Capitalism has changed. A century ago, capitalists amassed untold wealth by manufacturing goods, but today, our economy appears to be dominated by massive tech corporations that don't actually produce anything. Instead, these tech giants offer platforms—such as search engines, AI, or marketplaces—through which they extract profits from users. Adam speaks wit ... Show More
Jan 2024
Yanis Varoufakis on Technofeudalism
Yanis Varoufakis joins Steve nd Phil this week to talk about the thinking behind his new book technofeudalism. The ‘cloudists, as he calls them, aren’t operating in the market, they have replaced the market. They learn from us tell us what we want to buy and then sell it to us. T ... Show More
54m 30s
Nov 2023
Yanis Varoufakis with Nihal Arthanayake
<p>This week on the Penguin Podcast, Nihal Arthanayake is joined by the former Finance Minister of Greece and co-founder of the international grassroots movement DM25 as well as a Professor of economics at the University of Athens, Yanis Varoufakis. His latest book, <em>Tech ... Show More
54m 47s
Jul 2021
The dirty secret of capitalism | Nick Hanauer
Rising inequality and growing political instability are the direct result of decades of bad economic theory, says entrepreneur Nick Hanauer. In a visionary talk, he dismantles the mantra that "greed is good"—an idea he describes as not only morally corrosive, but also scientifica ... Show More
16m 35s