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Techno-Feudalism

Techno-Feudalism

The Demise of Capitalism and the Rise of a New Power

by Yanis Varoufakis
Paperback
Publication Date: 26/09/2023

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No one noticed when capitalism died.

Perhaps we were too distracted by the implosion of global finance, or the rise of populism, or the demise of the planet - or all of those cute cats on Instagram. But gradually, quietly, a yet more exploitative new system has taken hold- techno-feudalism.

Written in the form of a letter to his late father, who first taught him about the power of new technologies to shape human history, Yanis Varoufakis explains how Big Tech has effected an invisible but fundamental transformation in all our lives.

Drawing on stories from Greek Myth and pop culture, from Mad Men to Karl Marx, he explains how the key ingredients of capitalism - profit and markets - have both been replaced. And he exposes the hidden connection between your personal data and the transformative power of 'cloud capital' which means that without our realising it, we are all working every day for the tech giants, for free.
ISBN:
9781847927286
9781847927286
Category:
Political science & theory
Format:
Paperback
Publication Date:
26-09-2023
Language:
English
Publisher:
Penguin Random House
Country of origin:
United Kingdom
Dimensions (mm):
232x154x20mm
Weight:
0.4kg
Yanis Varoufakis

Yanis Varoufakis is the former finance minister of Greece and the author of a memoir, Adults in the Room, and a history, And the Weak Suffer What They Must?, which reveal and explain the catastrophic mishandling of Europe since the financial crisis. Both were number one bestsellers.

His latest bestseller is Talking To My Daughter About the Economy: A Brief History of Capitalism. Born in Athens in 1961, Yanis Varoufakis was for many years a professor of economics in Britain, Australia and the USA before he entered government and is currently Professor of Economics at the University of Athens. Since resigning from Greece's finance ministry he has co-founded an international grassroots movement, DiEM25, campaigning for the revival of democracy in Europe and speaks to audiences of thousands worldwide.

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