Yanis Varoufakis: Climate change is capitalism’s Waterloo

US treasury secretary Steven Mnuchin challenged Greta Thunberg to study economics, knowing it is incompatible with rebalancing the environment, says Yanis Varoufakis

Steven Mnuchin’s snide remark about teenage climate activist Greta Thunberg at this year’s World Economic Forum meeting in Davos outraged liberal commentators. US treasury secretary Mnuchin, responding to Thunberg’s call for an immediate exit from fossil fuel investments, said that she should go to college “to study economics” before “she can come back and explain that to us”.