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9min chapter
Neofeudalism: techno-lords and peasants
Philosopher's Zone
The Rise of Neofeudalism and Techno-lords in Modern Society
Exploring the transition of Western democracies towards neofeudalism, the chapter discusses the dominance of tech giants as techno-lords who extract rents without contributing substantial value, mirroring feudalistic structures. It questions the legitimacy of executive salaries, emphasizes the rise of monopolies over competition, and delves into the contentious balance between innovation and rent-seeking behaviors in big tech firms.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode