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Technofeudalism, The next stage of Capatalism?

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In this video Yanis Varoufakis explains the transition from a capitalist economy  to an emerging Technofeudalist model.
The economy is no longer about markets and competition. When mega companies like Amazon account for over 50% of online pucrases and capture a majority share of the market the rules of Capatalism no longer apply. Platforms like Facebook, Google and Amazon are able to algorithmically decide what products are shown or hidden.


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