Geopolitical Economy Report
Geopolitical Economy Report
Ben Norton
How US Big Tech monopolies colonized the world: Welcome to neo-feudalism
39 minutes Posted Aug 20, 2024 at 10:14 pm.
Neo-feudalism
Amazon's monopoly
Google's monopoly
Amazon takes 50% of sellers' revenue
How Amazon sets prices: the Buy Box
Technofeudalism, by Yanis Varoufakis
Cloud infrastructure
New cold war on China
China: only alternative to US Big Tech monopolies
Chinese socialism
Monopoly capitalism & imperialism
Feudalism & capitalism
Utilities
Privatized digital infrastructure
Uber & Silicon Valley's monopolistic business model
Apple wages war on Chinese competitors
Apple's outrageous 30% Patreon fee
Outro
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39:55
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Show notes
US Big Tech corporations are like the feudal landlords of Medieval Europe. These Silicon Valley monopolies own the digital land that the global economy is built on, and are charging higher and higher rents to use their privatized infrastructure. Ben Norton explains.
VIDEO: https://www.youtube.com/watch?v=Qf1wQ9QeaKM
Sources and more information here: https://geopoliticaleconomy.com/2024/08/19/us-big-tech-monopolies-neo-feudalism/
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