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The year 2008 signaled to many the weak foundations of modern capitalism in the hands of the greedy, untethered financial sector—the “vampire squid” investment banks as journalist Matt Taibbi called them. Rising from the ashes of the crash, these banks used government money—”s ...
Technofeudalism—you might already have some sense of what the term means, even if you haven't sat down and unpacked it fully. A mode of production with one hand in the past and another the future—an updated form of feudal relations married to an advanced epoch of the productiv ...
This week on the Penguin Podcast, Nihal Arthanayake is joined by the former Finance Minister of Greece and co-founder of the international grassroots movement DM25 as well as a Professor of economics at the University of Athens, Yanis Varoufakis. His latest book, Tech ...