Capital can flourish even after capitalism itself dies.
Evidence
Yes, capital still exists and flourishes, even though capital ism does not. None of this ought to surprise you β after all, it is what you taught me. As consecutive mutations multiply the variants of an organism until, at some point, a brand-new species appears, so technological change proceeds within a social system until, suddenly, the system has been transformed into something quite distinct, though that doesnβt mean that all of the materials out of which the system is built β capital, labour, money β have necessarily changed. β Yanis Varoufakis, Technofeudalism, 234
Categorization
- DEFINE: Establishes the central distinction between capital (the material) and capitalism (the system) that grounds the bookβs whole thesis.
- XREF: connects to: Capital itself, mutated into cloud capital, has killed capitalism β Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 12; Capital escaped the capitalist market, not labour β Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 365; Capitalism remains imaginable even in imagined apocalypse. β Mark Fisher, Capitalist Realism: Is There Noβ¦, 8
Broader Connections
- Capital escaped the capitalist market, not labour
#expands(0.75) β Yanis Varoufakis, Technofeudalism, 365 - Capital itself, mutated into cloud capital, has killed capitalism
#corroborates(0.72) β Yanis Varoufakis, Technofeudalism, 12