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It's basically the difference between "every one of my workers needs to be able to buy one of my cars" industrial Fordism and what Varoufakis coined techno-feud
by Barrin92 1y ago
It's basically the difference between "every one of my workers needs to be able to buy one of my cars" industrial Fordism and what Varoufakis coined techno-feudalism, which does not utilize markets or independent workers but tries to extract value from what are effectively serfs directly. Zuckerberg et al. are obviously emblematic of the latter.