Yanis Varoufakis – The euro and Steve Bannon’s Fascist International

On 17th October 2018, Valdis Dombrovskis, Vice President of the European Commission, addressed the Oxford Union in support of the motion that “the euro has never been stronger“. Today, Friday 16th November 2018, Steve Bannon is addressing the Oxford Union also. In between, on Wednesday 14th November 2018, I had the opportunity to also address the Oxford Union with the following message: The euro’s inane architecture caused and reinforced the colossal crisis in Europe which underpinned Brexit and begat fascist movements across the continent – the ones Mr Steve Bannon is now cultivating into a Nationalist International.

In this context, Mr Dombrovskis and Mr Bannon represent the two sides of the same coin: an axis of authoritarian politics and ludicrous economic policies turning Europe into Donald Trump’s ultimate dream – a reactionary, divided Europe that serves perfectly well his designs for a reactionary, divided world. The two men, I added, share something else too: On hearing that the Oxford Union had invited me to be his opponent on 17th October, Mr Dombrovskis’ office demanded that I be dis-invited. Similarly, Mr Steve Bannon withdrew from a debate between us that was to have taken place earlier.

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