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Do you agree with Yanis Varoufaki's argument? Should democracy be just as prevalent in economics as it is in politics?

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2 votes

Answer:

Indeed, I agree with Yanis Varoufaki regarding his opinion of the democratization of the economy, as is the case with politics. That is, economic agents at the macro level, such as central banks or large monetary entities such as the IMF, should base their decisions and policies on the will of the majority of the public, through popular consultations or non-binding public consultations, which, although They would not be decisive for the adoption of certain policies, if they would help economic agents to understand the needs and concerns of individuals at the economic level.

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User Losiowaty
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