On this week’s “Unauthorized Disclosure,” Kevin Gosztola interviews Greek economist and writer Yanis Varoufakis about his new book, “Technofeudalism: What Killed Capitalism.”
Yanis argues that “Huge Tech has changed capitalism’s twin pillars—markets and revenue—with its platforms and [cloud] rents. With each click on and scroll, we labor like serfs to extend its energy.”
Kevin asks Yanis to unpack lots of the concepts in his e-book round technofeudalism, together with “cloud capital,” “cloud serfs,” and “cloudalists.” The cloudalists are the elites who’ve risen on account of this world financial transformation. Suppose Elon Musk or Jeff Bezos.
Later within the present, Yanis outlines the affect this financial transformation has had or could have on geopolitics. He discusses China, the one nation with cloud capital able to rivaling america, and what the rivalry between China and the U.S. could imply for the International South.
The interview concludes with Kevin inviting Yanis to share some phrases of help for his good friend WikiLeaks founder Julian Assange.
