How Capitalism Becomes Feudalism (Severance and Technofeudalism)

How Capitalism Becomes Feudalism (Severance and Technofeudalism)
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64,219 views June 25, 2024
Literate Machine
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CAPITALIST'S HATE CAPITALISM
PERFERING MONOPOLIES
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Mega Corporations not only have No Respect for their Employees but do not even have Respect for their Customers. Even Worse, they Often Have Evil Intent. Big Pharma for instance has No Problem Killing Their Customers or Making Them Perpetually Sick to profit off of their Pain, Suffering and Misery.
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They have conclusively proven they cannot conduct themselves with integrity. Laws that are enforced with high penalties for violations are the only thing that can keep them inline. But when they Control the Politicians and Make the Laws, Corporate Tyranny is the inevitable result. As the Power of Corporations Grow, the Tyranny will surely increase.
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As commerce transforms around the new rent-extracting digital fiefdoms, algorithms and AI become a way to transform skilled labor into machine-learning piecework.
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In Severance, technology is used to "sever" people's working selves from their actual selves, creating the perfect, dehumanized work force.
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Correction: In this video I mistakenly spell Yanis Varoufakis' name "Varifakis".
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Bibliography: https://literatemachine.com/2024/06/2...
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FAIR USE FOR EDUCATIONAL PURPOSES
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