Technofeudalism what killed capitalism
Big tech has replaced capitalism's twin pillars-markets and profit-with its platforms and rents. With every click and scroll, we labor like serfs to increase its power. Welcome to technofeudalism . . . Perhaps we were too distracted by the pandemic, or the endless financial crises, or the rise of Ti...
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| Main Author: | |
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| Format: | Books Print Book |
| Language: | English |
| Published: |
Brooklyn, NY :
Melville House,
[2024]
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| Edition: | [Trade paperback edition]. |
| Subjects: | |
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| Summary: | Big tech has replaced capitalism's twin pillars-markets and profit-with its platforms and rents. With every click and scroll, we labor like serfs to increase its power. Welcome to technofeudalism . . . Perhaps we were too distracted by the pandemic, or the endless financial crises, or the rise of TikTok. But under cover of them all, a new and more exploitative system has been taking hold. Insane sums of money that were supposed to re-float our economies after the crash of 2008 went to big tech instead. With it they funded the construction of their private cloud fiefdoms and privatized the internet. Technofeudalism says Yanis Varoufakis, is the new power that is reshaping our lives and the world, and is the greatest current threat to the liberal individual, to our efforts to avert climate catastrophe-and to democracy itself. It also lies behind the new geopolitical tensions, especially the New Cold War between the United States and China. |
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| Item Description: | "First published in 2023 by The Bodly Head" -- title page verso. |
| Physical Description: | xii, 291 pages : illustrations ; 21 cm |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9781685891244 1685891241 |
| Author Notes: |
