"Technofeudalism has replaced capitalism"

The Off-Topic forum for anything non-LDS related, such as sports or politics. Rated PG through PG-13.
Post Reply
drumdude
God
Posts: 5212
Joined: Thu Oct 29, 2020 5:29 am

"Technofeudalism has replaced capitalism"

Post by drumdude »

https://www.youtube.com/watch?v=Ghx0sq_gXK4


The thesis here is that ever since the 2008 recession, capitalism has effectively been on life support with money injected from the central banks. At the same time, tech companies have become unregulated monopolies of not just everything you buy but your most intimate personal data as well.

All of this adds up, in the speakers estimation, to the death of capitalism and the rise of a new technology enabled feudalism.

It seems to me that both the left and the right should agree that we want to fix this dystopian nightmare.
Post Reply