Technofeudalism: What Killed Capitalism

· Random House
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‘What an amazing piece of work this is. Ground-breaking, thought-provoking and highly accessible. Everyone should read it. The dark, scary, exciting song of our age. 100 out of 100’ IRVINE WELSH

Capitalism is dead. Welcome to technofeudalism.

In his boldest and most far-reaching book, the visionary economist and number-one bestselling author Yanis Varoufakis shows how the owners of big tech became the world's feudal overlords – replacing capitalism with a fundamentally new system that enslaves our minds, defies democracy and rewrite the rules of global power.

But as Varoufakis also reveals, technofeudalism contains new opportunities to thwart and overturn it, bringing into focus more clearly than ever the revolution we need to escape our digital prison.

‘An epochal, once-in-a-millennium shift . . . this isn't just new technology. This is the world grappling with an entirely new economic system and therefore political power’ Observer

‘An urgent demand to seize the means of computation’ CORY DOCTOROW

A FINANCIAL TIMES BEST BOOK OF THE YEAR

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Yanis Varoufakis is an economist, political leader and the author of numerous bestselling books: Talking to My Daughter: A Brief History of Capitalism; Adults in the Room, a memoir of his time as finance minister of Greece; an economic history of Europe, And The Weak Suffer What They Must?; and Another Now: Dispatches from An Alternative Present. Born in Athens in 1961, he was for many years a professor of economics in Britain, Australia and the USA before he entered politics. He is co-founder of the international grassroots movement DiEM25 and a Professor of Economics at the University of Athens.

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