@da_667
Compute as a service. Sell it as convienience, as a solution, to an artificial problem.

You'll own nothing and you'll like it.

Part 1-3 McKinsey: The Group Secretly Running Every Company (And Government?)
Presented by More Perfect Union

https://loops.video/v/cv6C0KDWq5

https://loops.video/v/cv6mFPAcp-

https://loops.video/v/cv69VEagpX

#eattherich #economics #politics #geopolitics #fascism #antifa #workersrights #humanrights #oligarchy #technofudalism

ツ

#meme #anime #animeme #fyp #video #loops #fediverse #dystopian #palantir #technology #technology #technofudalism #eattherich #antifa #socialism #capitalism #politics #politicalhumor #humor #vegeta

Free Palestine. From Kneecaps Oct. 10th performance.

#genocide #kneecap #freepalestine #gaza #GeoPolitics #fascism #zionism #nationalism #Politics #politicians #stopgenocide #StopIsrael #boycott #resist #murder #CrimesAgainstHumanity #war #warcrimes #antifa #machismo #technofascism #oligarchy #oligarchs #farright #fight #neveragain #neveragainisnow #hitler #nazis #nonazis #neonazis #supremacists #technofudalism #accelerationism #history #israel #warmongers

I read "Technofudalism" by Yanis Varoufakis, in which he describes the collapse of Capitalism in 2008, and the rise of cloud capital as the economy instead forms around the restricted not-free markets like Amazon and the other web monopolies.

He talks for a bit about a turning point when the economic news was terrible, but the markets reacted by increasing prices.

The capital knew that the government response would be to print money, and inflate the price of capital. The worse the news, the more the government prints, the more the capital prices expand.

That did seem to lead to capitalism breaking down in 2008 with the transfer of the bankrupt bank balance-sheets onto the public ledger, and the money-printers since then funding asset-inflation and driving down the power of the workers.

He describes the way the non-free cloud "markets" operate and the way asset-price inflation driven by the money printing is funding the monopolization of the network.

I'm not really convinced that the new situation will be long-lived enough to call it a replacement for capitalism though. The money-printer driven economy doesn't seem stable enough to last, though it's collapse may well be uncomfortable to the point of deadly.

#reading #books #capitalism #feudalism #technoFudalism