Upstream

Technofeudalism—you might already have some sense of what the term means, even if you haven’t sat down and unpacked it fully. A mode of production with one hand in the past and another the future—an updated form of feudal relations married to an advanced epoch of the productive forces that mark late capitalism—forces that we often associate with futuristic feats of technology. Except this is not some kind of techno-utopia—it’s really a dystopia.  Is capitalism over? Have we entered into a new mode of production defined by feudal relations and the technological forces of the algorithm? Did capitalism die, before our very eyes, in 2008? These are all questions that we tackle in today’s episode with a very special guest who’s written a book about all of this.  Yanis Varoufakis is a self-described anti-economist and author of many books. He was a member of Syriza and was Greece's Minister of Finance between January 2015 and July 2015, negotiating on behalf of the Greek government during the 2009-2018 Greek govern