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Missive #726

In his boldest and most far-reaching book yet, world-famous economist Yanis Varoufakis argues that capitalism is dead and a new economic era has begun.

Insane sums of money that were supposed to re-float our economies in the wake of the financial crisis and the pandemic have ended up supercharging big tech’s hold over every aspect of the economy. Capitalism’s twin pillars – markets and profit – have been replaced with big tech’s platforms and rents. Meanwhile, with every click and scroll, we labour like serfs to increase its power. Welcome to technofeudalism.

Drawing on stories from Greek Myth and pop culture, from Homer to Mad Men, Varoufakis explains this revolutionary transformation: how it enslaves our minds, how it rewrites the rules of global power and ultimately what it will take overthrow it.

I did a morning walk yesterday and today. Both of them just over three miles on routes that I have walked many times before. Struggling some with the increased altitude but not too much. Not ready to add a mid day walk yet, maybe next week then again maybe not. We got a very light rain shower yesterday afternoon so I’ll be trying to dodge those if I decide to do any walks in the mid day or afternoon.

I go into reserve tomorrow and get tires put on Desperado and maybe find out what is causing the poor gas milage and rough running engine. Will have breakfast there and stop at Jake’s as well as the Post Office. Perhaps I’ll have more to tell about all this later.

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