Neo-Feudalism
Part 1 of 4 in a series of pieces on tech doomerism.
Joel Kotkin in his recent book The Coming of Neo-Feudalism: A Warning to the Global Middle Class likens the rise of Big Tech with an oligarchy:
“In the Middle Ages, the power of the nobility rested on the control of land and the right to bear arms; the power of today’s ascendant tech aristocracy comes mainly from exploiting “natural monopolies” in web-ba…
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