Thinking about the theory in TECHNOFEUDALISM: WHAT KILLED CAPITALISM by @VaroufakisDE and the narrative structure of THE BEZZLE by @pluralistic it occurs to me that we are now living through an epoch that I’m thinking to call The Ultimate Bezzle: the interval of time between when the neofeudalists have reduced the capitalists into vassalage, but the capitalists do not yet recognize it.
Also, just for kicks, check out this piece from the Carnegie Endowment that I randomly found when I went looking for a good explanation of the term “bezzle” — turns out to be a flying anvil of cluefulness, and I strongly recommend it.
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