Technofeudalism

What Killed Capitalism

Yanis Varoufakis

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English

Bodley Head
26 September 2023

Political science & theory; Economics & Business; Economic systems & structures; Finance; Impact of science & technology on society

The world-famous #1 bestselling economist explains how capitalism has been usurped by a technologically enhanced form of feudalism

No one noticed when capitalism died.

Perhaps we were too distracted by the implosion of global finance, or the rise of populism, or the demise of the planet - or all of those cute cats on Instagram. But gradually, quietly, a yet more exploitative new system has taken hold- techno-feudalism.

Written in the form of a letter to his late father, who first taught him about the power of new technologies to shape human history, Yanis Varoufakis explains how Big Tech has effected an invisible but fundamental transformation in all our lives.

Drawing on stories from Greek Myth and pop culture, from Mad Men to Karl Marx, he explains how the key ingredients of capitalism - profit and markets - have both been replaced. And he exposes the hidden connection between your personal data and the transformative power of 'cloud capital' which means that without our realising it, we are all working every day for the tech giants, for free.

By: Yanis Varoufakis
Imprint: Bodley Head
Country of Publication: United Kingdom
Dimensions: Height: 233mm, Width: 154mm, Spine: 22mm
Weight: 372g
ISBN: 9781847927286
ISBN 10: 1847927289
Pages: 224
Publication Date: 26 September 2023
Audience: General/trade , College/higher education , Professional and scholarly , ELT Advanced , Primary
Format: Paperback
Publisher's Status: Active

Yanis Varoufakis is the former finance minister of Greece and the author of a memoir, Adults in the Room, and a history, And the Weak Suffer What They Must?, which reveal and explain the catastrophic mishandling of Europe since the financial crisis. Both were number one bestsellers. His latest bestseller is Talking To My Daughter About the Economy- A Brief History of Capitalism. Born in Athens in 1961, Yanis Varoufakis was for many years a professor of economics in Britain, Australia and the USA before he entered government and is currently Professor of Economics at the University of Athens. Since resigning from Greece's finance ministry he has co-founded an international grassroots movement, DiEM25, campaigning for the revival of democracy in Europe and speaks to audiences of thousands worldwide. yanisvaroufakis.eu / @yanisvaroufakis

Reviews for Technofeudalism: What Killed Capitalism

A book for anybody who wants to understand the mess we're in - and since we're all in this mess, that makes it a book for everybody -- Slavoj Zizek With superb storytelling, Varoufakis shows how capitalism has eaten itself alive, mutating into an entirely different and more dangerous beast, and calls on us to free ourselves from digital serfdom -- Brett Scott, author of Cloudmoney Provocative and accessible, this is sure to be a key touchstone in debates about the future of the global economy -- Nick Srnicek, co-author of Inventing the Future Compulsive and necessary reading for all who want to see a better world -- Ken Loach PRAISE FOR THE AUTHOR'S PREVIOUS BOOKS -- 'One of the greatest political memoirs of all time * Guardian on Adults in the Room *