23min chapter

The Futurists cover image

Cloud Capitalism with Yanis Varoufakis

The Futurists

CHAPTER

From Economic Theories to Techno-Feudalism

The chapter explores the evolution of economic theories through the lens of figures like Joseph Stiglitz, highlighting the shift from theoretical economist to pragmatic policy commentator. It delves into the impact of technology oligopolies, AI, and the concept of techno-feudalism on wealth distribution and society. The conversation also touches on historical economic systems, the breakdown of the Bretton Woods system, and concerns about the direction of society towards techno feudalism.

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