Techno-Feudalism is a term thatâs in the news these days. It may mean control of the data by the few FAANG companies - thatâs Facebook, Amazon, Apple, Netflix; and Alphabet - formerly known as Google. Techno-Feudalism also applies to the dominance of finance and banking over state institutions - driving huge wealth inequalities. Yanis Varoufakis is the former finance minister of Greece and Professor of Economics at the University of Athens. He is cofounder of the Democracy in Europe Movement DiEM25. Thatâs a pan-European political movement founded in 2016 by a group of Europeans, including philosophers and activists. They see the European Union becoming a technocratic superstate and aim to create a more democratic Union. Yanis Varoufakis is the author of many book - the most recent are: Another Now: Dispatches from an Alternative Present, 2020 Talking to My Daughter About the Economy, 2017 Adults in the Room: My Battle With Europe's Deep Establishment. 2017
Varoufakis is being interviewed Dr Marc Lamont Hill. He is Professor of Media, Cities, and Solutions at Temple University, and an award-winning journalist and author. His latest acclaimed book is âWe Still Here: Pandemics, Policing, Protest and Possibilityâ. It follows on the success of âNobody: Casualties of Americaâs War on the Vulnerable from Flint to Fergusonâ. He is host of âUp Frontâ on Al Jazeera.
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