<ul><li>Technofeudalism is a concept coined by Yanis Varoufakis in his book, where he describes how capitalism is being replaced by a more opaque and unequal system dominated by digital platforms and 'cloud capital.'</li><li>The Internet, originally created for military purposes, has now become the central infrastructure of cloud capital, which no longer relies on salaried workers but instead exploits the unpaid labor of billions of people who generate content, data, and attention.</li><li>Recent events in the United States highlight how big tech and its leaders are redefining political, economic, and social power, as seen through Silicon Valley technocrats appointed in the Trump administration and antitrust investigations against Microsoft.</li><li>Technofeudalism is becoming more relevant as state sovereignty and labor rights are challenged by the rise of this new era of technological accumulation.</li></ul>

Technofeudalism: What killed capitalism

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