Labels like platform capitalism obscure today’s actual systemic transformation.

Evidence

And yet, just as in the 1770s, to describe today’s nascent system in the terms of the past – to call it hyper-capitalism, or platform capitalism, or rentier capitalism – would be not just a failure of the imagination but to miss the great transformation of our society that is currently taking place. — Yanis Varoufakis, Technofeudalism, 457

Categorization

• corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 457
• XREF: connects to: The social market economy label was emptied of its original neoliberal meaning — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 558; Total universalization of capitalism erases the concept of the system itself — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 865; New social movements resist easy classification as products of or correctives to capitalism. — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 705 (+1 more)

Broader Connections

• Total universalization of capitalism erases the concept of the system itself #expands (0.78) — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 865
• New social movements resist easy classification as products of or correctives to capitalism. #exemplifies (0.75) — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 705
• Restricting ‘capitalism’ to industrial wage-labor obscures its commercial and financial predecessors. #exemplifies (0.75)
• The social market economy label was emptied of its original neoliberal meaning #qualifies (0.72) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 558