Technofeudalism: What Killed Capitalism

Capitalism is dead. Welcome to technofeudalism.

In his boldest and most far-reaching book, the visionary economist and number-one bestselling author Yanis Varoufakis shows how the owners of big tech became the world's feudal overlords – replacing capitalism with a fundamentally new system that enslaves our minds, defies democracy and rewrite the rules of global power.

But as Varoufakis also reveals, technofeudalism contains new opportunities to thwart and overturn it, bringing into focus more clearly than ever the revolution we need to escape our digital prison.

Review

What an amazing piece of work this is. Ground-breaking, thought-provoking and highly accessible. Everyone should read it. This is where we’re going. The dark, scary, exciting song of our age. 100 out of 100 -- IRVINE WELSH

An important new book ... that describes what is happening in terms of an epochal, once-in-a-millennium shift … in Varoufakis's telling, this isn't just new technology. This is the world grappling with an entirely new economic system and therefore political power -- Carole Cadwalladr ― Observer

Arresting … an ambitious thinker and a lively writer … Varoufakis is right that we are in thrall to digital platforms, who hold our data hostage and prevent us from switching to “a competing cloud fief” ― The Times

Varoufakis is a remarkable combination of analyst and dreamer… as always, Varoufakis makes his readers think… an important achievement ― Financial Times, *Books of the Year*

In his characteristically enthralling style, Varoufakis guides the reader through some of the most significant trends in the modern economy, showing clearly how the big tech giants have built an economy that works for them - and how everyone else can take power back -- GRACE BLAKELEY

About the Author

Yanis Varoufakis is an economist, political leader and the author of numerous bestselling books: Talking to My Daughter: A Brief History of Capitalism; Adults in the Room, a memoir of his time as finance minister of Greece; an economic history of Europe, And The Weak Suffer What They Must?; and Another Now: Dispatches from An Alternative Present.Born in Athens in 1961, he was for many years a professor of economics in Britain, Australia and the USA before he entered politics. He is co-founder of the international grassroots movement DiEM25 and a Professor of Economics at the University of Athens.