• penquin@lemm.ee
    link
    fedilink
    English
    arrow-up
    8
    arrow-down
    1
    ·
    edit-2
    1 year ago

    Technofeudalism has taken over now. It’s even worse than capitalism

      • novibe@lemmy.ml
        link
        fedilink
        English
        arrow-up
        6
        ·
        1 year ago

        Varoufakis is a commie so the book doesn’t make a case for “ethical capitalism”, no. Not sure if he is a Marxist, but I’m pretty sure he has called for a revolution many times.

        Edit: I think his point is not so much that we’re at a completely different system, but that the current mutation of capitalism is so far removed from what people think of as capitalism that we need new language to talk about it.

      • penquin@lemm.ee
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 year ago

        I’m happy to let you know that your assumption is incorrect :). I highly suggest that you read the book. It was a nice change from all the sociology I normally read. I actually liked the book. Of course it’s not perfect, but many things in it make sense.

    • Wheaties [she/her]@hexbear.net
      link
      fedilink
      English
      arrow-up
      17
      ·
      1 year ago

      Feudalism is a rigid class structure determined by blood inheritance. That’s not really what we have. A noble who looses their money would still have the privileges and rights granted by their title - they would still be part of the ruling class. If a member of our ruling class were to loose their money, loose their source of passive income, they’d very quickly no longer be part of the ruling class.

      • penquin@lemm.ee
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 year ago

        I never said feudalism, it’s technofeudalism. Two different things. To understand it more, I’d recommend you read “technofeudalism, what killed capitalism” by Yanis Varoufakis.