Cloud capital’s key innovation is self-reproduction through unpaid user labor
Evidence
Aided by machines, it was waged workers who produced the stuff that was sold to generate profits, which in turn financed their wages and the production of more machines – that’s how capital accumulated and reproduced. Cloud capital, in contrast, can reproduce itself in ways that involve no waged labour. How? By commanding almost the whole of humanity to chip in to its reproduction – for free! — Yanis Varoufakis, Technofeudalism, 319
Categorization
- DEFINE: Core definition: cloud capital’s self-reproduction without waged labor is what distinguishes feudalism from capitalism.
- SEED: Angle: what does a labor theory of value mean when accumulation runs on unpaid ‘free labor’ from users? Could map the transition from labor-exploitation to activity-extraction.
- corroborated: 3 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 319
- XREF: connects to: Digital capitalism profits from unpaid pleasurable user activity. — Yves Citton, The Ecology of Attention, 197; Cloud capital is physical networked machinery plus unwaged user labor — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 850; Cloud platforms exploit nearly everyone rather than only their employees — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 873 (+15 more)
Broader Connections
- Users rather than paid employees produce cloud capital outside markets
#corroborates(0.87) — Yanis Varoufakis, Technofeudalism, 334 - Voluntary user content creation constitutes unpaid labor enriching platform owners
#exemplifies(0.85) — Yanis Varoufakis, Technofeudalism, 338 - Cloud capital made humanity work for free or a pittance
#corroborates(0.80) — Yanis Varoufakis, Technofeudalism, 444 - Cloud capital uniquely combines attention-holding, free labour and privatised transaction spaces
#expands(0.78) — Yanis Varoufakis, Technofeudalism, 381 - Unpaid cloud-serf labor shrinks aggregate demand and deepens economic crises
#qualifies(0.75) — Yanis Varoufakis, Technofeudalism, 639 - The internet functions as a factory producing the self as commodity
#complicates(0.72) — Grant Bollmer, Katherine Guinness, The Influencer Factory, 18