Link to video: https://www.youtube.com/watch?v=jOR4wuiPeEQ
TLDR: Hank Green independently discovers “Techno-Feudalism” and says he has not heard anyone else talking about this. Get Yanis Varoufakis on the phone with this liberal NOW!
Link to video: https://www.youtube.com/watch?v=jOR4wuiPeEQ
TLDR: Hank Green independently discovers “Techno-Feudalism” and says he has not heard anyone else talking about this. Get Yanis Varoufakis on the phone with this liberal NOW!
This dude’s whole schtick is taking a ‘closer look’ at something only to conclude that all economic relations are infinitely complex, and while fun to think about, ultimately inexplicable. SCIENCE!
Well, I can’t make sense of where profit comes from without admitting it comes primarily from the exploitation of workers, so it must be horribly complex, because otherwise that would be too simple and someone else would have figured it out a long time ago.
It’s kinda funny how much of economics and political “science” boils down to this.
Ever since Ricardo thesis made literally all honest economists to eventually arrive at some version of socialism (and Marx at scientific socialism), mainstream economy needed to take a step back to serve the bourgeoisie. At this point it’s basically Ouroboros-mammon cult whose main tasks are 1. Demonising marxism and 2. Producing economic theories that sound plausible to a laymen but are contradicting, backwards and ad odds with reality.