I really don't think the technofeudalism theory makes much sense and I'm not really sure if Varoufakis has convincingly argued in its favor here...

"Q. Your analogy between feudalism and digital platforms has been criticized as excessive or merely metaphorical. Doesn’t your thesis risk obscuring, rather than clarifying, the real dynamics of power and exploitation in contemporary capitalism?

A. My critics often mistake my argument for claiming we have somehow returned to feudalism. That has never been my argument. My position is that we have moved to a new societal structure based on a mutated form of capital for wealth accumulation — unlike feudalism, which relied on land. The rise of this mutant capital, cloud capital, means that markets are replaced by cloud-based fiefdoms and profits by cloud rents. So, this new system shares some features with feudalism but is fundamentally built on capital, not land. Also — and this is crucial — because cloud capital is not productive, technofeudalism is parasitic and wholly depends on an ever-shrinking traditional capitalist sector, which, however, has lost its dominance in the distribution of income, wealth, and power. This is the best way to understand power and exploitation in today’s societies.

Q. To clarify, doesn’t the majority of the world’s workforce still operate within a capitalist system rooted in private ownership of the means of production and the extraction of surplus value from wage labor, as Marx described?

A. Yes. But that does not diminish my technofeudal hypothesis. Let me remind you that even in 1860, most people still worked under feudal relations of production, not capitalist ones. Yet feudalism was already dead and capitalism had taken its place."

https://english.elpais.com/technology/2025-10-06/yanis-varoufakis-the-technolords-control-our-minds.html

#Technofeudalism #Capitalism #Marxism #CloudCapital #BigTech

Waarom Amazon het einde van de samenleving kan betekenen, volgens Yanis Varoufakis | VPRO Tegenlicht

https://www.youtube.com/watch?v=p2SJYaRXAfU

#technofeudalism #cloudcapital

#AI #cloudCapital

British version:
In the near future
you can have chips
but you can’t have chips

American version:
In the near future
you can be fried
but you can’t have fries

https://mastodon.social/@urlyman/111068060978914517

”Capital killed capitalism”

”Jeff Bezos bypasses markets. Capitalists are his servants whom he charges 40%”

”They don’t even want you to buy anything. They have a new form of capital for putting ideas into your brain”

”There is no such thing as AI, it’s a marketing term for a wide variety of cybernetic systems”

”The center-left is entirely responsible for the rise of fascism”

-Yanis Varoufakis
https://youtube.com/watch?v=GYBnSPX3BMo
#technofeudalism #cloudcapital #platformeconomy #algorithm #capitalism #ai

@gluecka @sarah_ist_muede @villon

Yup. Da gehts um #cloudcapital und #generativeai. Ich will mir fast gar nicht vorstellen was mit der aktuellen US-Regierung und einer #AI die verstehen kann was in den Haushalten gesprochen wird und in ein maschinenverständliches Transkript bringen kann, passieren könnte.

Ich hoffe ganz doll das sich meine Sorgen final als Schwurbelei herraustellen und wir in 10 Jahren über diese Posts lachen können.

"Trump’s return isn’t just chaos, it’s a calculated strategy. While liberals dismiss him, Trump understands raw economic power in a way centrists fail to grasp. What is his master plan, and how could it backfire?Meanwhile, Musk & other billionaires are the new ruling class. As capitalism dies, we enter technofeudalism, where corporate overlords control entire infrastructures of power.
And in Europe, elites literally cried over the U.S. pivoting away. Does Europe have any real sovereignty left?"—BreakThrough News

'Trump, Europe’s Collapse & Why Liberals Keep Losing,' with Yanis Varoufakis & Rania Khalek >

https://www.youtube.com/watch?v=Ms5-Z7sqiww

#interview #economy #politics #EconomicStrategy #USA #Germany #Ukraine #EU #collapse #TechnoFeudalism #ReserveCurrency #CloudCapital #capitalism #technocracy #TESCREAL #sovereignty #elitism #dollar #energy #demands #WallStreet #finance #privileges #nationalism #fascism #austerity #TradeDeficit

”The moment you enter Amazon.com, you have exited the free market”
-Yanis Varoufakis

#cloudcapital #technofeudalism #broligarchy
https://youtube.com/watch?v=Y_3_PnnZ14I

You train 'Alexa' to train "you", to train 'Alexa' !

A deeply insightful talk about how "Cloud Capital is destroying Capital".

There is also good discussion about how 'DeepSeek' burst the AI bubble and what lies ahead !

Feudalism is once again controlling the society via Cloud capital.

#CloudCapital
#TechFeudalism
#Cloud
#Alexa
#DeekSeek
#OpenAI
#AI
#Ummah
#FreeTheWorld