Yanis Varoufakis discusses his powerful theory of technofeudalism to describe the next era after capitalism.
Capitalism’s dominance may have run its course. A new system of control has taken its place, one Yanis Varoufakis calls technofeudalism. For Varoufakis, former Minister of Finance for Greece and number-one bestselling author, the elite few who run Big Tech exercise the same level of influence that feudal overlords once did. Except now, they not only threaten democracy but wish to rewrite the rules of global power themselves. Join Varoufakis as he reveals why we need to thwart these new figures, and why we need to get Musk and Sam Altman out of the White House before it is too late.
Yanis Varoufakis is a leading critic of the economic establishment. He was the former Finance Minister of Greece, and is a professor, bestselling author, and current chair of the Democracy in Europe Movement 2025. The Institute of Art and Ideas features videos and articles from cutting edge thinkers discussing the ideas that are shaping the world, from metaphysics to string theory, technology to democracy, aesthetics to genetics.