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Technofeudalism cover art

Technofeudalism

By: Yanis Varoufakis
Narrated by: Yanis Varoufakis
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Summary

Brought to you by Penguin.

*A GUARDIAN BEST FORTHCOMING BOOK OF 2023*

The #1 bestselling economist opens our eyes to the new power that is reshaping our lives and the world.

No one noticed when capitalism was ... replaced.

Perhaps we were too distracted by the pandemic, or the endless financial crises, or the rise of TikTok. But under cover of them all, a new and more exploitative system has been taking hold.

Insane sums of money that were supposed to re-float our economies went to big tech instead. Having privatised the internet, big tech has been able to replace capitalism's twin pillars - markets and profit - with its platforms and rents. With every click and scroll, we labour like serfs to increase its power. Welcome to technofeudalism: the new power that is reshaping our lives and the world, and the greatest current threat to social democracy.

Drawing on stories from Greek Myth and pop culture, from Homer to Mad Men, world-famous economist Yanis Varoufakis explains this revolutionary transformation: how it enslaves our minds, how it rewrites the rules of global power and ultimately what it will take overthrow it.

©2023 Yanis Varoufakis (P)2023 Penguin Audio

Critic reviews

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 (Slavoj Zizek)
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 (Brett Scott, author of Cloudmoney)
Provocative and accessible, this is sure to be a key touchstone in debates about the future of the global economy (Nick Srnicek, Kings College London)

What listeners say about Technofeudalism

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Great analysis

Really enjoyed the analysis of technology and its development relating to the economy’s the west and how it is eating capitalism, but Yannis over indulged himself in the last couple of chapters with socialism and revolution as the only solutions. Given Yannis’ background it should be expected and not to be entirely dismissed as it contains some interesting potential solutions, just not entirely a final balanced offering. Overall very good and deeply insightful from a man who has a very important perspective. Well worth reading if you are into considering the near future.

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Listen carefully.

listen carefully to this work of good sense and love. Rent, at present flowing to the technofeudalists, is created by the whole community. it belongs to us.

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Eye opener

This book is both enjoyable and educational. A big thanks to the author. I highly recommend it.

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if only!

Thoroughly enjoyed this. Especially Yanış' solution at the end but like the title of my review says. If only it was to come true!

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A great listen

A very interesting look at the current economic situation we have all signed up to willingly or not

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Extremely inspiring

Listening and reading Yiani’s books is one of the last glimmers of hope for society .

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Amazing analysis of our current relationship with money and power

Yanis provides a deep and scathing account of how our private behaviours are monitored and monetised by the cloud companies, the techno feudalists who know everything about us and exploit us and our online activities for their own monetary and power gain

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Brilliant historical, current and futuristic

A brilliant account of historical, current and futuristic social economic development, plausibility, consequences and choices.

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Great view of our direction of travel

I really enjoyed Adults in the Room. This book didn’t disappoint. Yanis has a great perspective and ability to make sense of where we are and how we got here.

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Solutions

An excellent read, with some clear and well articulated proposals for the solutions to the problems of techno feudalism. Highly recommended.

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