A new form of capital is ascending: cloud capital—networked algorithmic machines that grant their owners remarkable powers to modify our behaviour. And just as financiers needed neoliberalism, today’s tech lords need a new ideology to legitimise their rule. I call it techlordism.
Yeah, that is exactly what I’ve thought of Yanis V’s “critique” as well. Well said
It’s a kind of rebrand of Marxism that is missing out on some important points, even the defining elements of capitalism which are still in place. Like, he is saying capitalism is not capitalism anymore? His idea is that capitalism has been “killed” which is disingenuous at best (if he’s just using it as hyperbole) and completely wrong at worst, since we are indeed still broadly in the thick of it. It does seem sorta like he just wanted to sell a book or hear himself talk etc.