Sounds like "rentier capitalism" is the better term. "Feudalism" brings up waaaay too many other features. - Bryan Alexander - Medium

…rents, Varoufakis writes, “survived only parasitically on, and in the shadows of, profit.” That is, rentiers (people whose wealth comes from rents) were a small rump of the economy, slightly suspect and on th…

Yanis Varoufakis’s “Technofeudalism: What Killed Capitalism?”

Cory Doctorow

Bryan Alexander

Oct 2

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Sounds like "rentier capitalism" is the better term.

"Feudalism" brings up waaaay too many other features.

Bryan Alexander

Written by Bryan Alexander

Futurist, speaker, writer, educator. Author of the FTTE report, UNIVERSITIES ON FIRE, and ACADEMIA NEXT. Creator of The Future Trends Forum.

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