Technofeudalism: What Killed Capitalism

‘What an amazing piece of work this is. Ground-breaking, thought-provoking and highly accessible. Everyone should read it. The dark, scary, exciting song of our age. 100 out of 100’ IRVINE WELSH Capitalism is dead. Welcome to technofeudalism. In his boldest and most far-reaching book, the visionary economist and number-one bestselling author Yanis Varoufakis shows how the owners of big tech became the world's feudal overlords – replacing capitalism with a fundamentally new system that enslaves our minds, defies democracy and rewrite the rules of global power. But as Varoufakis also reveals, technofeudalism contains new opportunities to thwart and overturn it, bringing into focus more clearly than ever the revolution we need to escape our digital prison. ‘An epochal, once-in-a-millennium shift . . . this isn't just new technology. This is the world grappling with an entirely new economic system and therefore political power’ Observer ‘An urgent demand to seize the means of computation’ CORY DOCTOROW A FINANCIAL TIMES BEST BOOK OF THE YEAR

About the Author :
Yanis Varoufakis is an economist, political leader and the author of numerous bestselling books- Talking to My Daughter- A Brief History of Capitalism; Technofeudalism- What Killed Capitalism, which shows how the owners of big tech have become the world's feudal overlords; Adults in the Room, a memoir of his time as finance minister of Greece; an economic history of Europe, And The Weak Suffer What They Must?; and Another Now- Dispatches from An Alternative Present. Born in Athens in 1961, he was for many years a professor of economics in Britain, Australia and the USA before he entered politics. He is co-founder of the international grassroots movement DiEM25 and a Professor of Economics at the University of Athens.

Review :
What an amazing piece of work this is. Ground-breaking, thought-provoking and highly accessible. Everyone should read it. This is where we’re going. The dark, scary, exciting song of our age. 100 out of 100 An important new book ... that describes what is happening in terms of an epochal, once-in-a-millennium shift … in Varoufakis's telling, this isn't just new technology. This is the world grappling with an entirely new economic system and therefore political power Arresting … an ambitious thinker and a lively writer … Varoufakis is right that we are in thrall to digital platforms, who hold our data hostage and prevent us from switching to “a competing cloud fief” Varoufakis is a remarkable combination of analyst and dreamer… as always, Varoufakis makes his readers think… an important achievement In his characteristically enthralling style, Varoufakis guides the reader through some of the most significant trends in the modern economy, showing clearly how the big tech giants have built an economy that works for them - and how everyone else can take power back 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 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 Provocative and accessible, this is sure to be a key touchstone in debates about the future of the global economy Compulsive and necessary reading What if capitalism died and no one noticed - not even the capitalists? Digital platforms usurped capitalism and installed something far worse. This book is an urgent demand to seize the means of computation