Conventional manufacturers are reduced to fee-paying vassals of cloudalists

Evidence

Meanwhile, conventional capitalist manufacturers increasingly have no option but to sell their goods at the discretion of the cloudalists, paying them a fee for the privilege, developing a relationship with them no different to that of vassals vis-à-vis their feudal overlords. — Yanis Varoufakis, Technofeudalism, 362

Categorization

• corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 362
• XREF: connects to: Traditional capitalists have become vassals to cloud capital’s feudal overlords — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 17; Technofeudalism displaces capitalism by substituting cloud capital for terrestrial capital. — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 849; Manufacturing ecosystems that blend capital types are not easily repatriable. — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 642 (+1 more)

Broader Connections

• Technofeudalism displaces capitalism by substituting cloud capital for terrestrial capital. #expands (0.85) — Yanis Varoufakis, Technofeudalism, 849
• Platforms replace markets with fiefdoms and profit with cloud rent #expands (0.80)
• Manufacturing ecosystems that blend capital types are not easily repatriable. #qualifies (0.75) — Yanis Varoufakis, Technofeudalism, 642