City Lights and Melville House present Yanis Varoufakis in conversation with Peter Maravelis, discussing "Technofeudalism: What Killed Capitalism" by Yanis Varoufakis, published by Melville House.

Purchase here: https://citylights.com/topographies/technofeudalism/

Perhaps we were too distracted by the pandemic, or the endless financial crises, or the rise of TikTok. But under cover of them all, a new and more exploitative system has been taking hold. Insane sums of money that were supposed to re-float our economies after the crash of 2008 went to big tech instead. With it they funded the construction of their private cloud fiefdoms and privatized the internet.

Technofeudalism says Yanis Varoufakis, is the new power that is reshaping our lives and the world, and is the greatest current threat to the liberal individual, to our efforts to avert climate catastrophe—and to democracy itself. It also lies behind the new geopolitical tensions, especially the New Cold War between the United States and China.

Drawing on stories from Greek myth and pop culture, from Homer to Mad Men, Varoufakis explains this revolutionary transformation: how it enslaves our minds, how it rewrites the rules of global power, and, ultimately, what it will take overthrow it.

Yanis Varoufakis is an economist and academic, a bestselling author, and the former finance minister of Greece. He is a co-founder of the Democracy in Europe Movement 2025. His books include "And the Weak Suffer What They Must?," "Talking to My Daughter About the Economy," "Adults in the Room," and "Foundations of Economics."

Praise for "Technofeudalism:"

“Blending intellectual memoir, history, and economic and technological history, Varoufakis creates an intimate atmosphere that is a genuine pleasure to read … It’s hard to read this book and deny its power … illuminating.” — The Washington Post

“An outstanding economist and political analyst.” — Noam Chomsky

"Arresting … an ambitious thinker and a lively writer … Varoufakis is right that we are in thrall to digital platforms, who hold our data hostage and prevent us from switching to 'a competing cloud fief'" ― The Times (London)

Originally broadcast via Zoom on Tuesday, July 16, 2024. Made possible by support from the City Lights Foundation. https://citylights.com/foundation/