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We are no longer living in capitalism. We have entered Technofeudalism. 🏰 In this season finale, we dismantle the economic engine of the modern internet, where Big Tech platforms have become the new feudal lords and we are the serfs, tilling the digital soil for free.
1. The Death of Markets: We explore Yanis Varoufakis's terrifying theory that "Cloud Capital" has replaced traditional markets. You don't buy things in a market anymore; you live inside a private fiefdom (like Amazon or the App Store) where one company controls the physics of trade, extracting rent from every transaction.
2. Enshittification: Why does every app eventually turn terrible? We explain Cory Doctorow's "Enshittification" lifecycle: first, they seduce users with value; then, they lock you in and sell you to advertisers; finally, they squeeze both users and businesses to claw back every cent of value, leaving a hollow shell behind. It’s not bad management; it’s the business model.
3. The New Colonialism: We analyze the concept of Data Colonialism. Just as empires once extracted land and resources, today's tech giants extract human experience itself. Your behavior, your relationships, and your attention are the raw materials that fuel a $2 trillion surveillance economy that treats you not as a customer, but as a resource to be mined.
By MorgrainWe are no longer living in capitalism. We have entered Technofeudalism. 🏰 In this season finale, we dismantle the economic engine of the modern internet, where Big Tech platforms have become the new feudal lords and we are the serfs, tilling the digital soil for free.
1. The Death of Markets: We explore Yanis Varoufakis's terrifying theory that "Cloud Capital" has replaced traditional markets. You don't buy things in a market anymore; you live inside a private fiefdom (like Amazon or the App Store) where one company controls the physics of trade, extracting rent from every transaction.
2. Enshittification: Why does every app eventually turn terrible? We explain Cory Doctorow's "Enshittification" lifecycle: first, they seduce users with value; then, they lock you in and sell you to advertisers; finally, they squeeze both users and businesses to claw back every cent of value, leaving a hollow shell behind. It’s not bad management; it’s the business model.
3. The New Colonialism: We analyze the concept of Data Colonialism. Just as empires once extracted land and resources, today's tech giants extract human experience itself. Your behavior, your relationships, and your attention are the raw materials that fuel a $2 trillion surveillance economy that treats you not as a customer, but as a resource to be mined.