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Technofeudalism What Killed Capitalism Yanis Varoufakis

  • SKU: BELL-82837010
Technofeudalism What Killed Capitalism Yanis Varoufakis
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Technofeudalism What Killed Capitalism Yanis Varoufakis instant download after payment.

Publisher: Penguin Random House UK
File Extension: EPUB
File size: 1.12 MB
Pages: 244
Author: Yanis Varoufakis
Language: English
Year: 2023

Product desciption

Technofeudalism What Killed Capitalism Yanis Varoufakis by Yanis Varoufakis instant download after payment.

From the Preface:
So, what is my hypothesis? It is that capitalism is now dead, in the sense
that its dynamics no longer govern our economies. In that role it has been
replaced by something fundamentally different, which I call
technofeudalism. At the heart of my thesis is an irony that may sound
confusing at first but which I hope to show makes perfect sense: the thing
that has killed capitalism is … capital itself. Not capital as we have known
it since the dawn of the industrial era, but a new form of capital, a
mutation of it that has arisen in the last two decades, so much more
powerful than its predecessor that like a stupid, overzealous virus it has
killed off its host. What caused this to happen? Two main developments:
the privatisation of the internet by America’s and China’s Big Tech. And
the manner in which Western governments and central banks responded to
the 2008 great financial crisis.
Before saying a little more on this, I must emphasise that this is not a book
about what technology will do to us. It is not about AI-chatbots that will
take over our jobs, autonomous robots that will threaten our lives, or Mark
Zuckerberg’s ill-conceived metaverse. No, this book is about what has
already been done to capitalism, and therefore to us, by the screen-based,
cloud-linked devices we all use, our boring laptop and our smartphone, in
conjunction with the way central banks and governments have been acting
since 2008.

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