Technofeudalism is an audiobook by Yanis Varoufakis, narrated by Yanis Varoufakis. The unabridged Audible edition runs 7 hrs 39 mins.
Publisher’s Summary
In a revelatory and pathbreaking work, the #1 international bestselling economist opens our eyes to the new power that is reshaping our lives and the world . . .
Big tech has replaced capitalism’s twin pillars—markets and profit—with its platforms and rents. With every click and scroll, we labor like serfs to increase its power.
Welcome to technofeudalism . . .
Perhaps we were too distracted by the pandemic, or the endless financial crises, or the rise of TikTok. But under cover of them all, a new and more exploitative system has been taking hold. Insane sums of money that were supposed to re-float our economies after the crash of 2008 went to big tech instead. With it they funded the construction of their private cloud fiefdoms and privatized the internet.
Technofeudalism says Yanis Varoufakis, is the new power that is reshaping our lives and the world, and is the greatest current threat to the liberal individual, to our efforts to avert climate catastrophe—and to democracy itself. It also lies behind the new geopolitical tensions, especially the New Cold War between the United States and China.
Drawing on stories from Greek myth and pop culture, from Homer to Mad Men, Varoufakis explains this revolutionary transformation: how it enslaves our minds, how it rewrites the rules of global power, and, ultimately, what it will take overthrow it.
Audiobook Details
- Narrated by: Yanis Varoufakis
- Length: 7 hrs 39 mins
- Publisher: Melville House
- Release year: 2024
- Audible category: Money & Finance / Economics / Economic History
Listener Ratings
Technofeudalism holds an average listener rating of 4.5/5 from 313 Audible ratings.
On Audible, ratings for this title break down into narration performance and story separately:
- Performance (narration): 4.3/5
- Story: 4.5/5
- 5-star ratings: 69% of all ratings
What Audible Listeners Are Saying
4/5 stars — “Overall Pretty Good — 7.5/10 “
The first 80-90% of the book is pretty solid. The author goes off the deep end of being a super lefty at the end. It’s his book and his opinion, it just took away from the rest of the book, in my opinion. I didn’t expect this to be a call to action for a global techno-socialist/communist world order. It was a pretty hard left (no pun intended), that didn’t seem to connect a ton with the rest of the reading. Overall, good diagnosis of problems and how the cloud/ICT has changed the economic landscape. Whether you’re left, right, or somewhere in between, overall I do think this is a good book. Great contents in addressing the problematic incentives of modern capitalism, especially around the present/future of how technology drives the distribution of wealth in America (and now China). You could probably read the first 5 chapters and get 95% of the information in the book. End chapter on China is good, too.— Serial Amazon Shopper, Audible listener
5/5 stars — “Out with the Old(Capitalism) in with New(…)”
Modern-day capitalism has transformed from Profit-seeking to Rent-seeking and turned all of us into free laborers. We need a new market system based on the democratic concept of one-citizen, one-vote, to a one-worker, one-share corporate system without owners and speculators gaining obscene wealth, but all of society.— SIMON SAYS, Audible listener
5/5 stars — “Brilliant “
Love the authors narration and enthusiasm. He does an excellent job of breaking down capitalism and its flaws.— Ryan, Audible listener
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