Synopsis

According to economist and former Greek finance minister Yanis Varoufakis, capitalism has not merely faltered, but been supplanted by a far more detrimental system. Having observed market trends for years, he contends that capitalism is nearing its end, superseded by something altogether novel. In his book, *Technofeudalism: What Capitalism Killed*, he names this new order technofeudalism. In the traditional capitalist model, employees received 85 percent of the profits. At companies like Meta,