Technofeudalism: What Killed Capitalism

by Yanis Varoufakis

I can think of no better defence in the face of this orchestrated obfuscation than Keynes’s (Einstein-derived) advice: stop thinking about money as something separate from what we do to each other, with each other, at work, during play, in every nook and cranny of our social universe.

Falling back to basics, I asked Mum and Dad what freedom meant to them. Mother replied: the ability to choose your partners and your projects. Father’s reply was similar: time to read, to experiment and to write.

I remember once hearing you explain why you so admired the ancient ironsmiths: because they had no concept of the Iron Age they were ushering in.

it is worth recalling how, soon after it was born, and despite its youth and vibrancy, capitalism demonstrated an inherent inability to generate domestic markets sizeable enough to absorb all of the goods that local capitalist industries were producing.