Is capitalism dead? Yanis Varoufakis thinks it is – and he knows who killed it https://theconversation.com/is-capitalism-dead-yanis-varoufakis-thinks-it-is-and-he-knows-who-killed-it-213992 November 8, 2023 “now computers speak to each other, will this network make capitalism impossible to overthrow? Or might it finally reveal its Achilles heel?” Varoufakis’s new book Technofeudalism: What Killed Capitalism argues that we no longer live in a capitalist society; capitalism has morphed into a “technologically advanced form of feudalism”.
Traditional capitalists, he proposes, have become “vassal capitalists”. They are subordinate and dependent on a new breed of “lords” – the Big Tech companies – who generate enormous wealth via new digital platforms. A new form of algorithmic capital has evolved – what Varoufakis calls “cloud capital” – and it has displaced “capitalism’s two pillars: markets and profits”.
Markets have been “replaced by digital trading platforms which look like, but are not, markets”.
Access to the “digital fief” comes at the cost of exorbitant rents. Varoufakis notes that many third-party developers on the Apple store, for example, pay 30% “on all their revenues”, while Amazon charges its sellers “35% of revenues”. This, he argues, is like a medieval feudal lord sending round the sheriff to collect a large chunk of his serfs’ produce because he owns the estate and everything within it.
2,745,570 views May 17, 2018
In is address to the Cambridge Forum in Massachusetts, Economist and fierce EU critic Yanis Varoufakis considers the need for a radically new way of thinking about the economy, finance and capitalism.
Is Gujarat model a Miracle or a Disaster? : Indian Governance case study
Think School https://www.youtube.com/watch?v=wm86VOSf3rc Gujarat has been one of the most progressive and developed states of our country. in 2001 Gujarat’s GDP only grew by 1.1 per cent. Its Agricultural growth was just 1 per cent and one third of Gujarat’s villages were facing water scarcity.
But in the next 20 years Gujarat focussed on developmental oriented policies and as a result of it today Gujarat is the fourth largest state by GDP in India with massive industrial output accounting for 33% of India’s total exports. The major contributing factor in the turnaround story was the vibrant Gujarat summit.
BJP Wants India To Become Like Iran' By PRASANNA D ZORE https://m.rediff.com/news/interview/karti-chidambaram-bjp-wants-india-to-become-like-iran/20231228.htm In Iran it is Islamic control..
What is colonial? Colonial is the intent of the State to control the people and to suppress the people. Every tool which the British used to suppress the Indians then is still available in this thing (the Bharatiya Nyaya Sanhita) to control and suppress the population today.
So what is decolonised about it? Nothing is decolonised about it.
All the legal precedents which have evolved around the IPC for the last 159 years might not hold good now. You have to now evolve new precedents; so everything will get agitated.
Our criminal laws have evolved over a period of time and practitioners of criminal and civil law know it. Now that precedence will be thrown out the window.
Exploiting anti-Semitism is the trick Israel uses to protect itself https://twitter.com/i/status/1740047045325684898 Nabeel Rajab @NABEELRAJAB Dec 27
Antisemitism is a tool for Zionism. https://twitter.com/TorahJudaism/status/1740044781663789308 Torah Judaism @TorahJudaism
In his book The Jewish State, Theodor Herzl writes clearly about how Antisemitism should be used as a tool against the Nations of the world. since Theodore Herzl (the founder of modern Zionism) recognized that anti-Semitism would further his cause, the creation of a separate State for.
BHAGIRATH THE SANDMAN: dire consequences of indiscriminate sand mining on rivers, people and our future. https://www.youtube.com/watch?v=frI__5cpQKs
'BJP to win 400 seats in 2024 Lok Sabha elections if...': Congress's Sam Pitroda's warning https://www.hindustantimes.com/india-news/bjp-to-win-400-seats-in-2024-lok-sabha-elections-if-congresss-sam-pitrodas-warning-101703755771074.html Vaibhav Tiwari Dec 28, 2023 ..
the main recommendation of a former Supreme Court judge Madan Lokur-chaired NGO was to change the current design of the VVPAT system. I feel there is a trust deficit based on this report. And, the Election Commission must respond to rebuild the trust,"
क्या भारत में होने वाली है तेल की किल्लत, सरकार की कौनसी चूक पड़ सकती है भारी KnockingNews https://youtu.be/8Qfl-dav9vo?t=105
Payment woes delay supply of Russian Sokol oil to India -sources By Nidhi Verma https://www.reuters.com/business/energy/payment-woes-delay-supply-russian-sokol-oil-india-sources-2023-12-26/ December 27, 2023 Shipments of Russian Sokol crude oil to Indian Oil Corp (IOC.NS) have been delayed by payment problems, forcing India's biggest refiner to draw from its inventories and buy more oil from the Middle East.. IOC's payments for Sokol oil have been hampered because Sakhalin-1 LLC has been unable to open an account with a bank in the UAE to accept dirham payments
Who Will We Be After the War in Gaza Is Over https://www.haaretz.com/opinion/2023-12-26/ty-article-opinion/.premium/who-will-we-be-after-the-war-in-gaza-is-over/0000018c-a2ac-d97c-a9ec-beef345c0000
Long before the accursed Shabbat we were at the height of a culture war that the government declared against anything that radiates humanist and universal values, while enforcing an ultranationalist and religious agenda. After October 7 it seemed for a moment that these battles were suspended, because after all, only "Together We Will Win," right? Well, no. The spread of these festering wounds has only been accelerated under the sponsorship of the disaster and the war.
It pounds on our temples and rages in our bellies. Who will we be after the war? Will there be a place here after the war for anyone who still believes, like Shaul Tchernichovsky, "In man, in his spirit, a strong spirit," who insists that in the future "It will bring peace. And a blessing from nation to nation"? Will as Natan Alterman promised, the melody that we abandoned in vain return?
Is it true, as in Lea Goldberg's scorching question, that "days of forgiveness and mercy shall return?"
आगे बढ़ता लाँग मॉर्च, 11वां दिन, 17 दिसम्बर 2023 Voice of Farmer Movement https://www.youtube.com/watch?v=OwLWpuWLYAI
Reliance Communications previously owned by Anil Ambani with an outstanding debt of Rs. 47,251 cr has been taken over by Reliance Projects & Property Managment Services Ltd wholey owned subsidary of Mukesh Ambani through Insolvency & Bankruptcy Board process at the cost 455.92 cr which is less than 1% of total debt. Insolvency & Bankruptcy process is being claimed as game changer for recovering bank dues but in effect has proved to be escape route for corporates who are looting the banks. - Devidas Tuljapurkar
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