"In Capital Is Dead: Is This Something Worse? (2019), Wark writes that control of the means of production has been replaced by control of technology and the laws that regulate information. In this version of capitalism, we work for social media and provide the content, but its owners decide what we see and when we see it."
"Big Tech made up of firms such as Facebook and Google collects vast amounts of data from billions of users, in the hopes of surveillance capitalism described by Shoshana Zuboff, a philosopher and professor emerita at Harvard Business School."
"The response from the left (and not only from the left) to the advance of technopopulism involves three related elements: a vindication of democracy against the power of large corporations, a defense of workers against precarity, as well as a commitment to technological sovereignty, so as to avoid dependence on the United States."
Technofeudalism represents an evolution of capitalism where control of technology and information regulation has replaced traditional means of production control. Tech companies collect massive user data for surveillance capitalism, determining what content users see and when. Social media platforms, initially celebrated for democratizing potential, now threaten democracy through algorithmic manipulation. Tech oligarchs support populist authoritarianism globally. The left must respond through three interconnected strategies: defending democracy against corporate power, protecting workers from precarity in the platform economy, and establishing technological sovereignty to reduce dependence on United States-based companies. This situation represents a fundamental shift in how power operates in contemporary capitalism.
#technofeudalism #surveillance-capitalism #platform-economy #technological-sovereignty #democracy-and-algorithms
Read at english.elpais.com
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