Who profits from our online lives? How is all our clicking and scrolling giving tech companies such unprecedented power and wealth? This isn’t capitalism, argues Yanis Varoufakis: it’s technofeudalism.
Maverick economist Varoufakis argues that we’re all serfs now, paying rents to the big tech "cloudalists” (cloud + capitalists). He talks about why we don’t actually own the music and movies we buy online; what Don Draper knew about behaviour modification; and how a Star Trek future could save us, and democracy.
Yanis Varoufakis is the former finance Minister of Greece whose latest book is called Technofeudalism: What Killed Capitalism.
Also, Vass and Katrina talk about whether Civil War is worth a trek to the theatre.
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