Varoufakis Yanis. Technofeudalism: What killed capitalism

Melville House, 2024. — 304 p.The #1 bestselling economist shows how capitalism has been replaced by a more exploitative system, technofeudalism, in which the owners of big tech have become the Tworld’s feudal overlords.* A Guardian best forthcoming book of 2023 * The times biggest books of autumn 2023 *’What an amazing piece of work this is. The dark, scary, exciting song of our age. 100 out of 100′ Irvine welshin his boldest and most far-reaching book yet, world-famous economist Yanis Varoufakis argues that capitalism is dead and a new economic era has begun. Insane sums of money that were supposed to re-float our economies in the wake of the financial crisis and the pandemic have ended up supercharging big tech’s hold over every aspect of the economy. Capitalism’s twin pillars – markets and profit – have been replaced with big tech’s platforms and rents. Meanwhile, with every click and scroll, we labour like serfs to increase its power. Welcome to technofeudalism.