Yanis Varoufakis: Europe by (Mis)Design 4/4

The video discusses labor mobility and economic challenges in Europe and the US, focusing on the Eurozone crisis. It highlights the issues of capital flows, labor immobility, and political instability. Despite increased labor mobility, the crisis persists, leading to social polarization. The Eurozone's design flaws, such as separate banking sectors, exacerbate the situation. The video concludes with proposals for European economic repair, emphasizing the need for structural changes.

What are the design flaws of the eurozone that hinder effective labor flexibility?

In what ways does the separation of banking sectors in Europe contribute to economic challenges?