Are We Transitioning From Capitalism to Silicon Serfdom?::The idea that we are entering an era of techno-feudalism that will be worse than capitalism is chilling and controversial. We asked former Greek finance minister Yanis Varoufakis to elucidate this idea, explain how we got here, and map out some alternatives.

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26 points

…with crypto-locked bootloaders/ECMs/tractors to make sure none of the serfs threaten the king’s power with digital pitchforks.

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But law could easily correct that… which means we’re still a democracy with heavy capitalist influence bordering into full blown serfdom, sure.

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