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Technofeudalism

By: Yanis Varoufakis
Narrated by: Yanis Varoufakis
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Publisher's Summary

Brought to you by Penguin.

*A GUARDIAN BEST FORTHCOMING BOOK OF 2023*

The #1 bestselling economist opens our eyes to the new power that is reshaping our lives and the world.

No one noticed when capitalism was ... replaced.

Perhaps we were too distracted by the pandemic, or the endless financial crises, or the rise of TikTok. But under cover of them all, a new and more exploitative system has been taking hold.

Insane sums of money that were supposed to re-float our economies went to big tech instead. Having privatised the internet, big tech has been able to replace capitalism's twin pillars - markets and profit - with its platforms and rents. With every click and scroll, we labour like serfs to increase its power. Welcome to technofeudalism: the new power that is reshaping our lives and the world, and the greatest current threat to social democracy.

Drawing on stories from Greek Myth and pop culture, from Homer to Mad Men, world-famous economist Yanis Varoufakis explains this revolutionary transformation: how it enslaves our minds, how it rewrites the rules of global power and ultimately what it will take overthrow it.

©2023 Yanis Varoufakis (P)2023 Penguin Audio

Critic Reviews

A book for anybody who wants to understand the mess we're in - and since we're all in this mess, that makes it a book for everybody (Slavoj Zizek)
With superb storytelling, Varoufakis shows how capitalism has eaten itself alive, mutating into an entirely different and more dangerous beast, and calls on us to free ourselves from digital serfdom (Brett Scott, author of Cloudmoney)
Provocative and accessible, this is sure to be a key touchstone in debates about the future of the global economy (Nick Srnicek, Kings College London)

What listeners say about Technofeudalism

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Some hope for the grim world conditions

Feudalism is back and it aptly describes the lives of many. There is still some hope that this techno feudalism may also one day be turned over.

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A real disappointment

A real disappointment. I was hoping to hear how Varoufakis arrived at his theory of this new techno feudalism but he gives very little justification for his ideas. Most of the book is an ideological diatribe. The author seems enamoured with Marx which is sad as most people grow out of that with education and experience. Like Marx he makes a lot of grand pronouncements with very little evidence or real world examples to back it up. I laughed out loud when he suggested the we should manage things like the Eurovision song contest. I understand Varoufakis has experience with economics but, I've worked in tech for a long time and his knowledge and understanding of technology seems shallow. After reading economic discussion by people like Sowell this book is thin on substance. The book might be fine for someone looking for confirmation bias of their ideology but is sadly lacking in robust evidentiary support.

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Great book, not filled filled with hope

Yanis is explains what has occurred, and asking us to change it. We are being called to over throw, both the government and the large institutions that used public money to i trench their feudal states.
Worth the tread, and I hope it creates change

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Another brilliant book.

The authors expertise and vast knowledge comes to the fore in his latest book focusing on cloud capitalism and its impact on us all. A brilliant and confronting read. One of the highlights of the year.

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  • F. Milec
  • 12-12-2023

Amazing book, horrible narration

Why didn't Penguin get a professional voice actor to record this? I love Varoufakis but listening to him mispronounce every single word for hours gave me a headache. It makes the book much less accessible to ESL speakers.

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  • Armand Jarri
  • 06-02-2024

Good ideas. Overwritten, and overperformed

Some good ideas here. But it is way overwritten. The author coins the term "technofeudalism" , which is brillant , yet as the book proceeds he uses it to mean different things. Ideas get more convoluted and confused. The whole section on China is a non sequitur.

To further complicate things, the book is narrated by yhe author and written in second person, two factors that adds to the excessively performative style of the author that some people, like I, find irritating.

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  • Catalin
  • 18-01-2024

Interesting view of the future and the present

The most of the book, about the history and the actual times, are pretty accurate but the last part of the book describes a complete utopia… also the English of the author is terrible… The written version is more appropriate. Anyway is a good book with lots of interesting information and insights.

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  • Stephanie Clay
  • 17-10-2023

Amazing thought and insight

Brilliantly written and read. This book really shines light on how things are now and, optimistically, how it could be.

I will need to listen again a couple of times for all the observations, theories and ideas to sink in.

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  • Jillian Thom
  • 11-02-2024

Thought provoking

Very interesting and beautifully read by the author. I learnt a lot. I’m not sure I agree with everything but it is good for thought.

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  • Anonymous User
  • 09-02-2024

Absolutely awesome. Must listen book

Great listen. Gives some great history and finishes with solutions. I learned a lot listening to this fabulous book. GET IT :-)

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  • Valkyrie
  • 02-02-2024

Challenging book, excelent content.

Bread book, a must read for our generation. This is the stuff the you should read when you are in high school, not what passes for "education" these days.

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  • Ines Teodosio Felizardo
  • 30-01-2024

Paradigm changing

Mandatory reading for all those who are striving for a better world. I recommend it wholeheartedly.

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  • Margaret Bent
  • 29-01-2024

a clever twist on the new capitalism.

I do like the author and feel he is a real expert in this field, but I did struggle to follow the narrative at times and think engaging a different reader would have enhanced the presentation.

The concept is clever and interesting, presenting the authors view on cloud capitalism. Worth listening to.

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  • Anonymous User
  • 21-01-2024

Great explanation

this is a must for every parent to suggest this book for their kids in order to circumnavigate in today's life

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  • DRMM
  • 17-01-2024

Great analysis

Really enjoyed the analysis of technology and its development relating to the economy’s the west and how it is eating capitalism, but Yannis over indulged himself in the last couple of chapters with socialism and revolution as the only solutions. Given Yannis’ background it should be expected and not to be entirely dismissed as it contains some interesting potential solutions, just not entirely a final balanced offering. Overall very good and deeply insightful from a man who has a very important perspective. Well worth reading if you are into considering the near future.

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  • Ali Pride
  • 10-01-2024

Great view of our direction of travel

I really enjoyed Adults in the Room. This book didn’t disappoint. Yanis has a great perspective and ability to make sense of where we are and how we got here.

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  • Amazon Customer
  • 06-01-2024

Required reading for every human

This is a monumental piece of work. Not only does it mark a necessary shift in leftist thinking, but it also offers the first concrete description of a socialist system that I’ve ever come across.

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