined that it would be embraced by the likes of Steve Bannon but I had fully anticipated a barrage of criticism from Marxist thinkers, especially in response to the book’s provocative subtitle (What Killed Capitalism). Conceived as a Marxist analysis of the present historical moment, but written for a broader audience, a presentation of its thesis tailored for Marxist readers was always on the cards. Now, three years and several critical r
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