Welcome to the Age of Technofeudalism - Interview with Yanis Varoufakis (www.wired.com)
from lemmyreader@lemmy.ml to technology@lemmy.ml on 06 May 2024 10:07
https://lemmy.ml/post/15307419

#technology

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karashta@lemm.ee on 06 May 2024 10:24 next collapse

They haven’t overthrown shit.

This is what capitalism is and what it always leads to: siphoning all power to the top small % of people.

Slotos@feddit.nl on 06 May 2024 10:47 collapse

As we all know, siphoning of the power to the small percentage of people had never happened prior to capitalism.

anarchrist@lemmy.dbzer0.com on 06 May 2024 10:50 next collapse

Not the point. Look into economics of scale. Capitalism does this shit as a rule.

karashta@lemm.ee on 06 May 2024 11:10 next collapse

I never said nor implied anything about any other system. I spoke about capitalism.

SoleInvictus@lemmy.blahaj.zone on 06 May 2024 11:30 next collapse

Ahhh, some fresh whataboutism!

Beetlejuice001@lemmy.wtf on 06 May 2024 13:20 next collapse

As we all know, the workers get tired of it, revolt and the 1% disappear

theshatterstone54@feddit.uk on 06 May 2024 14:01 collapse

Not really. They just get replaced by the people leading the revolution (there are exceptions of course, like Robespierre in the French Revolution).

floofloof@lemmy.ca on 06 May 2024 14:06 next collapse

If other systems have the same effect, it’s a problem with them too. But it’s still a problem with capitalism.

TheReturnOfPEB@reddthat.com on 08 May 2024 16:06 collapse

you mean like feudalism ?

ksynwa@lemmygrad.ml on 06 May 2024 10:50 next collapse

Unpaywalled link: archive.is/3fDEd

nondescripthandle@lemmy.dbzer0.com on 06 May 2024 13:10 next collapse

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.

LarkinDePark@lemmygrad.ml on 06 May 2024 16:29 next collapse

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

umbrella@lemmy.ml on 06 May 2024 16:59 collapse

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.

Midnitte@beehaw.org on 06 May 2024 14:21 collapse

Maybe they just need a friend to fill in the void that they’re trying to fill with power and money.

PipedLinkBot@feddit.rocks on 06 May 2024 14:21 collapse

Here is an alternative Piped link(s):

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