Greetings from Indiana the Hoosier State tourism postcard

Extraction Economy - Selling Out Hoosiers

By michelle

I recently finished reading “Technofeudalism: What Killed Capitalism” by Yanis Varoufakis, the former Finance Minister for Greece. (For an extensive interview with the author, see Wired Magazine.) It is a sobering look at what has slowly been happening in our global economy since the housing crash of 2008. As the book description explains, “Big tech has replaced capitalism's twin pillars—markets and profit—with its platforms and rents.