Late capitalism or technofeudalism? w/ Yanis Varoufakis
Added 2024-04-04 05:00:05 +0000 UTCYanis Varoufakis joins PTO to discuss his book, Technofeudalism: What Killed Capitalism. We discussed why Yanis believes capitalism is no longer the appropriate term to describe contemporary economic and social relations. We also talked about the financial crisis, the Covid19 pandemic, and how central bank responses to both crises served to build the power of the tech giants. Finally, we also briefly discussed the situation in Gaza and why Yanis believes reports of the decline of US global hegemony are, for the moment, exaggerated.
Comments
Thought it was interesting that Yanis didn’t engage with the Morozov critique from NLW that you raised with him, saying it wasn’t interesting. The article is long but really worth reading and goes into great depth and scope (to closely define capitalism and feudalism from different perspectives and then examine techno-feudal case in good faith) before dismissing technofeudal thesis (convincingly to me). So his response to not even engage with it was as I say, interesting
Danny McShane
2024-04-11 15:26:14 +0000 UTCwas embarrassingly far into the interview before I realised he was saying "fief"...
Jon
2024-04-09 14:20:06 +0000 UTC
