Technofeudalism

Quick meaning: Technofeudalism is a noun meaning A feudal system of government and property organization in which economic and social power is concentrated in a few technological and digital companies.

Meaning

A feudal system of government and property organization in which economic and social power is concentrated in a few technological and digital companies.

Example Sentences

Near-synonym: neofeudalism

This is the vision underlying the technofeudalism thesis, which holds that 21st-century capitalism has been superseded by a new economic system overseen by Big Tech.

Specifically, the Great Inflation and cost-of-living crisis that have followed the recent pandemic cannot be properly understood outside the context of technofeudalism.

Plus, it makes a good meme. The hungry crowds on Reddit and Twitter love it: a YouTube video of a discussion on techno-feudalism by Varoufakis and Slavoj Žižek garnered over 300,000 views in just three weeks.

Word Forms

• techno-feudalism

Synonyms for technofeudalism

Depending on context, synonyms include neofeudalism.

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