Techno-Feudalism
How the Lords of the Digital Realm Govern Us Serfs – An Incredibly Ugly and Unfair Economic Tale
2025
First Published
3.85
Average Rating
320
Number of Pages
In this provocative analysis, economist Yanis Varoufakis argues that capitalism has ended, giving way to a new system he terms "techno-feudalism." Dominated by tech giants like Google and Apple, these digital lords control vast platforms, extracting rents from users who have unwittingly become modern-day serfs. Varoufakis explores how these corporations have enclosed the once-open internet, transforming it into territories where users' free labor enhances the platforms' value. He challenges readers to recognize this shift and consider pathways to reclaim autonomy in the digital age.
Avg Rating
3.85
Number of Ratings
13
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4 STARS
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3 STARS
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2 STARS
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Authors
Yanis Varoufakis
Author · 19 books
Ioannis "Yanis" Varoufakis is a Greek-Australian economist and politician. A former academic, he has been Secretary-General of MeRA25, a left-wing political party, since he founded it in 2018. A former member of Syriza, he served as Minister of Finance from January to July 2015 under Prime Minister Alexis Tsipras.
