Hate speech is intrinsic to cloud capital’s rent extraction

Evidence

Bigotry is technofeudalism’s emotional compensation for the frustrations and anxieties we experience in relation to identity and focus. Comment moderators and hate-speech regulation can’t stop this because it is intrinsic to cloud capital, whose algorithms optimise for cloud rents, which flow more copiously from hatred and discontent. — Yanis Varoufakis, Technofeudalism, 661

Categorization

  • XREF: Connects to the reader’s collection on moral panics - online bigotry as engineered emotional compensation rather than spontaneous malice. — connects to: Cloud capital uniquely combines attention-holding, free labour and privatised transaction spaces — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 381; Cloud capital is capital’s mutation into feudal wealth extraction, not capital’s death — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 906; Blockchain’s appeal is escaping intermediaries, states, and cloud rents — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 684 (+3 more)
  • corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 661

Broader Connections