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.

  • willington@lemmy.dbzer0.com
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    7 days ago

    I see a bunch of people in this thread picking bones with Yanis’ word usage.

    I upvoted the best of those that are simple, straightforward, and focus on what they want instead of what they don’t.

    The legit way to go negative is to demonstrate real tangible harm, and not just tell me you don’t like it. You don’t like the word? Well boo fucking hoo your little boo boo. Everyone likes or dislikes all sorts of things. Why should I care about this particular dislike of yours? Why is it important? Convince me.

    I see Yanis Varoufakis as an ally. He’s making great points. Are the points new? Who gives a shit? I don’t. Is he convincing new people every day? Yes, he is. Is he opening and helping align new minds every day? No shit. Yes. Absolutely. Is he eloquent, clear, and persuasive? Yes, yes, yes. And that’s what matters.

    I will upvote Yanis as long as he keeps being the Yanis that I know and like. I know what he is going to say. And that’s fine. It’s like if Ricardo Semler were giving a new talk I could guess the content. If Richard Wolff says something new, I can guess the general gist of what it is. That doesn’t make it wrong or bad. There are still folks out there who need to hear it. New people are born every day. Every day is someone’s first time.

    The bigger reason Yanis is popular is because he served in an important government post in Greece. And he is right. That helps too. No need to produce useless unproductive friction toward Yanis. (“Oh, but his taxonomy is not to my liking!” holy batman what a low value comment)

    I myself use all these words: neofeudalism, economic royalists, oligarchs, fascists, cappies, wealth consolidationists, private property fetishists, free market fundamentalists, libertarians, etc. There is not just one legit way to describe that evil. The point is to oppose the wealth and economic decision consolidation and to oppose the erosion of the commons. That’s it.

  • NewOldGuard@lemmy.ml
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    7 days ago

    > new yanis varoufakis analysis just dropped

    > look inside

    > rebrand of left analysis that has existed for a century but with misunderstandings and some crank shit sprinkled in

    Seriously though this is fascism, a modern tech flavor but fascism nonetheless. Just as his “technofeudalism” claims were just describing imperialism and neoliberal monopoly capitalism but with his own branding. I’d rather people listen to him than somebody more right wing but this guy is kinda off the mark a lot

    • vapordays@leminal.space
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      7 days ago

      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.

  • Teppa@lemmy.world
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    7 days ago

    Buy GGLL, Google owns mobile, its not going anywhere.

    It also uses efficient TPU for AI, so has an advantage there too.

  • lmr0x61@lemmy.ml
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    8 days ago

    Sure, but let’s call it what it is: fascism. We need to stop inventing fancy names for things that have existed for a century.

    There is a difference, but largely in the industry whose capital backs this new fascism. In the 1920s and ‘30s, the dominant / ascendant form of capital was manufacturing capital, so those were the biggest backers of German fascism (both in Germany and the US). In our time in the US, the ascendant capital is big tech, but most of their assets are in cloud computing. This will inform the face it puts forward, so it does change the modes and styles of its propaganda, but you best believe the same fascist goals are at the heart of it all. So I say: call it fascism.

      • eleijeep@piefed.social
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        8 days ago

        “We don’t know who struck first, us or them. But we do know it was us that scorched the sky. At the time, they were dependent on solar power. It was believed they would be unable to survive without an energy source as abundant as the sun.”

        • artifex@piefed.zip
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          8 days ago

          If they have marching armies of weaponized death machines they will also definitely have unlicensed nuclear reactors.

      • bedwyr@piefed.ca
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        8 days ago

        And their workers outfitted with kill switches. Probably their stupid phones first, later collars that can deliver paid or death remotely. Dark shit.

        • FauxLiving@lemmy.world
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          8 days ago

          We can already see how this will work out. They get you trapped in their walled garden kingdom.

          If you get banned from their services and you can’t access your files, make payments, login to your phone or computer, start your car, etcetcetc.

      • bedwyr@piefed.ca
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        8 days ago

        These clowns can’t operate this shit safely. They will mini melt down and scapegoat others then do it again.

        The regulators have been relegated to bootlicking. There is no one making them do it safely, only their own judgement (shudders.)

        We are truly fucked though, and this nuclear bs is part of it.

          • bedwyr@piefed.ca
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            7 days ago

            Data centers have paid off the government to do a bunch of nuclear mini reactors, the administration naturally cannibalized the Nuclear regulatory commission already, Some are opening old ones, like the infamamous three mile island that melted down, but others are doing the mini thing.

            I was looking for the guardian article I just read like a week ago and the enshitified search engines aren’t producing it, they aren’t even trying to find what we ask. These guys are trustworthy though, and will explain the process at least.

            https://www.foodandwaterwatch.org/wp-content/uploads/2025/06/2506_FSW_GoingNuclear.pdf

            • GirthBrooksPLO@lemmy.world
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              7 days ago

              Nuclear is actually one of the safest forms of power, with the corollary that competency is the norm in the industry. I spent years in the Naval Nuclear program and they have not had an uncontrolled release of radioactive contamination to the public in the 80 year history of the program.

              Three Mile Island killed nobody, and the reactor they are restarting had been operating up until 2015.

              While I am less than pleased that it’s basically all going to Microdick’s AI centers, it’s important not to lump nuclear power in by guilt by association.

    • Malyca@lemmy.zip
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      8 days ago

      Destroying just one satellite will cause the debris to take all of them out. Someone will do this eventually :(

  • RunawayFixer@lemmy.world
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    7 days ago

    The problem is wider than the tech companies, so personally I’d prefer a wider definition that includes the non tech bad actors. Something like “Return of the Robber Barons”.

    Robber Barons = By the late 19th century, the term was typically applied to businessmen who used exploitative practices to amass their wealth. Those practices included unfettered consumption and destruction of natural resources, influencing high levels of government, wage slavery, squashing competition by acquiring their competitors, and to create monopolies and/or trusts that control the market. https://en.wikipedia.org/wiki/Robber_baron_(industrialist)

    That description seems like a perfect match for the present day USA economy.

  • XLE@piefed.social
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    8 days ago

    This article implicitly references but does not specifically mention, the essay The Network State, which spiritually feels like a predecessor to what Palantir decided to unleash on the world the other day.

  • gokayburuc@lemmy.world
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    7 days ago

    It’s the age of “Mega Tech Corporations”

    If corporations become immune to oversight by state legislative bodies, they exert pressure on governments and transform into feudal structures.At this point, countries that host technology companies have a major role to play.Today, if a technology company has billions of dollars, it can certainly pressure the government to act in its own interests.At this point, the government needs to create legal regulations for these types of companies.

  • bedwyr@piefed.ca
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    8 days ago

    Neo Liberals are still in control of the, controlled opposition, the Democratic Party.