Techno-Feudalism

Not all of the anecdotes and metaphors made sense to me, but a lot of it also matches my experience exactly. It's gutsy to put an analysis of what big tech is doing to the world out there, and gutsier to venture proposals to do something about it. At this point any plan is going to sound farfetched, but I'm ready to get on a train going a different direction even if it's looking wobbly.

This was a fascinating read. Essentially Varoufakis argues that capitalism is actually over, and that we are now in an era where rent derived from "digital fiefs" is dominant (e.g.: Amazon doesn't produce goods or acquire capital in the tratitional sense, but because no seller can survive without selling on Amazon, it operates like a fief extracting rent from the vassals (sellers) who have no option but to use their site). It's pretty heavy economic theory, but he frames it as a conversation with his late father, and does a good job at simplifying and explaining what he talks about.

Very interesting, and very convincing.