Because y’all shouldn’t fall for this moralistic and anachronistic nonsense. The rentier bourgeoisie controls the servers and data centres (vulgarly called “cloud”) like they did before with the railways, the shipping infrastructure, the airlines, energy, the production and redistribution of oil and gasoline, and even other forms of communications infrastructure.
Reframing the rentier bourgeoisie as some new unique stage of development beyond capitalism (and smuggling in liberal moralisms about “fiefdoms” and “feudal lords”) is just yet another European attempt at reframing the current regressive nature of capitalism as not-capitalism in order to defend the status quo as a “democracy” at risk.
And this author doesn’t even get into Imperialism in his critique.
I had a general positive overview about Yanis Varoufakis work since his first blog posts about his collab with valve (at that point I was just a lib), and even after becoming more familiar with Marxism and some of Lenin works (I’m still very green on theory overall) I’d still think that his points about the current euro economies were useful to understand.
But then about 10 months ago I saw him talking with someone online and explaining this “techno feudalism” rationalization and he completely lost me.