Sam Seder
@TheMajorityReport·2M subscribers·30.1K videos
How Sheep Birthed The Working Class?
Posted
April 8, 2024
Views
4,195
Likes
238
Comments
57
Engagement
7.03%
April 8, 2024
4,195
238
57
7.03%
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19:01Now PlayingLive-streamed on April 1, 2024
Yanis Varoufakis, economics professor and former Finance Minister of Greece, discusses his recent book Technofeudalism: What Killed Capitalism.
Professor Yanis Varoufakis then joins, first walking through the evolution from Feudalism’s formula of land ownership and rent extraction to Capitalism’s formula of the ownership of the means of production and profit extraction, before diving into his concept of “Technofeudalism,” a rising system of digital fiefdoms – Amazon a primary example – where products not produced by the owner of the platforms are sold with a massive rent extraction.
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