Varoufakis is pretty clear in using the feudalism, in that the technological elite are carving up their own monopolistic fiefdoms. How far you want to take the

Varoufakis is pretty clear in using the feudalism, in that the technological elite are carving up their own monopolistic fiefdoms. How far you want to take the analogy for modern tech corporates is debatable, as we're still a long way from the EIC and VOC in the 17th/18th centuries. The EIC was literally given a feudal grant by the Mughal Emperor over the territory is controlled, and had a standing army at one point larger than that of the British Crown.