Technofeudalism: What It Is and What It Is Not.

Richard Mellor

 

I’ve seen the term technofeudalism and it did seem odd to me, not unlike those people who long for a return to the slower pace of life before the capitalist mode of production came to dominate. 

 

Michael Roberts and his two guests who have written an as yet unpublished paper on the subject, provide us with an excellent introduction to the term; what it means and why it is flawed.  They reject the argument of its supporters that given the power of the tech giants capitalism as we know it, is dead. In one sense it is a reactionary view in that it undermines the importance of class struggle.

 

It’s a very good, short introduction to an aspect of Marxian economics that most workers who are interested in this subject can grasp, which will encourage further forage in to a subject that too often is presented in such a dry academic way that most of us give up on it.