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Episode #206 ... Capitalism is dead. This is Technofeudalism. (Yanis Varoufakis)
Philosophize This!
Tech Industry and Central Bank Money
Tech companies utilized central bank printed money to invest in physical assets like server farms and digital infrastructure, contrasting with other industries that bought back stock and financial assets. This strategy allowed tech giants like Facebook to develop without being dependent on loans, leading to what is described as techno-feudalism.
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