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Tech Feudalism with Yanis Varoufakis

The David McWilliams Podcast

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The Impact of Techno-Feudalism on the World

techno-feudalism makes the world less safe and uncertain, he says. About 80% of the arriving is goes to wages; Amazon? 2%. Facebook? 1%. Together with austerity, permanent austerity for the many,. you end up with very little investment in the things society needs, like green energy. Putin is getting richer every day. The latest surplus, counter-agand surplus in the history of post-Soviet Russia. His sales of energy have shrunk. But the price has shot up so much that the total revenues that he gets, he and his regime get, is $250 billion.

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