PREMIUM FEATURE
Advanced Search Filters
Filter search results by source, date, and more with our premium search tools.
I call it techno-feudalism. I don’t call it capitalism anymore. We need to distinguish what was going on before 2008 from what was going on after 200… - Yanis Varoufakis
" "I call it techno-feudalism. I don’t call it capitalism anymore. We need to distinguish what was going on before 2008 from what was going on after 2008. Amazon is not a market; it’s a fiefdom. And it’s a fiefdom that’s connected to other fiefdoms, like Facebook, through the cloud services of Amazon, which are much greater and bigger than Amazon.com. It’s like a much more technologically advanced form of feudalism. And this is completely sustained by central bank money. So you have the combination of the king, the sovereign, the state, the central bank and the feudal lords, the techno-feudal lords. You can see that this system is constantly doubling-down on our extinction as a species. We had the pandemic and what did they do? More of the same...
Jeff Bezos is getting rich not because of the profits of Amazon, but because of the increase of the share price. You’ve heard that he made what, $60 billion since the beginning of the pandemic? That’s not because of the profits of Amazon. Amazon is not that profitable. They have huge revenues, but they also have costs. The actual profits are nothing like that. It’s maybe one billion altogether, but he made 60! From the share price.
English
Collect this quote
About Yanis Varoufakis
Yanis Varoufakis (Greek: Γιάνης Βαρουφάκης, pronounced [ˈʝanis varuˈfacis]; born 24 March 1961) is a Greek-Australian economist. He is the former finance minister of Greece. Varoufakis was a member of the Hellenic Parliament for Athens B from January to September 2015; he regained a parliamentary seat in July 2019.
Also Known As
Native Name:
Ιωάννης Βαρουφάκης
•
Γιάνης Βαρουφάκης
Alternative Names:
Ioannis Varoufakis
•
Ioannis Georgiou "Yanis" Varoufakis
Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.
Additional quotes by Yanis Varoufakis
A young man in Australia, a long, long time ago, well before we ever knew about WikiLeaks, had an idea: the idea of using Big Brother’s technology to create a large digital kind of mirror to turn to the face of Big Brother so as to enable us to be able to watch him watching us — a bit like turning the mirror to the face of the Medusa. WikiLeaks is based on that idea... WikiLeaks and Julian, as we know, have been persecuted for revealing to the world, especially to liberals, Democrats, Tories, social democrats — revealing to them the crimes against humanity perpetrated by our own elected leaders, in our name, behind our backs.
The world we live in is ruled by insiders... one of the first things said to me by a very high ranking American official.. when I was minister... you have a choice. You can be an insider or an outsider. If you are an outsider you'll retain your right to say anything you want, whatever you believe in but know that you're going to be persecuted, you're going to be villified and you'll be jettisoned. … On the other hand, you can chose to be an insider, to play the game... if you chose to be an insider you'll be given information that outsiders don't have, you'll be given... an opportunity... to make some... small tiny changes within the inside, but the one rule that you must respect, is that insiders do not tell outsiders the truth, and they do not turn against other insiders ... Julian [Assange]... created the technology that allowed the outsiders to get a glimpse within...and this is why he's being persecuted this way and one of the worst aspects of this persecution from a feminist perspective is that he's been accused of a crime for which he's never been charged, that turns progressives against feminists and feminists against progressives. This attempt by the establishment to turn progressives against themselves in order to prosecute someone who has... revealed their crimes is a heinous crime in itself..."
Loading...