Tag Archives: global issues

Yanis Varoufakis in TED talks: Capitalism will eat democracy – unless we speak up!

26 Jan

By Keffyalew Gebremedhin – The Ethiopia Observatory (TEO)
 

TED: Yanis Varoufakis thinks we need a radically new way of thinking about the economy, finance and capitalism.
 

“Have you wondered why politicians aren’t what they used to be, why governments seem unable to solve real problems? Economist Yanis Varoufakis, the former Minister of Finance for Greece, says that it’s because you can be in politics today but not be in power — because real power now belongs to those who control the economy.”
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Pope Francis:                                 “We are asked to summon the courage and the intelligence to resolve today’s many geopolitical and economic crises”

25 Sep

By Keffyalew Gebremedhin – The Ethiopia Observatory (TEO)

    “It goes without saying that part of this great effort is the creation and distribution of wealth. The right use of natural resources, the proper application of technology and the harnessing of the spirit of enterprise are essential elements of an economy which seeks to be modern, inclusive and sustainable. “Business is a noble vocation, directed to producing wealth and improving the world. It can be a fruitful source of prosperity for the area in which it operates, especially if it sees the creation of jobs as an essential part of its service to the common good””
    – Pope Francis

 
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