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Tech Feudalism with Yanis Varoufakis

The David McWilliams Podcast

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Technofutalism

Since 2008, I've been feeling that the world was so beautiful. The world was transformed in the same way that after 1929, nothing resembled the world before 1929. And over the years, this idea has crept up on me, that in 1991, the left was defeated spectacularly and we never recovered. Communism, socialism, social democracy, gone, Kaput. We have not managed to recover. But maybe that's my way of dealing with my permanent defeat.I started thinking that 2008 was a year when capitalism got its come-up. Capitalism is dead at the hands of capital. What we now have is something that resembles feudalism a lot more than it resembles capitalism. Because it's

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