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Episode #206 ... Capitalism is dead. This is Technofeudalism. (Yanis Varoufakis)
Philosophize This!
The Power Shift in Techno-Feudalism
In techno-feudalism, owning the means of production is no longer the key to power. The new ruling class consists of cloud capitalists who control the means of behavioral modification. This power allows them to extract rent and fees from those who create valuable products, shifting the dynamics of power in the modern world.
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