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‘Capitalism is dead. Now we have something much worse’: Yanis Varoufakis on extremism, Starmer, and the tyranny of big tech (www.theguardian.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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‘Capitalism is dead. Now we have something much worse’: Yanis Varoufakis on extremism, Starmer, and the tyranny of big tech::In his new book, the maverick Greek economist says we are witnessing an epochal shift. At his island home, he argues it’s now the ‘fiefdoms’ of tech firms that shape us

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[–] ComradeChairmanKGB@lemmygrad.ml 7 points 1 year ago

The government did nothing to stop this conglomeration of assets and wealth.

Being owned by those megacorps is a prerequisite for holding office. Why would they do anything to stop their benefactors?