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Are We Transitioning From Capitalism to Silicon Serfdom? (jacobin.com)

submitted 8 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Are We Transitioning From Capitalism to Silicon Serfdom?::The idea that we are entering an era of techno-feudalism that will be worse than capitalism is chilling and controversial. We asked former Greek finance minister Yanis Varoufakis to elucidate this idea, explain how we got here, and map out some alternatives.

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[–] PotatoesFall@discuss.tchncs.de 2 points 8 months ago

I agree with all but the first sentence. Markets do a terrible job at keeping capitalism in check but they are supposed to, at least that's what capitalism stans argue.