Europe’s Energy System a Scam Against Its Own People

Source: Common Dreams
by Yanis Varoufakis

“Amid a growing energy crisis, political leaders across Europe want to divert attention away from their own role in its exacerbation and instead make citizens focus on one thing only: Russia. However, it is far more complex than that. During our recent panel discussion on the energy crisis, Yanis Varoufakis laid out the workings of the European energy market that exists today, one which has long been designed to favour the oligarchy above the people. Varoufakis begins by explaining the Thatcherite model that subsequently extended to the rest of Europe, before outlining the corrupt practice of energy auctioning, followed by the Greek government scam that Ursula von der Leyen wants to implement across the continent, and ended by offering solutions to overhaul this injustice system.” (09/13/22)