Technofeudalism
Gradually, and with the technological evolution of recent decades, capitalism has transformed to such an extent that it is questionable whether the current economic model is still faithful to it.
Traditional markets have been replaced by digital platforms and "value" has more to do with the speed of our scrolling and clicking than with the exchange of goods. Yanis Varoufakis coins the term "technofeudalism" in this book.
Perhaps, without realizing it, we are finally at the "end of history", after the news of the "end of history" promised by the duo Democracy, Capitalism, having proven to be clearly exaggerated
History. Economics. Homer. Mad Men. It's all there. In the book I mean.
And a solution. Assuming we think this is a problem.
"A book for anyone who wants to understand the mess we are in - and since we are all in this mess, it is a book for everyone."
Slavoj Žižek
Yanis Varoufakis is an economist, academic and former Finance Minister of Greece, known for his critical stance towards European austerity and his economic reform proposals. A professor at several international universities, he has developed a consistent body of work on inequality, technology and economic democracy. As an essayist, he is recognized for his accessible writing and his ability to articulate economic theory with political reflection.