How Silicon Valley Unleashed Techno-Feudalism: The Making of the Digital Economy

The promise of the New Economy gone, we have regressed into the age of techno-feudalism

The rise of the IT industry in the nineties promised a new era of freedom and prosperity. It didn’t deliver. Certainly, algorithms are everywhere, but capitalism is no more civilised than ever.

In fact, in the hands of private corporations, the digitalisation of the world drives us towards a darker future. The return of monopolies, the dominance of a few platforms, the blurred distinction between the econo...