#technofeudalism

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Tech industry
fromwww.theguardian.com
2 days ago

How Amazon turned our capitalist era of free markets into the age of technofeudalism | Yanis Varoufakis

Amazon operates as a technofeudal overlord, owning digital infrastructure that binds firms as vassals, extracts customer data, and enforces worker surveillance and algorithmic control.
fromwww.theguardian.com
4 months ago

In an age of failing economies and a populist backlash, I'll tell you what we need Marxism | Yanis Varoufakis

Marx believed that capitalism, especially in its technofeudal phase, alienates individuals from their labor and products, creating isolated selves amid abundant technology.
Philosophy
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