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Are We Transitioning From Capitalism to Silicon Serfdom?

Interview by David Moscrop The controversial concept of techno-feudalism suggests we have transitioned from capitalism to something even worse — a new era that exhibits disturbing feudal characteristics. On this view, capitalists now primarily rely on consolidated political power and rents to extract capital. If true, this form of feudal extraction represents a drastic shift away from the conventional mechanisms of capitalism. Importantly, it would mark a move from capitalism’s claimed foundatio...

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