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Technofeudalism

What Killed Capitalism

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About this listen

In a revelatory and pathbreaking work, the #1 international bestselling economist opens our eyes to the new power that is reshaping our lives and the world . . .

Big tech has replaced capitalism's twin pillars—markets and profit—with its platforms and rents. With every click and scroll, we labor like serfs to increase its power.

Welcome to technofeudalism . . .

Perhaps we were too distracted by the pandemic, or the endless financial crises, or the rise of TikTok. But under cover of them all, a new and more exploitative system has been taking hold. Insane sums of money that were supposed to re-float our economies after the crash of 2008 went to big tech instead. With it they funded the construction of their private cloud fiefdoms and privatized the internet.

Technofeudalism says Yanis Varoufakis, is the new power that is reshaping our lives and the world, and is the greatest current threat to the liberal individual, to our efforts to avert climate catastrophe—and to democracy itself. It also lies behind the new geopolitical tensions, especially the New Cold War between the United States and China.

Drawing on stories from Greek myth and pop culture, from Homer to Mad Men, Varoufakis explains this revolutionary transformation: how it enslaves our minds, how it rewrites the rules of global power, and, ultimately, what it will take overthrow it.

©2023 Yanis Varoufakis (P)2023 Melville House
Economics Capitalism Socialism Business Economic disparity US Economy Taxation Economic Inequality China Liberalism

What the critics say

“The Thucydides of our time.”—Jeffrey Sachs

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A book that allows the reader to fully understand the dystopia we've entered and answers to the questions one asks as to why the world is the way it is and why things have only gotten worse.

Yanis Varoufakis is charming and wonderful to listen to as he makes this all understandable and leaves you with a real idea of how to respond and make a better world.

everyone needs to read this book

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Everyone should read this book, understand what the author is telling us and take appropriate action where possible.

A Must Read

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Thoroughly enjoyed this book as read by YV himself. The economics were interesting, and the he stories of his father were excellent.

Solid

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Yanis Varoufakis is a brilliant, radical economist and theorist, and his analysis of the current, post-capitalist era of technofeudalism is important reading for anyone even remotely interested in how the power elite of the 21st century operate.

That said, his heavy accent - especially when dealing with, at times, heady, technical, geopolitical and economic concepts - can be a little difficult to decipher.

That shouldn't stop you from picking up this book, but maybe consider getting a physical copy, instead. After listening to even just the preview, it's easy to imagine it in his voice while you're reading - but without needing to rewind and listen closely to fully grasp what he's saying.

Brilliant, but difficult at times to understand

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Excellent overview and vision for the path forward through our power predicament. Yanis has the historical rigor needed.

Visionary

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