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Behind the News: Technofeudalism? w/ Yanis Varoufakis

Jacobin Radio

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Technofeudalism and the Rise of Amazon

Exploring Amazon's operations, cloud rent model, and the influence of algorithms on consumer behavior and labor practices within the company. Discussing the concept of technofeudalism and its impact on traditional capitalism, examining global implications in countries like China and Indonesia. Highlighting the competition in the retail sector and the dominance of companies like Amazon, despite the presence of alternatives like Target and Home Depot.

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