#cloudcapital — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #cloudcapital, aggregated by home.social.
-
I really don't think the technofeudalism theory makes much sense and I'm not really sure if Varoufakis has convincingly argued in its favor here...
"Q. Your analogy between feudalism and digital platforms has been criticized as excessive or merely metaphorical. Doesn’t your thesis risk obscuring, rather than clarifying, the real dynamics of power and exploitation in contemporary capitalism?
A. My critics often mistake my argument for claiming we have somehow returned to feudalism. That has never been my argument. My position is that we have moved to a new societal structure based on a mutated form of capital for wealth accumulation — unlike feudalism, which relied on land. The rise of this mutant capital, cloud capital, means that markets are replaced by cloud-based fiefdoms and profits by cloud rents. So, this new system shares some features with feudalism but is fundamentally built on capital, not land. Also — and this is crucial — because cloud capital is not productive, technofeudalism is parasitic and wholly depends on an ever-shrinking traditional capitalist sector, which, however, has lost its dominance in the distribution of income, wealth, and power. This is the best way to understand power and exploitation in today’s societies.
Q. To clarify, doesn’t the majority of the world’s workforce still operate within a capitalist system rooted in private ownership of the means of production and the extraction of surplus value from wage labor, as Marx described?
A. Yes. But that does not diminish my technofeudal hypothesis. Let me remind you that even in 1860, most people still worked under feudal relations of production, not capitalist ones. Yet feudalism was already dead and capitalism had taken its place."
#Technofeudalism #Capitalism #Marxism #CloudCapital #BigTech
-
I really don't think the technofeudalism theory makes much sense and I'm not really sure if Varoufakis has convincingly argued in its favor here...
"Q. Your analogy between feudalism and digital platforms has been criticized as excessive or merely metaphorical. Doesn’t your thesis risk obscuring, rather than clarifying, the real dynamics of power and exploitation in contemporary capitalism?
A. My critics often mistake my argument for claiming we have somehow returned to feudalism. That has never been my argument. My position is that we have moved to a new societal structure based on a mutated form of capital for wealth accumulation — unlike feudalism, which relied on land. The rise of this mutant capital, cloud capital, means that markets are replaced by cloud-based fiefdoms and profits by cloud rents. So, this new system shares some features with feudalism but is fundamentally built on capital, not land. Also — and this is crucial — because cloud capital is not productive, technofeudalism is parasitic and wholly depends on an ever-shrinking traditional capitalist sector, which, however, has lost its dominance in the distribution of income, wealth, and power. This is the best way to understand power and exploitation in today’s societies.
Q. To clarify, doesn’t the majority of the world’s workforce still operate within a capitalist system rooted in private ownership of the means of production and the extraction of surplus value from wage labor, as Marx described?
A. Yes. But that does not diminish my technofeudal hypothesis. Let me remind you that even in 1860, most people still worked under feudal relations of production, not capitalist ones. Yet feudalism was already dead and capitalism had taken its place."
#Technofeudalism #Capitalism #Marxism #CloudCapital #BigTech
-
I really don't think the technofeudalism theory makes much sense and I'm not really sure if Varoufakis has convincingly argued in its favor here...
"Q. Your analogy between feudalism and digital platforms has been criticized as excessive or merely metaphorical. Doesn’t your thesis risk obscuring, rather than clarifying, the real dynamics of power and exploitation in contemporary capitalism?
A. My critics often mistake my argument for claiming we have somehow returned to feudalism. That has never been my argument. My position is that we have moved to a new societal structure based on a mutated form of capital for wealth accumulation — unlike feudalism, which relied on land. The rise of this mutant capital, cloud capital, means that markets are replaced by cloud-based fiefdoms and profits by cloud rents. So, this new system shares some features with feudalism but is fundamentally built on capital, not land. Also — and this is crucial — because cloud capital is not productive, technofeudalism is parasitic and wholly depends on an ever-shrinking traditional capitalist sector, which, however, has lost its dominance in the distribution of income, wealth, and power. This is the best way to understand power and exploitation in today’s societies.
Q. To clarify, doesn’t the majority of the world’s workforce still operate within a capitalist system rooted in private ownership of the means of production and the extraction of surplus value from wage labor, as Marx described?
A. Yes. But that does not diminish my technofeudal hypothesis. Let me remind you that even in 1860, most people still worked under feudal relations of production, not capitalist ones. Yet feudalism was already dead and capitalism had taken its place."
#Technofeudalism #Capitalism #Marxism #CloudCapital #BigTech
-
I really don't think the technofeudalism theory makes much sense and I'm not really sure if Varoufakis has convincingly argued in its favor here...
"Q. Your analogy between feudalism and digital platforms has been criticized as excessive or merely metaphorical. Doesn’t your thesis risk obscuring, rather than clarifying, the real dynamics of power and exploitation in contemporary capitalism?
A. My critics often mistake my argument for claiming we have somehow returned to feudalism. That has never been my argument. My position is that we have moved to a new societal structure based on a mutated form of capital for wealth accumulation — unlike feudalism, which relied on land. The rise of this mutant capital, cloud capital, means that markets are replaced by cloud-based fiefdoms and profits by cloud rents. So, this new system shares some features with feudalism but is fundamentally built on capital, not land. Also — and this is crucial — because cloud capital is not productive, technofeudalism is parasitic and wholly depends on an ever-shrinking traditional capitalist sector, which, however, has lost its dominance in the distribution of income, wealth, and power. This is the best way to understand power and exploitation in today’s societies.
Q. To clarify, doesn’t the majority of the world’s workforce still operate within a capitalist system rooted in private ownership of the means of production and the extraction of surplus value from wage labor, as Marx described?
A. Yes. But that does not diminish my technofeudal hypothesis. Let me remind you that even in 1860, most people still worked under feudal relations of production, not capitalist ones. Yet feudalism was already dead and capitalism had taken its place."
#Technofeudalism #Capitalism #Marxism #CloudCapital #BigTech
-
I really don't think the technofeudalism theory makes much sense and I'm not really sure if Varoufakis has convincingly argued in its favor here...
"Q. Your analogy between feudalism and digital platforms has been criticized as excessive or merely metaphorical. Doesn’t your thesis risk obscuring, rather than clarifying, the real dynamics of power and exploitation in contemporary capitalism?
A. My critics often mistake my argument for claiming we have somehow returned to feudalism. That has never been my argument. My position is that we have moved to a new societal structure based on a mutated form of capital for wealth accumulation — unlike feudalism, which relied on land. The rise of this mutant capital, cloud capital, means that markets are replaced by cloud-based fiefdoms and profits by cloud rents. So, this new system shares some features with feudalism but is fundamentally built on capital, not land. Also — and this is crucial — because cloud capital is not productive, technofeudalism is parasitic and wholly depends on an ever-shrinking traditional capitalist sector, which, however, has lost its dominance in the distribution of income, wealth, and power. This is the best way to understand power and exploitation in today’s societies.
Q. To clarify, doesn’t the majority of the world’s workforce still operate within a capitalist system rooted in private ownership of the means of production and the extraction of surplus value from wage labor, as Marx described?
A. Yes. But that does not diminish my technofeudal hypothesis. Let me remind you that even in 1860, most people still worked under feudal relations of production, not capitalist ones. Yet feudalism was already dead and capitalism had taken its place."
#Technofeudalism #Capitalism #Marxism #CloudCapital #BigTech
-
https://youtube.com/watch?v=hMjLaTiY0vA&si=DKMzXxaV5C6ymXpN
Yanis Varoufakis - hard talk about western capitalist “liberal democracy” vs China and the global south #anticapitalism #antifa #palestine #china #cloudcapital #technofeudalism -
https://youtube.com/watch?v=hMjLaTiY0vA&si=DKMzXxaV5C6ymXpN
Yanis Varoufakis - hard talk about western capitalist “liberal democracy” vs China and the global south #anticapitalism #antifa #palestine #china #cloudcapital #technofeudalism -
https://youtube.com/watch?v=hMjLaTiY0vA&si=DKMzXxaV5C6ymXpN
Yanis Varoufakis - hard talk about western capitalist “liberal democracy” vs China and the global south #anticapitalism #antifa #palestine #china #cloudcapital #technofeudalism -
https://youtube.com/watch?v=hMjLaTiY0vA&si=DKMzXxaV5C6ymXpN
Yanis Varoufakis - hard talk about western capitalist “liberal democracy” vs China and the global south #anticapitalism #antifa #palestine #china #cloudcapital #technofeudalism -
https://youtube.com/watch?v=hMjLaTiY0vA&si=DKMzXxaV5C6ymXpN
Yanis Varoufakis - hard talk about western capitalist “liberal democracy” vs China and the global south #anticapitalism #antifa #palestine #china #cloudcapital #technofeudalism -
British version:
In the near future
you can have chips
but you can’t have chipsAmerican version:
In the near future
you can be fried
but you can’t have fries -
British version:
In the near future
you can have chips
but you can’t have chipsAmerican version:
In the near future
you can be fried
but you can’t have fries -
British version:
In the near future
you can have chips
but you can’t have chipsAmerican version:
In the near future
you can be fried
but you can’t have fries -
British version:
In the near future
you can have chips
but you can’t have chipsAmerican version:
In the near future
you can be fried
but you can’t have fries -
British version:
In the near future
you can have chips
but you can’t have chipsAmerican version:
In the near future
you can be fried
but you can’t have fries -
”Capital killed capitalism”
”Jeff Bezos bypasses markets. Capitalists are his servants whom he charges 40%”
”They don’t even want you to buy anything. They have a new form of capital for putting ideas into your brain”
”There is no such thing as AI, it’s a marketing term for a wide variety of cybernetic systems”
”The center-left is entirely responsible for the rise of fascism”
-Yanis Varoufakis
https://youtube.com/watch?v=GYBnSPX3BMo
#technofeudalism #cloudcapital #platformeconomy #algorithm #capitalism #ai -
”Capital killed capitalism”
”Jeff Bezos bypasses markets. Capitalists are his servants whom he charges 40%”
”They don’t even want you to buy anything. They have a new form of capital for putting ideas into your brain”
”There is no such thing as AI, it’s a marketing term for a wide variety of cybernetic systems”
”The center-left is entirely responsible for the rise of fascism”
-Yanis Varoufakis
https://youtube.com/watch?v=GYBnSPX3BMo
#technofeudalism #cloudcapital #platformeconomy #algorithm #capitalism #ai -
”Capital killed capitalism”
”Jeff Bezos bypasses markets. Capitalists are his servants whom he charges 40%”
”They don’t even want you to buy anything. They have a new form of capital for putting ideas into your brain”
”There is no such thing as AI, it’s a marketing term for a wide variety of cybernetic systems”
”The center-left is entirely responsible for the rise of fascism”
-Yanis Varoufakis
https://youtube.com/watch?v=GYBnSPX3BMo
#technofeudalism #cloudcapital #platformeconomy #algorithm #capitalism #ai -
”Capital killed capitalism”
”Jeff Bezos bypasses markets. Capitalists are his servants whom he charges 40%”
”They don’t even want you to buy anything. They have a new form of capital for putting ideas into your brain”
”There is no such thing as AI, it’s a marketing term for a wide variety of cybernetic systems”
”The center-left is entirely responsible for the rise of fascism”
-Yanis Varoufakis
https://youtube.com/watch?v=GYBnSPX3BMo
#technofeudalism #cloudcapital #platformeconomy #algorithm #capitalism #ai -
”Capital killed capitalism”
”Jeff Bezos bypasses markets. Capitalists are his servants whom he charges 40%”
”They don’t even want you to buy anything. They have a new form of capital for putting ideas into your brain”
”There is no such thing as AI, it’s a marketing term for a wide variety of cybernetic systems”
”The center-left is entirely responsible for the rise of fascism”
-Yanis Varoufakis
https://youtube.com/watch?v=GYBnSPX3BMo
#technofeudalism #cloudcapital #platformeconomy #algorithm #capitalism #ai -
@gluecka @sarah_ist_muede @villon
Yup. Da gehts um #cloudcapital und #generativeai. Ich will mir fast gar nicht vorstellen was mit der aktuellen US-Regierung und einer #AI die verstehen kann was in den Haushalten gesprochen wird und in ein maschinenverständliches Transkript bringen kann, passieren könnte.
Ich hoffe ganz doll das sich meine Sorgen final als Schwurbelei herraustellen und wir in 10 Jahren über diese Posts lachen können.
-
@gluecka @sarah_ist_muede @villon
Yup. Da gehts um #cloudcapital und #generativeai. Ich will mir fast gar nicht vorstellen was mit der aktuellen US-Regierung und einer #AI die verstehen kann was in den Haushalten gesprochen wird und in ein maschinenverständliches Transkript bringen kann, passieren könnte.
Ich hoffe ganz doll das sich meine Sorgen final als Schwurbelei herraustellen und wir in 10 Jahren über diese Posts lachen können.
-
@gluecka @sarah_ist_muede @villon
Yup. Da gehts um #cloudcapital und #generativeai. Ich will mir fast gar nicht vorstellen was mit der aktuellen US-Regierung und einer #AI die verstehen kann was in den Haushalten gesprochen wird und in ein maschinenverständliches Transkript bringen kann, passieren könnte.
Ich hoffe ganz doll das sich meine Sorgen final als Schwurbelei herraustellen und wir in 10 Jahren über diese Posts lachen können.
-
”The moment you enter Amazon.com, you have exited the free market”
-Yanis Varoufakis#cloudcapital #technofeudalism #broligarchy
https://youtube.com/watch?v=Y_3_PnnZ14I -
”The moment you enter Amazon.com, you have exited the free market”
-Yanis Varoufakis#cloudcapital #technofeudalism #broligarchy
https://youtube.com/watch?v=Y_3_PnnZ14I -
”The moment you enter Amazon.com, you have exited the free market”
-Yanis Varoufakis#cloudcapital #technofeudalism #broligarchy
https://youtube.com/watch?v=Y_3_PnnZ14I -
”The moment you enter Amazon.com, you have exited the free market”
-Yanis Varoufakis#cloudcapital #technofeudalism #broligarchy
https://youtube.com/watch?v=Y_3_PnnZ14I -
”The moment you enter Amazon.com, you have exited the free market”
-Yanis Varoufakis#cloudcapital #technofeudalism #broligarchy
https://youtube.com/watch?v=Y_3_PnnZ14I -
Great conversation on Big tech, Global economy and politics, and democracy.
Elon Musk’s Move Into Politics: Yanis #Varoufakis and Cory #Doctorow @pluralistic on Fighting Billionaire Control
https://youtube.com/live/I0kvjNh7czM
#bigtech #enshittification #technofeudalism #cloudcapital #diem25 -
Great conversation on Big tech, Global economy and politics, and democracy.
Elon Musk’s Move Into Politics: Yanis #Varoufakis and Cory #Doctorow @pluralistic on Fighting Billionaire Control
https://youtube.com/live/I0kvjNh7czM
#bigtech #enshittification #technofeudalism #cloudcapital #diem25 -
Great conversation on Big tech, Global economy and politics, and democracy.
Elon Musk’s Move Into Politics: Yanis #Varoufakis and Cory #Doctorow @pluralistic on Fighting Billionaire Control
https://youtube.com/live/I0kvjNh7czM
#bigtech #enshittification #technofeudalism #cloudcapital #diem25 -
Great conversation on Big tech, Global economy and politics, and democracy.
Elon Musk’s Move Into Politics: Yanis #Varoufakis and Cory #Doctorow @pluralistic on Fighting Billionaire Control
https://youtube.com/live/I0kvjNh7czM
#bigtech #enshittification #technofeudalism #cloudcapital #diem25 -
Great conversation on Big tech, Global economy and politics, and democracy.
Elon Musk’s Move Into Politics: Yanis #Varoufakis and Cory #Doctorow @pluralistic on Fighting Billionaire Control
https://youtube.com/live/I0kvjNh7czM
#bigtech #enshittification #technofeudalism #cloudcapital #diem25 -
"…mostro em #Tecnofeudalismo que a China é o único locus alternativo [além EUA] onde o #cloudcapital eclodiu. A emergência do capital de nuvem chinês explica porque #Taiwan é um problema." #YanisVaroufakis: "o verdadeiro campo de batalha é o "mercado imobiliário digital". youtu.be/2o0lB5buQwQ?...
As Big Techs estão nos escravi... -
#TechnoFeudalism
"O que aconteceu nos últimos 10-15 anos, que eu mostro em #Tecnofeudalismo", é que a China é o único locus alternativo onde o capital de nuvem (#cloudcapital) eclodiu. A Europa não tem. A emergência do capital de nuvem chinês explica porque #Taiwan é um problema."
#YanisVaroufakis explica como as #bigtech, tanto nos EUA quanto na China, expandem seu controle sobre o planeta.
"o verdadeiro campo de batalha é o "mercado imobiliário digital".
https://youtu.be/2o0lB5buQwQ?si=NkKB6zEbUQjcjuJ6 -
#TechnoFeudalism
"O que aconteceu nos últimos 10-15 anos, que eu mostro em #Tecnofeudalismo", é que a China é o único locus alternativo onde o capital de nuvem (#cloudcapital) eclodiu. A Europa não tem. A emergência do capital de nuvem chinês explica porque #Taiwan é um problema."
#YanisVaroufakis explica como as #bigtech, tanto nos EUA quanto na China, expandem seu controle sobre o planeta.
"o verdadeiro campo de batalha é o "mercado imobiliário digital".
https://youtu.be/2o0lB5buQwQ?si=NkKB6zEbUQjcjuJ6 -
#TechnoFeudalism
"O que aconteceu nos últimos 10-15 anos, que eu mostro em #Tecnofeudalismo", é que a China é o único locus alternativo onde o capital de nuvem (#cloudcapital) eclodiu. A Europa não tem. A emergência do capital de nuvem chinês explica porque #Taiwan é um problema."
#YanisVaroufakis explica como as #bigtech, tanto nos EUA quanto na China, expandem seu controle sobre o planeta.
"o verdadeiro campo de batalha é o "mercado imobiliário digital".
https://youtu.be/2o0lB5buQwQ?si=NkKB6zEbUQjcjuJ6 -
#TechnoFeudalism
"O que aconteceu nos últimos 10-15 anos, que eu mostro em #Tecnofeudalismo", é que a China é o único locus alternativo onde o capital de nuvem (#cloudcapital) eclodiu. A Europa não tem. A emergência do capital de nuvem chinês explica porque #Taiwan é um problema."
#YanisVaroufakis explica como as #bigtech, tanto nos EUA quanto na China, expandem seu controle sobre o planeta.
"o verdadeiro campo de batalha é o "mercado imobiliário digital".
https://youtu.be/2o0lB5buQwQ?si=NkKB6zEbUQjcjuJ6 -
#TechnoFeudalism
"O que aconteceu nos últimos 10-15 anos, que eu mostro em #Tecnofeudalismo", é que a China é o único locus alternativo onde o capital de nuvem (#cloudcapital) eclodiu. A Europa não tem. A emergência do capital de nuvem chinês explica porque #Taiwan é um problema."
#YanisVaroufakis explica como as #bigtech, tanto nos EUA quanto na China, expandem seu controle sobre o planeta.
"o verdadeiro campo de batalha é o "mercado imobiliário digital".
https://youtu.be/2o0lB5buQwQ?si=NkKB6zEbUQjcjuJ6 -
Apparently Libertarian Marxism is a thing. And I must say Iike it!
#amreading Yanis Varoufakis - Techno Feudalism: What killed capitalism
Everyone should read this book. Especially MAGA. But they won’t, since they have been emotionally programmed to think neoliberalism is capitalism & Marx’s economic theories only apply to communism.
#bookstodon #capitalism #economics #marxism #libertarianism #cloudcapital #technofeudalism #memes #yeschad
-
Apparently Libertarian Marxism is a thing. And I must say Iike it!
#amreading Yanis Varoufakis - Techno Feudalism: What killed capitalism
Everyone should read this book. Especially MAGA. But they won’t, since they have been emotionally programmed to think neoliberalism is capitalism & Marx’s economic theories only apply to communism.
#bookstodon #capitalism #economics #marxism #libertarianism #cloudcapital #technofeudalism #memes #yeschad
-
Apparently Libertarian Marxism is a thing. And I must say Iike it!
#amreading Yanis Varoufakis - Techno Feudalism: What killed capitalism
Everyone should read this book. Especially MAGA. But they won’t, since they have been emotionally programmed to think neoliberalism is capitalism & Marx’s economic theories only apply to communism.
#bookstodon #capitalism #economics #marxism #libertarianism #cloudcapital #technofeudalism #memes #yeschad
-
Apparently Libertarian Marxism is a thing. And I must say Iike it!
#amreading Yanis Varoufakis - Techno Feudalism: What killed capitalism
Everyone should read this book. Especially MAGA. But they won’t, since they have been emotionally programmed to think neoliberalism is capitalism & Marx’s economic theories only apply to communism.
#bookstodon #capitalism #economics #marxism #libertarianism #cloudcapital #technofeudalism #memes #yeschad
-
Apparently Libertarian Marxism is a thing. And I must say Iike it!
#amreading Yanis Varoufakis - Techno Feudalism: What killed capitalism
Everyone should read this book. Especially MAGA. But they won’t, since they have been emotionally programmed to think neoliberalism is capitalism & Marx’s economic theories only apply to communism.
#bookstodon #capitalism #economics #marxism #libertarianism #cloudcapital #technofeudalism #memes #yeschad
-
Welcome to the Age of Technofeudalism https://www.wired.com/story/yanis-varoufakis-technofeudalism-interview/ #Business/PolicyandNetNeutrality #Business/SocialMedia #cloudcapital #Business
-
Welcome to the Age of Technofeudalism https://www.wired.com/story/yanis-varoufakis-technofeudalism-interview/ #Business/PolicyandNetNeutrality #Business/SocialMedia #cloudcapital #Business
-
Welcome to the Age of Technofeudalism https://www.wired.com/story/yanis-varoufakis-technofeudalism-interview/ #Business/PolicyandNetNeutrality #Business/SocialMedia #cloudcapital #Business
-
Welcome to the Age of Technofeudalism https://www.wired.com/story/yanis-varoufakis-technofeudalism-interview/ #Business/PolicyandNetNeutrality #Business/SocialMedia #cloudcapital #Business
-
Welcome to the Age of Technofeudalism - In Yanis Varoufakis’ latest book, the former Greek finance minister argues that companies... - https://www.wired.com/story/yanis-varoufakis-technofeudalism-interview/ #business/policyandnetneutrality #business/socialmedia #cloudcapital #business
-
Welcome to the Age of Technofeudalism - In Yanis Varoufakis’ latest book, the former Greek finance minister argues that companies... - https://www.wired.com/story/yanis-varoufakis-technofeudalism-interview/ #business/policyandnetneutrality #business/socialmedia #cloudcapital #business
-
Welcome to the Age of Technofeudalism - In Yanis Varoufakis’ latest book, the former Greek finance minister argues that companies... - https://www.wired.com/story/yanis-varoufakis-technofeudalism-interview/ #business/policyandnetneutrality #business/socialmedia #cloudcapital #business
-
Welcome to the Age of Technofeudalism - In Yanis Varoufakis’ latest book, the former Greek finance minister argues that companies... - https://www.wired.com/story/yanis-varoufakis-technofeudalism-interview/ #business/policyandnetneutrality #business/socialmedia #cloudcapital #business
-
Welcome to the Age of Technofeudalism - In Yanis Varoufakis’ latest book, the former Greek finance minister argues that companies... - https://www.wired.com/story/yanis-varoufakis-technofeudalism-interview/ #business/policyandnetneutrality #business/socialmedia #cloudcapital #business
-
#FightTechnofeudalism by #BigTech
(1/5)
Thank you.
There is much more going on regarding the global economic system as well:As the former economics minister of #Greece, #YanisVaroufakis phrases it, 👉#CloudCapital has once again transformed almost all of us into mere serfs, very much like during medieval times, feudal lords extracting rent from us.👈
I am in the process of listening to his fascinating book, #Technofeudalism:
"The world-famous #1 bestselling...
@scott -
#FightTechnofeudalism by #BigTech
(1/5)
Thank you.
There is much more going on regarding the global economic system as well:As the former economics minister of #Greece, #YanisVaroufakis phrases it, 👉#CloudCapital has once again transformed almost all of us into mere serfs, very much like during medieval times, feudal lords extracting rent from us.👈
I am in the process of listening to his fascinating book, #Technofeudalism:
"The world-famous #1 bestselling...
@scott
