Capital triumphed over democracy a long time ago. Today, following the Financial Crisis of 2008 and the rise of the platform corporations, a new type of capital has emerged. Command capital is crushing the remnants of our democracies and giving rise to a new, technofeudal ruling class. Further still, the start of the second Trump administration in the United States has demonstrated, in worrying clarity, just how much control and influence the Tech Giants wield when it comes to geopolitics.
#technofeudalism #elonmusk #democracy
Economist, politician, and best-selling author Yanis Varoufakis argues that a radical reassessment of property rights over machines and data is the only way for us to confront this new ruling class. Join him for a journey from the feudalist economy of medieval Europe to the modern era of Tech Giant supremacy, exploring how companies like Google, Tesla, OpenAI, and Amazon extract value and capital from their users.
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