+- The Lurker Lounge Forums (https://www.lurkerlounge.com/forums)
+-- Forum: The Lurker Lounge (https://www.lurkerlounge.com/forums/forum-4.html)
+--- Forum: The Lounge (https://www.lurkerlounge.com/forums/forum-12.html)
+--- Thread: “Techno-feudalism”? (/thread-18190.html)
“Techno-feudalism”? - FireIceTalon - 01-03-2025
This term and the narrative surrounding it (what it consists of, it’s differences from capitalism, so on and so fort) seems to be all the rage now. According to proponents of this theory’s existence “capitalism is dead” and we now live in a new era of exploitation. The main proponent of this narrative is an author by the name Yanis Varoufakis that wrote an entire book on it. Note: I have not read it
However, this article provides what seems a pretty good description as well as a solid rejection of the theory. Thoughts? I’m particularly curios as to what Kandrathe, Jester and Eppie would have to say.
As for my own thoughts, a TLDR version of it, is that it’s basically nonsense. We still live under capitalism, and we aren’t going back to feudalism anytime soon (never, to be precise). I think proponents of this techno-feudalism are simply mistaking an increase or change in the ‘productive forces of society’ for a change in the ENTIRE social organization of society. Technology taking on or acquiring new forms, which is essentially what this is, is a very different thing from an economic system changing into another entirely different economic system, in my not-so-humble opinion.
https://journals.sagepub.com/doi/10.1177/1468795X241269293