Cloud platforms exploit nearly everyone rather than only their employees

Evidence

Whereas capitalists can only exploit their employees, cloudalists benefit from universal exploitation, i.e. cloud serfs work for free to increase the stock of the cloud capital which allows cloudalists to appropriate more and more of the surplus value that the capitalists extract from employees already converted into cloud proles whose work is guided and sped up by cloud capital. — Yanis Varoufakis, Technofeudalism, 873

Categorization

  • XREF: The ‘universal exploitation’ concept extends the reader’s prior interest in how platform rent extracts value, echoing the extractive institutional accounts from the diamond-bourse and law-merchant chapters. — connects to: Users rather than paid employees produce cloud capital outside markets — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 334; Cloud capital shatters individuals into manipulable fragments of data — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 660; Cloud capital’s key innovation is self-reproduction through unpaid user labor — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 319 (+11 more)
  • corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 873

Broader Connections