The West’s Iran crisis: Global recession & Russian revenue

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the crumbling facade of Western geostrategic and economic orthodoxies, arguing that the United States has already reached a military checkmate against Iran, while simultaneously warning that Europe’s delusion of energy independence and perilous vulnerability to supply shocks will likely collapse into a humiliating, American-mediated return to Russian gas. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dismantle the orthodoxies of European leadership and AI-driven warfare, breaking down how the EU’s structural fragmentation make it incapable of filling the global power vacuum, and exposing how corporations like Palantir provide absolution from accountability by replacing human judgment with the clinical, automated efficiency of cloud capital. Hosted on Acast. See acast.com/privacy for more information.

Live from a packed Emmanuel Centre, the Econoclasts brought their podcast to London for a sweeping ‘around-the-globe’ deconstruction of the failing orthodoxies shaping our modern world. From the structural drivers of ‘forever wars’ in the Middle East to a sobering analysis of the Ukraine-Russia stalemate and the undeniable rise of Chinese technological supremacy, Yanis Varoufakis and Wolfgang Munchau strip away the myths regarding China’s industrial success and Europe’s own productivity collapse, and debate whether the West’s current trajectory can be reversed or if we are witnessing a permanent shift in the global balance of power. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dismantle the narratives surrounding the closure of the Strait of Hormuz, breaking down how the resulting energy shock could trigger a permanent global recession. As the West faces systemic economic damage and a depleted military arsenal, and Russia reaps a massive financial windfall, is the West sleepwalking into a dual defeat in both Iran and Ukraine? Hosted on Acast. See acast.com/privacy for more information.

🔗 Click the following link to get tickets to 'The Econoclasts LIVE' in London on March 23rd: https://unherd.com/econoclastsliveIn this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau strip away the orthodoxies surrounding the ongoing conflict with Iran, and – via analysis of the 1953 CIA coup to the modern-day ‘Syrianisation’ of the Middle East - reveal a strategy-less West paralysed by its own deindustrialisation, dangerously dependent on China, and projecting power externally to mask a profound systemic rot at home. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau target the orthodoxy of NATO’s post-1991 expansion as well as dismantling the prevailing narrative surrounding the war in Ukraine, including the logistical delusion of a Western victory and the dereliction of duty by European leadership that risks a global escalation. Hosted on Acast. See acast.com/privacy for more information.

🔗 Click the following link to get tickets to 'The Econoclasts LIVE: Is Russia really a threat to Europe?' in London on March 23rd: https://unherd.com/econoclastsliveIn this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the geopolitical fallout of the U.S. bombing campaign against Iran, arguing that the strikes signal a definitive shift toward a "permanent war doctrine" and expose how Donald Trump has abandoned his non-interventionist promises to embrace a neocon agenda of regional destabilisation. From the erosion of European sovereignty to the strategic victories handed to China and Russia, Yanis and Wolfgang challenge the "weapons of mass destruction" pretexts of the past and analyse the high economic and human cost of a conflict that seems designed to have no end. Hosted on Acast. See acast.com/privacy for more information.

🔗Go to unherd.com/econoclastslive to get your tickets to Yanis & Wolfgang's upcoming event!In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau pull back the curtain to reveal the shifting tectonic plates of the global economy, arguing that the world’s fixation on Donald Trump’s tariffs and Supreme Court rulings is a dangerous distraction from a much more profound transformation – namely a new form of power that allows Big Tech to hold the West to ransom, and an AI revolution that will permanently dismantle the foundations of human agency, private property, and the free market. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the false orthodoxies surrounding the current state of the transatlantic relationship and the UK’s post-Brexit strategy. Pointing to Marco Rubio’s Munich speech as a signal that America has pivoted its priorities away from its security guarantee with Europe, and highlighting Keir Starmer’s attempt to seek a backdoor return to the EU through regulatory alignment, they paint a stark picture of a West in transition, where old alliances are crumbling and delusional European leaders remain unable to confront the fiscal and military realities of a changing world order. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau confront the false orthodoxies of finance and power, beginning with a deep dive into the “rigged” valuation of the SpaceX-xAI merger and toxicity of stock buybacks, before clashing over Keir Starmer’s appointment of Peter Mandelson as US Ambassador, Mandelson's links to Jeffrey Epstein, and the resignation of Morgan McSweeney as proof of a clownish and ultimately doomed political strategy. Hosted on Acast. See acast.com/privacy for more information.