Technofeudalism
Status: #seedling
#technofeudalism #political-philosophy #capitalism #tech
Conceived by Yanis Varoufakis, technofeudalism is the system where companies function like medieval feudal lords.
Capitalism
Two pillars:
- Markets
- Profit
Digital market platforms and why this is different than capitalism
The 2008 market crash
When banks
banks produce more money ->