Link to video: https://www.youtube.com/watch?v=jOR4wuiPeEQ

TLDR: Hank Green independently discovers “Techno-Feudalism” and says he has not heard anyone else talking about this. Get Yanis Varoufakis on the phone with this liberal NOW!

    • Andrzej3K [none/use name]@hexbear.net
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      3 days ago

      Ime these big brain libs tend to define capitalism as ‘dynamic’ i.e. companies are being established, folding all the time, leading to innovation etc etc. So monopoly situations are ‘not-capitalism’ to these people. It’s bad because it’s unstable, and good because it drives innovation, and that duality is great because it allows liberals to feel very grown up and nuanced.

      This is also how they manage to convince themselves that China is “the most capitalist country in history” — they see a dynamic market and assume it must be capitalist

      • Sodium_nitride@lemmygrad.ml
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        3 days ago

        China is “the most capitalist country in history”

        They still refuse to adopt or study Chinese economic policies BTW.

    • FloridaBoi [he/him]@hexbear.net
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      3 days ago

      I doubt he even defines it. I’m reminded of a response that I think Antonio Negri (might be wrong) see below had to Thomas Piketty’s use of Capital and Capitalism without ever actually defining the terms. I can’t find it but it was really succinct

      edit: it was Frédéric Lordon