The idea that we are entering an era of techno-feudalism that will be worse than capitalism is chilling and controversial. We asked former Greek finance minister Yanis Varoufakis to elucidate this idea, explain how we got here, and map out some alternatives.

The idea that we are entering an era of techno-feudalism that will be worse than capitalism is chilling and controversial. We asked former Greek finance minister Yanis Varoufakis to elucidate this idea, explain how we got here, and map out some alternatives.

  • Ashyr@sh.itjust.works
    191·
    9 months ago

    Yes, I’m not implying capitalism is a form of government. I’m saying the form of government best suited to containing the excesses of capitalism is Democratic socialism.

    • CookieOfFortune@lemmy.world
      9·
      9 months ago

      I’d like to think most democracies would enact some socialist policies if there was less money involved in politics… but I’m not sure what the best way to prevent that is.

      You can craft laws but the legal system is also profit driven. And you’d need some way to either prevent corruption or get the motivations to line up correctly. But I can’t think of any practical solutions that also align with freedoms.