Technofeudalism

“If it ain’t a capitalist market, what in the sweet Lord’s name are we stepping into when we enter Amazon.com?” a student at the University of Texas once asked me. “A type of digital fief,” I replied. “A post‑capitalist one, whose historical roots remain in feudal Europe.”

Under feudalism, the overlord would grant so-called fiefs to subordinates called vassals. These fiefs gave the vassals the formal right to exploit economically a part of the overlord’s realm – to plant crops on it, for example, or graze cattle – in exchange for a portion of the produce. The overlord would then unleash his sheriff to police the fief’s operation and collect what he was owed. Jeff’s relationship with the vendors on Amazon is not too dissimilar. He grants them digital fiefs, for a fee, and then leaves his algo-sheriff to police and collect.

[...]

It took mind-bending scientific breakthroughs, fantastical-sounding neural networks and imagination-defying AI programs to accomplish what? To turn workers toiling in warehouses, driving cabs and delivering food into digital proles. To create a world where markets are increasingly replaced by digital fiefs. To force businesses into the role of vassals. And to turn all of us into digital serfs, glued to our smartphones and tablets, eagerly producing the capital that keeps our new overlords on cloud nine.

Technofeudalism erects great barriers to mobilisation against it. But it also bestows new power on those who dare dream of a way to topple it – a capacity to build coalitions, organise and take action via the cloud: what I call cloud mobilisation. None of this is either easy or inevitable, but is it harder or less likely than what the miners, the seamstresses and the dockworkers envisioned and sacrificed their lives to achieve in the 19th century? The cloud takes – but the cloud also gives to those who want to reclaim freedom and democracy. It is up to us to prove which is greater.

Notes:

Folksonomies: technofeudalism

Taxonomies:
/law, govt and politics/politics (0.889271)
/society/unrest and war (0.764810)
/business and industrial/business operations/business plans (0.638969)

Concepts:
Fief (0.989256): dbpedia_resource
Feudalism (0.977920): dbpedia_resource
Vassal (0.920554): dbpedia_resource
Overlord (0.916075): dbpedia_resource
Crop (0.831720): dbpedia_resource
Economics (0.755831): dbpedia_resource
Root (0.723503): dbpedia_resource
Capitalism (0.715332): dbpedia_resource

 The big idea: has the digital economy killed capitalism?
Periodicals>Newspaper Article:  Varoufakis, Yanis (30 Oct 2023), The big idea: has the digital economy killed capitalism?, The Guardian, Retrieved on 2023-11-06
  • Source Material [www.theguardian.com]
  • Folksonomies: cyberpunk technofeudalism