The former Greek Finance Minister in conversation with Dr Marc Lamont Hill on Al Jazeera, February, 2021 Techno-Feudalism is a term that’s in the news these days. It may mean control of the data by the few FAANG companies – that’s Facebook, Amazon, Apple, Netflix; and Alphabet – formerly known as Google. Techno-Feudalism also applies to the dominance of finance and banking over state institutions – driving huge wealth inequalities.
Yanis Varoufakis is the former finance minister of Greece and Professor of Economics at the University of Athens. He is cofounder of the Democracy in Europe Movement DiEM25. That’s a pan-European political movement founded in 2016 by a group of Europeans, including philosophers and activists. They see the European Union becoming a technocratic superstate and aim to create a more democratic Union.
Yanis Varoufakis is the author of many book – the most recent are:
Another Now: Dispatches from an Alternative Present, 2020
Talking to My Daughter About the Economy, 2017
Adults in the Room: My Battle With Europe’s Deep Establishment. 2017
Varoufakis is being interviewed Dr Marc Lamont Hill. He is Professor of Media, Cities, and Solutions at Temple University, and an award-winning journalist and author. His latest acclaimed book is ‘We Still Here: Pandemics, Policing, Protest and Possibility’. It follows on the success of ‘Nobody: Casualties of America’s War on the Vulnerable from Flint to Ferguson’. He is host of “Up Front” on Al Jazeera.
Al Jazeera English is a television news channel broadcast to the world by the Al Jazeera Media Network. It is the first English-language news channel to be headquartered in the Middle East. News management rotates between broadcasting centers in Doha and London. This interview took place on February 19, 2021
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