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Yanis Varoufakis: Amazon Has Transformed Our Capitalist Era of Free Markets Into the Era of Technofeudalism
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Amazon is a clearer expression of what Yanis Varoufakis, an economist and former finance minister of Greece, calls technofeudalism: a new economic order in which platforms behave like fiefdoms, owning fiefdoms that have replaced markets, according to an editorial published in The Guardian. He warns that if in classical capitalism, companies invested in […] The article Yanis Varoufakis: Amazon has transformed our capitalist era of free markets in…
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