Technofeudalism: What Killed Capitalism

by Yanis Varoufakis

this generation] will know no favour for those who keep their oath or for the just or for the good…strength

labour is split between commodity labour (Mum’s time, bought by her wage) and experiential labour (the effort, passion and flair she put into her work).

fall in the price of money (the interest rate)

mankind. That which I am unable to do as a man, and of which therefore all my individual essential powers are incapable, I am able to do by means of money. Money thus turns each of these powers into something which in itself it is not – turns it, that is, into its contrary.