Cloud capital uniquely combines attention-holding, free labour and privatised transaction spaces

Evidence

Through them, cloud capital has developed capacities that previous types of capital goods never had. It has become at once an attention-holder, a desire-manufacturer, a driver of proletarian labour (of cloud proles), an elicitor of massive free labour (from cloud serfs) and, to boot, the creator of totally privatised digital transaction spaces (cloud fiefs like amazon.com) in which neither buyers nor sellers enjoy any of the options they would in normal markets. — Yanis Varoufakis, Technofeudalism, 381

Categorization

  • DEFINE: Concise definition of the four cloud-capital capacities and terms cloud proles, cloud serfs, cloud fiefs.
  • corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 381
  • XREF: connects to: Cloud capital is physical networked machinery plus unwaged user labor — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 850; Cloud capital is capital’s mutation into feudal wealth extraction, not capital’s death — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 906; Cloud capital reproduces itself without waged labour, unlike all prior capital. — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 316 (+8 more)

Broader Connections