Technology

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Welcome to the Age of Technofeudalism - Interview with Yanis Varoufakis (www.wired.com)

submitted 4 months ago* (last edited 4 months ago) by [email protected] to c/[email protected]

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[–] [email protected] 22 points 4 months ago* (last edited 4 months ago) (2 children)

Its not just techno feudalism. Musk and Bezos trying to reinvent 'company towns' housing being hoarded and only rented, education only through massive debt. Tech is just part of it, its everywhere and should be called Neo-feudalism.

[–] [email protected] 1 points 4 months ago* (last edited 4 months ago)

company towns and expensive education were a thing in the less regulated era of capitalism, its not new, we are just coming back to it. its late stage capitalism.

[–] [email protected] 1 points 4 months ago

That's not a great pitch for a book though.