On Technofeudalism: Rent Seeking in Late Stage Monopoly Capitalism
Rev Left Radio
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Techno-Feudalism: A New Economic Paradigm
This chapter examines the emerging concept of techno-feudalism and the unique rent-seeking behaviors exhibited by tech companies in late-stage capitalism. It discusses the implications of digital ownership and the cultural nostalgia for physical media, while questioning the viability of socialism within this evolving economic landscape. The conversation also highlights the fragmentation of the working class and advocates for collective action to confront these challenges.
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