Technofeudalism: What Killed Capitalism (Paperback) By Yanis Varoufakis

In Technofeudalism: What Killed Capitalism (Paperback, February 2024) economist Yanis Varoufakis argues that capitalism has been supplanted by a new system—technofeudalism—where tech giants function as digital feudal lords, extracting “cloud rent” from our data and behaviors. Through a blend of personal memoir, historical narrative, and analysis, Varoufakis reveals how companies like Apple and Amazon have reconstructed economic and political power. He warns this system undermines democracy and individual freedom, but also outlines actionable reforms—from cloud taxation to algorithmic democracy—to reclaim power from digital overlords. A crucial read for anyone concerned about the future of tech, economics, and society.