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A review by books_ergo_sum
Technofeudalism: What Killed Capitalism by Yanis Varoufakis
informative
5.0
SUCH a good book. I’m over here self-deprecatingly joking about late stage capitalism, meanwhile economists are talking about how capitalism has been replaced by a new system 👀
This book was called Technofeudalism: What Killed Capitalism. Not what *will* kill capitalism. What killed. And it’s a form of feudalism. Oh, great. At least capitalists produce something. Tech companies are over here raking in enormous rents from capitalists and consumers, just because they happen to own some now-essential parts of e-commerce. It’s the Inclosure Acts all over again.
I didn’t expect an economics book to talk about Bookstagram. Turns out writing book reviews on Insta and Amazon makes you a peasant of the new class of techno-feudal billionaires. Oops 😅
Trust me—this economics book was so cool. For a few reasons:
✨ it made such a powerfully accurate argument that it’s history in the making
✨ it definitely had a “Wait. Is this f*cking play about us?” vibe that will make anyone who cares about book reviews, indie authors, AI art, etc go ooohhh no
✨ the whole book was an imagined conversation between Varoufakis and his deceased father, whom he refers to as “you” throughout and it was sentimental af
✨ the audiobook is narrated by Varoufakis himself and his Greek accent was so charming
How do you feel about capitalism being replaced by feudalism? Because I think I prefer my feudal lords to be purely fictional, of the historical romance variety myself 😅
This book was called Technofeudalism: What Killed Capitalism. Not what *will* kill capitalism. What killed. And it’s a form of feudalism. Oh, great. At least capitalists produce something. Tech companies are over here raking in enormous rents from capitalists and consumers, just because they happen to own some now-essential parts of e-commerce. It’s the Inclosure Acts all over again.
I didn’t expect an economics book to talk about Bookstagram. Turns out writing book reviews on Insta and Amazon makes you a peasant of the new class of techno-feudal billionaires. Oops 😅
Trust me—this economics book was so cool. For a few reasons:
✨ it made such a powerfully accurate argument that it’s history in the making
✨ it definitely had a “Wait. Is this f*cking play about us?” vibe that will make anyone who cares about book reviews, indie authors, AI art, etc go ooohhh no
✨ the whole book was an imagined conversation between Varoufakis and his deceased father, whom he refers to as “you” throughout and it was sentimental af
✨ the audiobook is narrated by Varoufakis himself and his Greek accent was so charming
How do you feel about capitalism being replaced by feudalism? Because I think I prefer my feudal lords to be purely fictional, of the historical romance variety myself 😅