How U.S. Big Tech Monopolies Colonized the World: Welcome to Neo-Feudalism
How U.S. Big Tech Monopolies Colonized the World: Welcome to Neo-Feudalism
US Big Tech corporations are like the feudal landlords of medieval Europe. These Silicon Valley monopolies own the digital land that the global economy is built on, and are charging higher and higher rents to use their privatized infrastructure.
This is a terrific article. It’s well researched and cuts through the chaff Big Tech monopolies spew to obscure their propaganda. I especially enjoyed this part:
“Although these large technology companies may not be full state-owned, China’s socialist government ensures that they act in the interest of the country and the people, not simply wealthy shareholders.
The US system is exactly the opposite. Large corporations control the government, and create policy on behalf of wealthy shareholders.”
11Yep, the part you highlighted there is super spot on. Crazy to see the various fashions tech corps will implement to become embedded in governments. But seems as if China's approach is more reasonable than the US approach.
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any enjoyers of this artical may like The Internet Con by: Cory Doctorow.
3That's the "enshittification" guy, right?
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Isn't this Varoufakis' latest book idea?
Not crazy about this muddled thinking. The global economy is not built on Silicon Valley monopolies, come on.
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