Yanis Varoufakis’ Thesis: Technofeudalism, What Killed Capitalism.
What has happened to capitalism? Beneath the surface of financial crises and the rise of digital platforms, the Greek economist Yanis Varoufakis identifies a structural shift. In “Technofeudalism: What Killed Capitalism” (2024), he argues that the market-based system has lost its centrality and has been replaced by technofeudalism. The book emerges in the aftermath of the 2008 financial collapse. Central […]